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OIL FOUND IN
SECOND GEORGIA
OIL WELL
SHARES ADVANCE TO ONE DOLLAR JULY 27.
Again we have the satisfaction of announcing that we have found the oil stratum on our vast properties in Jefferson County, Georgia. This time it has been encountered in our second oil well which is rapidly nearing com
pletion. This same stratum was encountered in drilling our first well, at the same depth, and the finding of it the second time can mean but one thing—that tho seepage from the lower deposit, which we are confident will be
found at around 1,200 feet, is not a mere local condition to be found in one spot where our first well was drilled, but that it is a general condition which indicates that tlic main deposit to do found below is of large extent and
„—. — nding of ■ ‘ - * .."I-. - . .
therefore must contain immense quantities of the precious petroleum the finding of which we have labored hard and earnestly to accomplish—with every assurance of success right now before us.
We are rushing the completion of this second well just as much as possible so as tp get down to the storehouse of Nature at the earliest possible moment and secure from it the vast treasure that is now practically certain
to be found. We desire that our fortunate shareholders be rewarded with the immense returns which are coming to them just as quickly as possible. For tho opening up of this oil field means millions of profits to them and much
added prosperity to the entire state. f
We aro confident that it will not be necessary to go beyond a depth of 1,200 feet to find the main oil deposit. We are now averaging a depth of 100 feet per day, so that we can.safely count on reaching that depth by
the last of the coming week. We are prepared, however, to go to a depth of 2,000 feet if necessary and are determined to reach tho main oil deposit at any cost now that its existence is .entirely established to our satisfaction
and to the satisfaction of the oil experts in charge of the work.
Von have one last chanco of joining with us in the development of this great oil field and of participating in the wealth that will be the result of the opening up of the oil field. For a few days only the price of stock
in this company will remain at 40 cents—to be advanced at the end of the week to par, $1.00 per share—to go skyward in leaps and bounds the minute the first gush of oil is encountered I in this second well.
Shares To Advance to $1.00
With the finding of oil in our first and second wells, at two points on
our properties; with the ceaseless flow of oil from various oil springs on
and around our properties; with the encountering of natural gas In several
Instances; with the establishment of the fact that all the geological con
ditions for fndtng oil In Immense quantities are present on our proper
ties—with all these conditions developed to our entire satisfaction, point
ing directly to the opening np of an oil field at a very early date, we feel
that It Is no more than just to our old stockholders that we soon advance
the price of shares to a figure commensurate with their value.
It baa been decided, therefore, that during the coming week, until
midnight July 27th, the price of shares will remain at 40 cents, hut that
thereafter the price will be advanced to par, 21.00 per share.
Wo make the further reservation, however, that Jn the evept that
the work of drilling this second well, to the main oil deposit progresses
more rapidly than wo anticipate and the main oil deposit Is encountered
before July 27th, we will, without notice, either advance the price of
shares or withdraw all stock from the market.
Yonr opportunity of joining with us In the development of this great
Georgia oil field and of reaping the enormous profits that will result from
It Is, therefore, very limited. You may have until July 27th to purchase
eheres at 40 cents—your opportunity may bo limited to the next two or
three days.
We would advise all w;lio wish to purchase these shares at the present
low price to get their orders In at once, as all orders will be filled In the
order In which they are received up to the hour when the price sdvancos
or the stock Is withdrawn from the market.
Convincing Indications of Oil
Attention was first called to the possibilities of opening up a great oil
field In eastern Georgia by the finding of scums of crude petroleum float
ing on the surface of various springs in tho vicinity of Louisville, Jeffer
son county. It was noticed that this oil como Into these springs In a
constant flow and it was readily seen that It would be but natural to
suppose that where that oil came from there would be more of It
The aid of geologists and chemists was enlisted, the former pro
nouncing all tho geological conditions for finding oil In paying quantities
as being present, the latter pronouncing the crude oil from these springs
crude petroleum of high grade and very valuable If well could bo Bunk to
the main deposits and the oil be secured in quantities. Various oil experts
were called In and one and all pronounced the outlook as very bright from
a practical oil man's standpoint. As Mr. Arthur Mandell, one of the best
known oil experts of the country, stated: "The Indications you have for
oil are much moro pronounced than In many of the oil fields of the
IlOr'h."
Leases on over 12,000 acres of land were taken and The Georgia Pe
troleum Company yras organized to raise capital for tho drilling of oil
wells to such a depth as might prove necessary to tap the main oil de
posit and secure this oil In Immense quantities. Many of the leading bust
neas men In the state at once became Interested In the company, realising
that the development of an oil field In Georgia not only meant Immense
returns on the capital they Invested to the stock, but also greater prosper
ity for the entire state than anything else that had ever been done.
A Hoard of Directors was chosen from among those business men with
an idea of giving the company the best possible management and mate
rials were bongbt and the first Georgia oil well was commenced. This
well was drilled to o depth of *00 feet, where a splendid showing of nat
ural gas and crude petroleum was encountered. But with this oil and
gas there was found inch an enormous rock pressure, apparently com
ing from the oil stratum below, that It was found to bo Impossible to con
tinue drilling with tho tools that were then on the properties, and It was
deemed beet to secure a completely different outfit of machinery such as Is
used In the great Texas oil fields.
A carload of Texas rotary drilling machinery was therefore secured
and a second well started. It'was thought beet to start tho drilling of
the second well at once rather than take the time to complete the first
well at that time. This second well has been drilled very rapidly and
Is now very near completion.
In drilling these two wells several very Important things have been
developed. First In Importance comes the finding of oil In considerable
quantities. Second, the finding of natural gas, tho Invariable companion
ot olL Third, the establishment of the fact that the strata lie horizontally
beneath our properties, it being necessary that they be found In this shape
in order that oil may he found In large quantities. And next, but by no
means less Important, Is the fact that all Texas oil men to whom wo have
submitted our conditions tell us that they are exactly like the conditions
found Jn drilling the biggest gushers In Texas.
INCORPORATED UNDER THE LAWS OF
ARIZONA.
CAPITAL STOCK—500,000 SHARES.
PAR VALUE, $1.00 EACH.
Forever Full-Paid and Non-Aateiaable.
TREASURY 8T0CK—300,000 SHARES
BOARD OF DIRECTORS!
W. W. WILLIAM SON, Savannah.
President Chamber of Commerce.
WRIGHT HUNTER, President Cotton Ex., Savannah
L. R. FARMER, Secretary and Treasurer, Louiavllle, Ga
Caahier Bank of Loulavlllo.
WILLIAM F. LITTLE, Vico President, Louiovillo, Ga.
Of The Little & Clark Co.
JOHN R. PHILLIPS, Louisville, Ga.
Of Phillipt A Phillips, Attorneys.
HORACE E. FRAME, Savannah.
OTTO O. TAGUE, Preaidant, Savannah
Oil Operator sf Ohio and Pennsylvania.
E. B. HOOK, Editor Herald, Augusta.
Date.
.1*07.
OTTO G. TAGUE, Proa.
1001-2 National Bldg.,
8avannah, Ga.
L the undersigned, hereby subscribe for
shares of tht Capital Stock of THE GEORGIA PETROLEUM COMPANY at 40 cents per share of the par value
of Ono Dollar per (hare, full paid and non-asteatable, amounting to
Dollars, which sum I Inclose herewith.
Name
Our local representative,
Mr. R. O. Foard, 400 Austell
Bldg., will bs glad to call to see
you on receipt of request
Street Addreea.
City and State.
An Oil Field in Sight
Wo believe that all these-things can mean but one thing and that the
development of an Immense oil field In Georgia In the next weok. We
believe that today practloally all the speculation has been removed from
this stock—that It la worth all* that Is now asked for it and more. We
feel that today about the only epeculation In It Is confined to the ques
tion of how great a flow of oil we will secure from the lower deposit and
how high the value of the stock will climb as a result Will, wo get a
well with a dally capacity ot 100 barrels or wlil we open np a,gushor and
secure a flow of 25,000 barrels dally? Those are the questions yet to be
determined. The famous Lucas gusher of Texas flowed at the rats ot
90,000 barrels of oil per day—700,000 barrels In nine days—and tho Texas
oil Is worth 90 cents per barrel. Every feature of tho wolls we.havo drilled
on our properties coincides almost exactly with the Lucas gusher—oil In
small quantities In both Georgia and Texas-at about 800 feet-and tho geo
logical strata found to bo almost Identical.
With a well producing the precious petroleum at the ratetof 100 bar
rels per day on our enormous properties our shares would have an Imme
diate value of from *5 to *10 each. With a 26,000 or 90,000 barrel well on
our 12,000 acres of property every share would be worth from, *50 to *200.
At any rate we now have every posatblo assurance that wo will get oil
In some quantities and that the stock will never bo worth, loss than Its
present price. In fact some of the leading oil men who have recently
been on our properties think that wo can secure from 60<to 100 barrels
per day of oU from this first oil bearing stratum.
40 Cents Now. $ 1 in a Few Days
This Is the last call. You now havo the opportunity of a llfotlme to
buy at 40 cents a stock that apparently la worth all of tbattand may be
worth 160—1100—1200 a shore Inside of tho noxt week.
All orders recelvod until July 27th st midnight will bo* filled In the
order In which they are received at 40 cents per share, providing that the
mala oil deposit Is not cnoountered before that date. After midnight July-
27th the stock will cost you at least *1.00 per share and no •telling how
much moro.
Speculative? < Yes, as explained above, tho stock Is speculative. But
you nor anybody'else ever made large returns on anything In your* life
without speculating. If you buy a non-spcculatlvo stock you will gat'8 to
0 per cent returns. If you buy this stock at *40 conts you havo on. excel
lent chanco of.seeing It climb In value In tho next fow days to such a
price that you can get hundreds, yes, thousands per cent-returns. Life
Itself Is a speculation and everything concerned therein. Tbo Immense
fortunes of this country were not made by bard work and toll nor were
they made In buying stocks that net 6 per cent returns. They werounade
by speculating In just such a stock as wo aro now offering.
You havo tbo advantage of knowing that-tbe business men at the head
of this company will give tho company an honest management They
are your friends, neighbors and business acquaintances. They havo thou
sands of dollars Invested In this stock. They believe In It They recom
mend It to you.
Your Last Chance
When wo announced that our shares would advanco from 25 conts to
40 cents many who desired to secure the stock at tho old prlco waited until
the last mlnuto before sanding In their orders, with the result that when
tho tlmo came to advance the price we had orders for over 17,000 shares
which we could not fill. The result was that many who desired to secure
the stock at the lowest price were compelled to pay 40 cents for 1^
We have no doubt that the same condition will prevail In tho present
case. Many will put off ordering until the last moment and will then be
glad to pay $1 per share whilst they could by exercising a little more
promptness secure the stock at 40 cents. Do not delay-order all you
want at once. Telegraph yonr orders and we will reserve tho stock pend
ing the receipt of your remittance.
$600 will purchase 1250 shares, par value $1250
400 will purchase 1000 ehares, par value 1000
300 will purchase 750 shares, par value 750
200 will purchase BOO shares, par value 600
100 will purchase 250 shares, par value 250
80 will purchase 200 shares, par value 200
60 will purchase 125 shares, par value 125
40 will purchase 100 (hares, par value 100
20 will purchase 60 ehares, par value 6Q
10 will purchaae 25 ehares, par value 26
No Orders Accepted for Lest Than 25 Shares.
FIRST COME—FIRST SERVED—WIRE RESERVATION
The Georgia Petroleum Company
1001-2 NATIONAL BUILDING, SAVANNAH, GEORGIA.