The Mount Joy bulletin. (Mount Joy, Penn'a.) 1912-1974, September 29, 1920, Image 9

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ANNOUNCING the First Offering of Stock in a Producing Company
Buffalo Oil & Gas Company, Inc.
HOME OFFICE: 606-607 Erie County Bank Building, BUFFALO, N. Y. Ll ah
My Dear Bridges:


Authorized Capitalization $500,000
Par Value $1.00 per Share
ALL COMMON STOCK
Incorporated Under the Laws
of the State of Delaware

DIRECTORS
1. F. PEIRSEL, Brownaville, Pa. R. C. SPOHN, Buffalo, N. Y
Banker and Capitalist, formerly President Keystone Rural Press Inc.
member of Pennsylvania Geological Gen. Mgr. Rural Press Association
Survey Department.
I just returned from Zanesville, after having drilled in Dozer No. 4. We did not shoot the well
as was suggeste r conversation when on the property but it showed up better than the two
wells North drilled by the Blue Rock. We will tube the well and have it on the power just as soon
as we can get the work completed. This makes the Dozer farm look very good.
The BUFFALO OIL & GAS COMPANY, Inc., in offering their Treasury Stock to the Public for
first time, are presenting a rare opportunity, indeed, to those who have longed for such an oppor-
tunity to invest in a security that is safe and sound and at the same time with almost unlimited
in a Company of this kind? A
g the Public for a dollar.
OFFICERS
The Swingle well Ea sels broke was drilled in a few days
ago and is making twe M e the day 1 was on our Dozer
lease and he v n c over the pros f securing 2 1 of oil in that territory
t th
M. O. BRIDGES, Philadelphia, Pa. They made a at day we were on the
D. J. O'NEIL, Buffalo, N. Y. Gen. Mgr. Keystone Rural Press Inc lone a se 2nd ings ou
M plans. ill b the eg! s here today I t The Photographe h as ng the work
ember of the well known Law For five years with Standard Oil Co. went Wilk nd this delayed tf hing of the pieiures 1Wo
firm of, Donnelly, O'Neil & Lindsl
I. F. PEIRRSAL, President
possibilities. Have you ever had the opportuni HN, Vice-President
Company that has been developed toa dividen DGES, Treasurer
weeks 0 I can come up to Buffalo any day the first of next week or meet you and Mr.
Spohn in Pittsburg if you


This is Your Opportunit
32 Producing We
Being now a Producing Company of high
grade oil from thirty-two wells and owning
more than eight thousand (8000) acres o!

valuable
homa an
Dividends Payable
Dividends of one per cent will be paid on
the 15th of each and every month on ali
stock of ri
ceeding
Management
The Company is extremely fortunate in
having e very conservative management.
Owing to the very latest and modern
equipment installed, the daily production
from the 32 producing wells is under the
care of one very capable man at a cost to
the Company of $185.00 per month.
Mr. J. C. Sutherland, of Washington, Pa..
will personally supervise and direct all fleld
operations. Mr. Sutherland enjoys an envi-
able reputation as one of the most success-
ful oil operators in the State of Pennsyl-
vania. The Company considers the service
of Mr. Sutherland as one of its most valu-
able assets and predicts that he will great-
ly increase the production of oil on its
valuable leases.
Property and Production
The Company owns 3200 acres in a proven
field in Ohio on which it now has 32 produe-
ing wells.
In addition to this propen property the
Company owns over 5000 acres of valuable
leases in Pennsylvania, Oklahoma and Tenn-
essee.
Practically all of this property is in what
is known as a shallow fleld where the cost
of drilling a well averages from $2000 to
$3000 with a very small percentage of dry
holes. ,
A conservative estimate of the Company's
assets exceeds its capitalization.
Purpose of this Issue
On account of the extremely high price
received for the Crude Oil now produced on
the property of the Company, the Board of
Directors, at a recent meeting, decided to
offer for sale a limited amount of the Com:
pany’s Treasury Stock at par $1.00 per share.
All monies received from the sale of this
Stock will be used for drilling new wells
on the property. The Company is well pre-
pared to take care of all production at the
smallest possible cost and to dispose of same
at highest market prices as their crude oil
is taken direct from their tanks by a Pipe
Line Company that has its pump statiors
located on the property of the Buffalo Oil
& Gas Company, Inc.
It is the intention of the Company to drill
from 40 to 650 new wells within the next
year which should with the added produc.
tion make this stock worth many times par.
No Stock has ever been offered for sale in
this Company before.
Earnings and Dividends
The revenue derived at the present time
from the sale of Crued Oil from the Com
pany’s 32 producing wells warrants a one
per cent monthly dividend, which will be
paid on the 15th of each month on stock
of record prior to the 30th of the preceeding
month,
With added production from wells now
drilling and others to be drilled we are rea-
sonably sure that extra dividends will b+
paid during the ensuing year.
For further particulars write Home office.

606-607 Erie County Bank Bldg,
BUFFALO OIL & GAS COMPANY, Inc,
Buffalo, N. Y.
IL, Secretary
LEY, Asst. Sec. & Treas.
R. M. POLLEY, Buffalo, N. Y.
Graduate, Yale.
Mechanical Engineer.
. C. SUTHERLAND, Washington, Pa.
Oil operator of enviable reputation.
For number of years Recorder of
Deeds of Washington County, Pa.

We should have on on the property at once. Let me hear from you
d bave arrived home in good shape
J. C. SUTHERLAND.

yo
a

Gentlemen: Kindly enter my subscription for ..........ce0evennn.
shares of treasury stock of the Buffalo Oil & Gas Company, Inc. in pay-
ment for which I enclose herewith $............4....., being payment in
full for said stock at par value, $1.00.


(No subscription accepted for less than 100 shares)



SOME OF THE EQUIPMENT OWNED