The Bourbon news. [volume], December 17, 1918, Page PAGE SEVEN, Image 7

About The Bourbon news. [volume] (Paris, Ky.) 1895-19??

Image provided by: University of Kentucky, Lexington, KY

                
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TUESDAY, DECEMBER 17, 1918.
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THE BOURBON NEWS, PAMS, KENTUCKY
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Producers, Transporters, Refiners, Marketers
McCombs Producing & Refining Co
INCORPORATED
An Established Producing and Refining Company
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APPROVED BY CAPITAL ISSUES COMMITTEE
"Passed by the Capital Issues Committee as not incompatible with the national interests bat
without approval of legality, validity, worth, or security." Opinion No. A 1966.
87 Producing Wells 17,000 Acres of Leases
1,000 Barrel Refinery 30 New Tank Cars
Alter Friday, December 20, 1918
STOCK ADVANCES TO
2. IS Per Share
Present Price $2.00 Per jShare
Par Value $1.00 Per Share
The money raised from the sale of this stock will continue to be used, as it has been used in the past, in the
development and expansion of the company's properties. Over $825,000.00 of capital raised from the sale of stock
has been invested in properties and equipment in the twelve months of the company's existence. . Its outstanding
position today as the leader among the independent oil companies operating in Kentucky may be ascribed: to fol
lowing this-policy of expansion. Besults accomplished to, date are but a forerunner, of those which may be ex
pected to ensue from the further development of the company's concededly valuable holdings, and expansion in
the field of its operations through increasing the size of its refining plant, now 'operating, and the purchase of ad
ditional producing properties. In view of progres-to date ''MeCbmbs" stock at $23)0 per share is an extremely
attractive investment opportunity with the probabilities of unlimited enhancement in value.
Dividends 24 Per Annum
Wells No. 85, 86 and 87 completed. 250 barrel well, Har
gis No. 4, drilled and shot, good for 250 barrels; No. 5 and
6 now drilling; 100 barrel well, Adams, No. 15, just com
pleted, at 100 barrels daily; 75-barrel well, Adams No. 14,
drilled and shot, good for 75 barrels; Wells No. 4, 5, 6 and 7, Butcher lease, No. 16, 17,
- 18 and 19 Adams, Lease, will be completed within the next ten days.
12 DRILLING RIGS NOW OPERATING
Full information on request
1009 Inter-Southern Building
LOUISVILLE, KENTUCKY
Orders will be received by telegraph or telephone at our expense up to midnight, Friday,
December 20, 1918, at $2.00 per share.
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limM D Hedrick. Representative of the McCombs Producing and Refining Co., at 418 Main Street, Paris, Ky.
James-U, Hmf&-a wa be g,ad tp eiplain MJCombs Propo$ition.
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