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California Consolidated Petroleum Company Stock Offer

A full-page investment advertisement touting a California oil company's stock offering — a vivid piece of turn-of-the-century boomtown finance hype, complete with named 'Orchard King' officers and promises of quick riches.

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Mesa Free Press · June 29, 1900 · Page 2

4 min read

Any corporation that has faith in itself and in its future, and that intends to advance the price of its stock, can well afford to thus protect its shareholders, for in protecting them it protects itself, for they are the company.

The California Consolidated Petroleum Company owns 10,000 acres of the cream of the oil between Oakland and San Diego.

It owns royalties on 5,000 acres leased to capitalists.

It owns 2,500,000 shares of stock in fifty selected companies.

The first to introduce hydraulic rotary drills in California. This machine has a record of 1200 feet in 30 hours.

We Divide Your Risks, and Multiply Your Profits.

The rich man buys stock in many oil companies to protect himself from loss in any one that may fail.

The poor man buys the stock of one company and takes his chances of success or failure.

California Consolidated Petroleum Company makes it possible for the poor man to protect himself as does the rich man, for a single share in the California Consolidated Petroleum Company represents an interest in fifty companies and an interest in 10,000 acres of oil land, and royalties on 5000 acres.

By giving you an interest in fifty companies, and these lands and royalties, we divide your risks and thus we multiply your profits.

California is richer in oil than it ever was in gold. Its annual output will soon exceed in value its annual gold product. Millions of dollars are being made in California oil. People owning a small block of oil stock have suddenly found themselves rich. As an instance of this the stock of the Home Oil Company which sold originally at a nominal figure made its owners over $8000 per share. An investment in this Company is at least safe, and it may mean ease and comfort for life.

The small stockholder is absolutely protected. He cannot be assessed or frozen out. The Company's stock is nonassessable and there is no stockholder's liability.

Stock is certain to go to $1 in 90 days and may go to $5 by January. He is lucky who gets the stock at fifty cents per share.

Why buy the stock of an oil company having limited resources when you can in one company invest in the entire oil field of California? Why do it? The California Consolidated Petroleum Company has men behind it of capital and high reputation. Their names are not only a guarantee of the honest handling of the money, but the success of the Company.

This company is not a trust. It is not connected directly or indirectly with the Standard Oil Company, all rumors to the contrary notwithstanding.

The stock of this Company can be bought for a short time at fifty cents per share, which is one-half of the par value. This offer will positively be withdrawn and stock advanced to $1 per share as soon as the block of Treasury Stock offered for sale has been sold.

Should the limited amount of stock offered at 50 cents per share be sold before receiving your application your money will be promptly returned. "First come, first served," is the company's policy in selling this stock.

Purchasers may engage stock at once by paying one-fourth of purchase price, 12 1/2 cents per share, and balance within sixty days from date of application. Not less than 10 shares sold. Prospectus and by-laws mailed on application.

Officers and Directors.

R. E. Blackburn, the President and General Manager of the California Consolidated Petroleum Company, has achieved success in the inauguration and management of large enterprises. He is known as California's "Orchard King."

Hon. Will A. Harris, the Company's Vice-President and Attorney, is a lawyer and orator of national reputation, and is acknowledged authority on mining laws.

Fred L. Johnson, Secretary, who, though largely interested in gold mining properties, will devote his time and executive abilities solely to the Company's interests.

Senator S. N. Androus, Treasurer, is one of Southern California's solid citizens who, deservedly, holds the confidence of the public. His good impress has been left upon the laws of this commonwealth.

G. W. Luce is the Assistant General Passenger Agent of the Southern Pacific Railroad Company, which responsible position he has held for many years to the satisfaction of that corporation and the public.

P. J. Beveridge, son of ex-Governor Beveridge of Illinois, is one of the most active of Los Angeles capitalists. The electric railway from this city, via Hollywood, to Santa Monica, is the latest monument to his enterprise.

J. M. Hale, one of the leading dry goods merchants of Los Angeles, is one of the four Hale brothers who own dry goods establishments in San Francisco, Sacramento, San Jose, Salinas, Petaluma, Los Angeles and New York.

Los Angeles National Bank, Depository. The directors' reference: Bradstreets, or any bank in California.

For Prospectus and Further Information Call On Local Agent or Address, Rooms 212-217 Laughlin Building, Los Angeles, California.

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