Lot 185 of 435:
Selling stock for Kansas oil wells in booming 1920's  

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Lot closed - unsold
Estimate:
$300 - $500

Title:
Several items related to a scheme to sell stock in a Kansas oil company in 1920
Author:
Place:
Buffalo, NY
Publisher:
Date:
1920
Description:

Includes a prospectus with map, a letter to an investor, and unused form for ma\king payment for purchasing stock, a fake-looking telegraph about drilling success, and the envelope in which the items were sent.

As the 1920's began to boom, such stock schemes abounded. It may even be postulated that the genuine success of the Abilene, Texas oil discovery was being used to sell a somewhat nebulous field in the more familiar Abilene, Kansas.

Includes:

  • Folding description/prospectus of "Glidden-Jackson Oil Syndicate 'A' controlling 1000 acres of leases in the Abilene oil field... Millions being spent to locate Oil Pools..." With 1 illustration from photograph, 2 maps, reproduced clippings from newspapers, etc. Overall (unfolded) size 31.8x48 cm. Issued by Hawkins & Company, Buffalo, printed by The Map Specialty Co., Toronto. 
  • 3-page letter from Hawkins & Co. ("Stocks and Bonds - Selective Investments") to George E. Torrey, in Rockland, Me., advising him of the rock-solid prospects of the Glidden-Jackson Oil Syndicate "A", "I very seldom advise my clients to purchase any kind of oil securities, but in this proposition I believe that every investor will... make at least 100% profit." With rubberstamp signature of G.L. Hawkins. June 26, 1920.
  • Order form for the purchase of stock, unused.
  • A rather fake-looking telegram to Hawker & Co. advising that "still have showing of oil under reaming at Long Well preparatory to setting casing and drilling into sand structure formation..." Dated June 18.
  • Envelope used to send this material.
Lot Amendments
Condition:
Very good or better condition.
 
Item number:
291041
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