WEDNESDAY, DECEMBER 10, 1919 THE DAILY BRITISH WHIG: r PEACE RIVER (From an Actual Photograph) ind Oil Experts Investigations, report that WORLD'S GREATEST Of over the world, who they believe and LL. RESERVOIR Here 18.your opport unity to share in this wonderful wealth possibilit ¥. 'What Eminent Geologists and Oil - SIR GEORGE DAWSON Acknowledged one of the world's foremost Geolo- gists. : 1887-1888 Sir George Dawson submitted to a seledt committee of the Canadian Senate a report on the oil possibilities in the Peace River valley and the Mackenzie Basin, This report sets out the possibility of 4 large ac- cumulation of oil between the Smoky River Junction and White Mud River, which intersects the Peace River about 30 miles below Peace River Town. _ Since that date a score of prominent geologists have visited this field and every oné has endorsed Dr. Daw- son's opinion. Eight wells have been drilled in this very district. 4 Every one has discovered oil, proving beyond ques- tion that the geologists' opinion was correct. MR. JOS. OWEN JAMES Geologist, London, England Th 1814 Mr. James, act ing on behalf of the British Government, stated that "the junction of tie Big and Smoky rivers was ona of the finest prospects for oll he has ever seen in this or any other country." Mr. James' réport on the Reno Articline, which cross- es the Big Smoky and the Peace River, and tHe forma- tion below Tar Island shows prospects of large accumu- lations of oil, , Peace River Petroleums, Limited, now comdol 25,000 acres in this section. Experts Say PROF. 'R. D. McLAREN University of Saskatche- wan. Reports that the asphal- tic outcroppings in North- ern Alberta, especially in the Peace and Athabasca eountry, are greater in Quantity than all other as- phaltic showings in the world. The showings are 80 tremendous that there must be enormous oil pools underneath. It is estimat- ed that there is sufficient oil In the sands of Alberta to supply the world's de- mands for 300 yoars. Prof. McLaren, over his own signature in the Sas- katoon Star, Practically de- manded the Government of Canada to make the great- est effort possible to locate all ofl pools fn Northern Alberta: so that Canada could have her own ofl supplies gent In the 2 v MR. A. M. SLACK Manager Peace River. Oil Company, récently stated that he is convinced the structure at reace River is favorable for big oll pro- duction, which will be ge- cured when the drills reach the lower formation, which confirma what othér ofl ex- perts, and geolog'sts have repeatadly stated. Mr, Black, who is at pre- Bast, purchus- ing machinery and equip- ment for further drilling «of the wells of 'he Peace River, OR Company, fs a well knewn oll expert of, wide experience, He has done considerable drilling work in Borneo, Egypt, Call- fornia and Canada, and 1s considered an authority on oil-structure. Koyal Commission Investigates The Royal Commissions, which investigated the nat ural reso the Peace River District, that it "Evidently was one of the the earth, and that on the North American Continent there is flelds." To The Canadian Public irces of the British Empire, said, in reference to largest oil bearing countries yet unesplored on the face of no other part which ever ga J Ye such evidence of rich oil During the four years I spent in the PeaceRiver country I watched the oil development in all its stages. Bight wells have already been drilled in and near Peace River Town. in 'wil--not one well has been drilled dry. Pay O11 has been discovered in at least five of the wells drilled, a record s 1 new oll fleld on this continent. Every well has brought eldom attained in any That oil would be discovered in Peace River was predicted by Sir George Dawson, ada's most eminent geologist, over thirty years ago. During the past five years best known geologists and oil experts have visited Peace River, a science endorsed the prophecy of Sir Geor A valuable by gasoline is extracted. into the gas stratum. Every man who has visited the wells at Peace River kno saen it; but the wealth of the earth, be it gold, silver or oil, is of spent for its development. I beilaved the geologists and oil experts of t Into the oll saade at Peace River the BIG OIL POOL would be discovered. Because of this belle? and my personal kno wledge of the ac ws that ofl is there, because he has no value unless money is efficiently his continent when they said that by drilling deeper tual discovery of ofl In ths wells asia at Peace River I feel I am BCHINE In the bést interests of Canada when 1 recommend the Cana- dian people to join with Peace River Petroleums, Limited, and help to s oil for our industries. ¥ haat (B) The following information is Eiven to meet the requirements of the Ontario Companies Anti-~The qualif~ cation of a director is the boN- Ing of one share. The by-laws contain the following provisions: "The directors shall be! paid. out Front Street Sydney Charles Street eas of the funds of the Company by EL cals, v1 Tonge Biren) Way of remuneration for their Services such sums 8s the share. holdets In. anneal or 1 gon. eral mesting may from time detormine, and yen remuneration ghall be devided among them in suex pro. portion as the directors themselves may determine, and also the sum of. $10.00 for each nesting attended, and shail alse, in addition thereto be paid > (after approval of the sceount by the bokrd of Qlrectors) all out of pocket disbursements actually ana proveriy incurred by them in connection with the affairs of the Company, including Any travelling and hotel expenses in. curred In attending meetings of direc tars or she ers. If any director, being willing, shall be called upon to perform extra services or to make any .. Wpeclal exertions Ju going or residing | @broad or otherwise for any of ihe | Purposes of the Company, the Company shall remunendte the director so doing, & fixed sum or hy a per. bane his tario; Hay stree Toronto, Ontario. application and © which s the by-ia ahd" hoo 'tre n but th be sithe: ronto, Ontario; George t. onto, i Rowiatt, 26 "Adelaide Street Toronto, Ontario: J. A. Tazett, 3% Wright Avenue, W.C.Goffatt STATUTORY INFORMATION, (¢} The names, descriptions and ad- dresses of the directors are: .William Bradshaw, 35 Wellington Street west, Torante, Ontario; John Hallam, 111 Brasier, 0, Ontario; 3 Adam , Torons . Mitchell, $3 Wel- Toronto, Ontario; Thompson, To- R. Cohen, 9 Omario; F. A, (4) The minimum subseription is five shares, and the mmount payable on n allotment on each Saare is the full amount of the price wt \ share is issued. ecure the big production of emt ' Sunt fate underwriting of any se- Asued or he be issued by "the y @ - & oom Rehty-fve 416,000.00, pany. (k) Pr r hots i res, del © r to any - Bh Sets ot I an iD. (1) The ve tered ot n J. M. n , dated November 1p, ween W. C. Goftatt y dated Novem- fhe above eo ~ pected mt kere, 2 have made careful and thorough state "With ful] will be found there, ' ie ot dou. + - tt tent au-. SF Beer been strisek in two. wells on the Company's proper- will be d=flled deeper to the confidence that THE Let Canada's Wealth be Enjoyed : By the Canadian People Here is an opportunity for Canadians to invest in Peace River Petroleums Limited. a Canadian Corporation, controlled by successful Canadian business men, who intend in all sin- cerity and earnestness, to develop the marvellous oil fields in Peace River, The Corporation, as will be seen by this ammouncement, controls over 48,000 acres of the best oil lands in ~ This Vast and New Oil Field The names of the directors, all of whom are well known Canadian business 'men, are alone a guarantee that development work will be aggressively proceeded with, and the funds of the Company expended with economy and wise judgment. . In the past the cream of Canada's mineral resources have been. exploited by foreign capital, but here we have a gemiine Canadian enterprise which deserves, and should have, the support of every Canadian who is interested in the development of Canada's vast oil re- sources. ' There is no gainsaying the fact that of] is there, the rock formation of the country, the abundance aural ations lead to the Jogical conclusion that deep in the lower Surpass all discoveries of oil in the past. for Canadian people. England, one of the 0ld est and most reliable financial papers in Great Britain, in a recent, article practically demanded that the public are entitlsd to participate in the shares of off companies, and that shares should net be offered to a favored few. od } ¢ ed: recent issue of oil shares in England: ticipate in the financing of the project, they have reonal clients and friends, and to ignore the great not hel would have been fairer to Undertakings of nafion- ed few, but should Here Is an extract fram thelr editorial regarding a Instead of permitting the arranged to offer the shares f Investing publte outsid allow the Every investor, large or small, has &n opportunity to invest in Peace River Petroleums Limited--a project of national importance to Canada. . 1 Peace River Petroleums Limited (NO PERSONAL LIABILITY) General Offices: Sterling Trust Building, Toronto, Canada. Capital Authorized, $5,000,000, Divided into 5,000,000 Shares of par value $1.00 each. : Officers and Directors THOMAS A. MITOHELL of Denton, Mitchell & Duncan, Toronto, SIDNEY C. BRASIER of Wagner, Brasier & Co., Wholesale Fur Merchants, Toronto, THOMAS A. CAIN General Manager, Reo Sales, 14d, 'Toronto, ALLAN MoPHERSON PRESIDENT +OMN HALLAM President John Hallam Tj. Furs, Hides and Wool, Toronto. s ADAM ANDERSON WM. BRADSHAW i Importer & Manufacturers' Agent, ae TRANSFER AGENTS--The Trusts and Guarantes Co., Léd., Street, Toronto, Canada. FINANCIAL AGENTS---W, OC, Goftatt & Co., 10-12 King St. Kast, Toronto, : " . The Charter of Incorporation gives this Company power to control ofl lands snd operate oil-wells--build linéd--arsct and operate refineries--own and operate tank ears, rallways and steamboats--io produce mature! operate and supply municipalities with light, heat and DOW ar, alto to manufaot ne from asturel gas. .(Gasoline manufactured from the wet gas that comés from the wells at Peace River will become sn enormous o-producing asset to Peace River Petroleums Limited.) : ba oy also has power to operate and develop soul, fron and other valuable mineral deposits, The Company controls over 48,000 sores of whet abe considered to be the choicest and richest ofl lands in the Peace River District. i NO BONUS OR 'There have been dud will be no bonus or River work and legitimate expenses. A FAIR AND SQUARE SL DEAL IS ASSURED. WE OWN AND OFFER SHARES £% sould 'IN PEACE. RIVER PRTROLEUMS LDUTED AT Ma to puriaass CENTS FOR EACH ONE DOLLAR SHARE 0 Toe IuTShatt . CPUIly PAIS asd mon nasciablo). : ; ; : Please enter iy application far , River Patrolouma, romps Fhe an dhams (Sve). fully vad up : ek es i the amount in full. Have shares tor: EAN IRA As L at ras risa Ee 5 I J | 27. - W. C. GOFF ATI : ae 7 ADDRESS Saturn, Louies Brera _ Hx FAL AGRE rs. y A ? : § y x TOWN rae Arena ii Co Provises' SOE : 10-12 KING ST. B. TORONTO, CANADA © 7} Make cheques parable to W. C. GON ATY A GO, - 7