Red Feather Oil Co. - Stock Certificate
Inv# OS1074 Stock
Stock printed by Goes. Great! Rare! So Unusual!
In COW SPRINGS ANTICLINE. West of D-Cross Mountain, the Mesaverde formation and underlying Mancos beds are folded and cut by several strike faults. Near the western border of the area a single anticlinal fold is present. This fold, known as the Cow Springs anticline, has its crest in secs. 30 and 31, T.4 N., R. 9 W., where, due to the folding, a small area of Mancos shale is exposed along Miguel Creek Canyon near Cow Springs. The area is exceedingly roughand almost impassable. The axis of the fold trendsroughly north-south. In 1925-26, the Red Feather Oil Co. drilled a test well in the southeast corner NE¼sec. 30, T. 4 N., R. 9 W., which test was abandoned at 1,330 feet. A show of oil at 1,000 feet in what was supposed to have been the Dakota sandstone was reported. From the book OIL AND GAS RESOURCES OF NEW MEXICO dated 1933
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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