HomeMy WebLinkAboutCORD OIL COMPANY - 1950-01-16t
STATE O CAJ'JTFGl-Gr iA- �y
COWRY OF Da- 01 x]"31 �
On this ��'� 1 L5
day :�f
, � > before
me. , tz'ie undersigned I'llota y Pub), �� 3n Jlo-r- said County and
State, residing therein, euly
eomissionned and strorn
appeareti J,C sFtEER, knot',,rn to
zee to be the mayor, and J01117 L.
i+#.iziY ,i:CK.S13T.I�, known 4o b3ie Lo be
the City Clerk. o he City of
Huntington Beach, a liunlci.pal
Ca-<>oxation, de.scs ibed in sad that
executed the vIthin instrur :` nt
on tehnIf of said muiv cipal cor--
poration7 :ind ac:-nowle,*ged to
Tae that such municipal_ corporation
I;xecutA the same. ,
£1''"� :TgA ; Cr°,
hav,e hereainto Set my hand and
affixed my offici5J sea!, the
dam:_ end year a this certi llca- to
first above urritten.
in vnd or said
Na' sMcouniy
and 5tane.
� s 7
417 p k�;xer. j4kp, at IM
} ss
Can th
In sad* A r said Count r 11d state, p, rscn: lly �ppe:ired.
A. P. S3CO x I 1=,wrrn �o me 7,o be tl e Pros3dent, and E1U�J:Lrj D.
3'�."�'.sUHOFF, .' , a L :. tKs, Assistant Secretary of the
21t3.Ji) GC.E a �/ �'t s ,,.,
CORD OIL Ct;�.a?r�. �, �_1e Coyror^tiwt � <pat; executed the, wtrlr,
i-n.strumex�t, knoi� m to pie ,.o be�tii.e ? ers�sns tr��ca executed the
within, instrument on behalf of the Corrow=-ti :n herein named9
and acknowl edeed to = test su--h Cor crM. ti n executed he same..
IN ;,'fix TIM 'rH?,REC'F , I have lv,--r'unto se-, ny k: -nd and
affixed m ofi c ° l seal t lie d iy SE Xnd year first aa.. ov're. 47.+. �.�-'C+�r� ♦.
^iYvx'..Yr. I.6i.i.�n!K.: ?,
3t
4 iE
y +Tli ItJSJx�<� made Find_ executed in duplicat,4 this
d'a. of
'� ° -' , 195 by and, 'bet�ieen the
Cii`Y Or, TMT.k' L;—GTOIN 1-113J Cll, <: 'Cor,,'lorat1 cn, he-�-?:lnafter
referred to as "Cityll, ,nnd t-ho Oc iD �;T., CtO��'�'aiNP a T,evada Cor--
po.-ticil qualified to Icy b�isl ess in the of valifo^ria,
hey -e .rl8ftY-r refe:'rf-:,d t , as 110p#'rcttorll;
Y t
„2M-- Z143 .-a to 5 tie Qw ner 02 two William '�exard
Certific Ps E10. 2 Su; divisi;ris IT %nd 12, issuers under Ih
kct '.-f C ?re s of February IC,, ! sir; i { 1r, Stat . 349} , rr <i cis
entitle he olviner heraaf to select and :Locate e-�,nty (8
acres of nublic .'iarid more or ",iess rand
thi�ireex ssto aJ ror ' ..of pul,...w.c .�x.�.-And
1yint' 7Aith n and nduacent to the City (,�f liunti. gton e-.,ch
and ocea wa,c d t. c '+`�f olu ,��,- s¢ L, r,y, F,.,,y , ,f
�. �. % , k iV +... Ea C:�,i. �1 f7 �,=�'�.�.'t� �'� c.E ,..six'
Kt
to ent�N into this
u: or, c of
forth comae 4._ orc rie s`
A1,:. of t.'l' Ir=.. .F?,3,.A a•zu. �.i ':....n i=+:r<'' .'�" ': µ.:.t. 'i ,t'; >r #t Z.Yi
the City " Ql s: w>a�'• w:? var :fi I:tant;. w toY'3 'each,
MFy is <~ e
tyy ajrt,;in a r z covered by
znn, Ai."`�'epe!' nets enth',�',r-d .3 n"tyo on, a. i.�.�'� "�E �, �f d*'`J cft.1q'1�.y
.9 491 y and �` c tUFee ,,:-& l� tr411',�.sC 7,o,31.- x�r!��YT.B'a.f OP- P
J
°Ml.i w+Ny�..?�'.i�. uc. `t,y«� 3 .i.."z��, �aFiri:at
Xi4 the w k d�" t Y9xa.« .r'a4.Laty J'? :K*v a Y 1'ti=j
Cor:'ortn tt i0r:3 ,is ,'`'apC,;� nd, i`'l such other
.r .-
Provided, ho-we rer ,
xl � Y}:x`t ? *�ar*ti` Trf3" t:IILa
F
4,0,r*ement t;14,:t' cr:rta, n 1,,Ilid o<,;:;tR:,I "ryvthtn wiie pvx v.nt limits
or the City f *�'i�x+[rxt.;.+:i'1'rx oa des'6.'r:i.."OO d "" s; ,koJ.lo?^ st
'6
w�
Bebinn n-; 'w,�th the intersection of the south-
westerly extension of the center line rf Ninth
Street wit1h Llhe 1ine of ordiwAry h•i:gh t,id(� Wf
the Paeif ,i Ocean; the�.c�: sou ;h��e _ �v aj-o g,
said center line of spald NW II atreet as extended,
one mile thence southeasterly • nd r,arallel with
the ? ine "c-f ordinary tide . nd one mile 'distant
therefro.- to the P.a,3t0rlY c t V limits of the City
of Huntington Be:46it:kerwe nor hea z ;,r r-1 along
h`? 54?,4i'zt c 4 d Cie,
said line of ordir.a y ".' e ce nort--
ae,s ter ly alo.� .r said i ae of ord ii;_a ry hiIT_xI
2.,c„�.L: 4.t 2. ,i rw r?wi ti-.T' t .=T� G f t s i;s of Ten
t3 5 (<;�Jc',,.00) 4nd otter valuable r,,o sS.'1,deratio,i3 t "V� recei-Pa'
of
.P .n a t.er do np� led;gedi and in oiis rva rati 4tn Of the
ti'E iiS '.a: �r f' j-u� .x (:lXs�'ewi. !,s c`And +`..`o hdi ��"ins �i�r�?ir..;`t�r
ak c ti3w tli y s t r"zz. 1 »`.' 'ki f.C.";`sii a and, a �-rer d as fol loulsL
FLIM : Opera:, for will: y
(� } Ir�.A k S:3 wi� ,In &4 V 4 Z .ids J i -tiY 7 Li 4V � t✓
tr�•r�ri,� S�y.:� s.+,.=r the cm
d to
transfez" rlrl zs1-`n ww City 1%-O .. ti? ':? to i-;'.e such Other
i5 t.,r .ez or %inds
-s op- *e { .`.z ' +'' a'-.•i Y�t1 °C' � Xifw
*n d
osv+ ,<.jec f to iny-- ' i V i,.t�."1i .. 11. ,?. ...jn4 'Wx .� s iL M1 .4i� .y1. p
1.� iR all of' W}w.�I.. A.o:T.»'FJ+ o`"'rX L. +Fi u�;:.,��t.E �J'«irax .t '►.
Cates, jit%"t 4 i .:'" all :,I ;, cIr any p,i"t {ii ostrtlon
t`iereox as kierajnafter provided, :;rid assist the City i
ej,,hC+r o'.t ini. latent to t je 1,-Inds upon vrh tt,-h said(.
*yS�re joeate',a.y r obtai.4-
ini in oil, �,nd. 'gas Je Ase �"ro,�a he `, r i. d Mates �0V,- eat
F
C
t
upoli thE, I ICA'S {x*sira ou erscri ed rMio refe:rre, to, or
other ad _t;Lor4al lands surrou,iair. �:,r adjacent thereto
as may bethe subject of lease from the United States
Government.
r
rid} Proceed as soon !s it shall be po;isilrle and
practical with the �Jri3.ling, at its own cost and expense?
a f -Are, o4-1 t'raii or v,ells, epos: z.—iirto the lands covered by
uny scrip 1oca'WAor_ -.. ov :ed for herein oz :nited States
O: , _Y?`z •s.i S � 5 ?2" � w tY3r s"4ir " ty, at ,,r from
� such? Clcs t ? l max' 3 C1 u �sS a.{" i?Wt Y [ b sele:ate y {}pera to_r
.;-.{"' e d,yi"
r � wx.z.' }C'"a.' _ ?'�:`1� .'wa 'at :. a>-..s j:."n1 ncc, c��ilS, �i: ��.�?5� �`;S�i.
Vi+h
. ;jw-,'z' '1 , 'mind i.H. �i lvolr ♦n, - CVs=.ei4c+:.;n".i�.
W ^� w
�rocluc n walls.
<
lk% ij F*t' i.4 1 iw tl .1 6 ] 11 {d VJX kA " �VL edt 'A. pro—
'r y Op,, i t c s 2J.kVvided in S-ab-
di -vision, {ti*cc ai TIE tD to i 6,�^� i7'r', .. T" I- -
1 i � }a w..7. e � .:! s�»�..wti..� tl �' �''ii.u.t`.aed
fron-, , .'vent y oil,
i3 on :;taX3ces
or
45.�" 9w U J. j':d 41-1 .✓ «2 t,i 4+.it referred
or, he ': {'i��wE:ta:r �:i! �°"G�xe`y n � :c� �s il�t EiF?i��t9 o �.!e L e CAI"'
I spos tiofi `f iL Prf,' }y 11 awb .S ## ��'C S� 3si�ti'•"-3 '"'"a* t C3 ?.1 .
ek 8 CjY a y tor ; y. r Y,. 'Wr e, I au,n .., a.+ c'.A �.+..p r• J r'.
pftx '..,. , . a.t, ... �" J ,ter 3t
17ffice?'s L, l: ,1z, € rid fr w,'s any toias, cost ti C.-r 0,.ct.tage
= i, aa:r ' i , ux.''�!":" a` { 'F =1' i 3" u A T z `;zr iA::i s IT this
x�w;r e ert r.d, camp: any will Jeff,?4d wlth da$,:� diligence any
4
includi
ng iC}: pit nCt 111 :.:tm�t;.;.ticn%7it-:'r.".'fix j any :;tc..i:?ii 1.i1.' s:.$4,t
either �.i"a or "R 2 t y' G d {*Li I2z x City ::in } erc.tur y
eitrer jointly or sevoraJly. Opr,,.rstor`may 'irst:.tute and
prosecute to flaal judgm rat at d is election expense a
any and all a t ides or su .t s , eitherin le`'cor in euI tyy i
:,.., ' i..wa"�'' x�;ri.a.k` of_` Lt ... i, J� �,. ,,.r ,;,,_. ;r Yr�� $y�:, >x'...:.: .,A „�.e �,'r ,. i" r eire{], xis lxile
op.2I is of` " t'rator to protect heSE"
r.,
ivii:€`sirt tpn (110 dza` s aft4r r-`ce'.vin. 4ot,.i.4�`ication
l()M Greri'tt7,"'.5 ca,,15r. S"si d Cartific �f-'s of '13p ar" scrip OS`
G ,��vY i1"'.Lx�'?." scripi, {. i).wg;..tr n.,or4ions
of t,'-Ie lands tl::.e subject ., zt tier »:,f t_:i s t'; ,ro ?n as sh'a l
ereaft-r be selected designated by C.porator, *nd there
of ter uit-, ;.. 1 cooverato fu k r lux r se uti. said "location
0; locfzlj:,nnz j r.n d 1:4 rrose"au";.' IL" A d ne "�ii�� for in
oil; 7sn"I,, : tsi: ,"ies 3,1 rimrtca on the
Dand s to in S i$b. ,,, : 'v i s it n R "- : f h,--, 0f , and
upon rcei .! ';,.. w 7ivai c.,., s,_ r.. �''� 1r. :4 e,.. fron :Lhi.:4+,.4ted
844ttates of ttme cC % to 'uy o m'K"+ I y e--. ?cute fir;,.; s-=e .
C*a Li the clre-rit lea6shill executed by the
Un--11,�ed States 1i '�.��'1�4i "fi tkx �: �?;�Xt �� ,r���w:X'� ;. Tny lzi..nd upon.
Certifi.c µ.es or and- of tire.>. shwa'.. be v.titAI%dr--Iwn from filing
T,=its: he I led. `,,Itat�qs of Amv�r;aa oar miitual of-rre rnnent of
the artias ! arcto, or in the ev(mt the IIin,i:, and location
of s yid scrip r azy serIp should be fi�eiilly rejected ,yt the
�it d a of Amterica., t erl in 'a,nyr t: saxd events said
Cvrt`lfic^:tes or any of t ,Pm, s hz?D, be prouptly tr-ansferred
and re-assx ned b,Y Cjty to Operator, �.rd all orI7P y: rid
e`f'ALA."v.4Lwti..«. of 4.i,L 4+ k ttached 1-v-�;kAo sl,-,a l �'1,%4+. .4��'�,Wi:s�3-✓verod
to
,.) AvthoriL'ei nd City !s h rr=J 7%?::{7i?Z "r
g'ator
to dr ;ll a .'.t l or wells ftr: `ac,-ro-luction of oil gas
lapon, any L-in,Ct?v'?re,—:' by scrip loc—,-7t =ft)ns, , nd -in, the event
of an exociltion of .nn o1 ,.nd ;,%s lease by the United States
of America to Citys to then also drill u.pon or into : uela
o ttios w of l:. r, so rm asc'dl to City ns Op-r:ztox shall
is . : ut,norizel to construct any --'nd all. necessary Jnrlcs,
s truotures :° nd a.mprovem}snts A m;;y be necesssr�y, required,
or c,on''pn F : t �o car.y or. ;�'' %:3� aid t ofiu'tiort o ?X`::ition.S
i1t? re =dP,' q i d { 4c#.. by "'r sn It.to 0 p.H rator aIiy and
el O'ase-men s ':n, ri tt t_o Onay as ^,"uy be nececswiry, and to
USr� sue', nt.-eetsj oth,�- p,-Qpexty belong—
r-c" , ��rr r' iF.3�Y yy�� a;.yr k �e y- a e�sz,;ry � v:m7, ed. , f r corivp-aient
tw iJw %. yy. aii`.Za bi. if. 1a �+.±4�4a «y,, k :1 4.* .4
tile, ':tip ll-j t;mnel YEN of but without
af?'rt'?s" s to `Jo everytuzin- to :I`is;11m1Ze `i.Cjr int er -
f r nco
Sub, ecu to is! t�i > -reo'j tc ell to
Op�,ra.tor all royalty oil y ' t .iron - ourc at
Lhr- Ac� of Standard 0i
Comp.s m, of C-7-='0z-n4,,,,10 slx«:E' i ix�.i2�' �F;� 4T'!kior. Oil Compawy,
The 'Tex S 0,0 - ,. V•1c
. y+1 i;l..y' A �.'l :S R.+'c ,iaised Oil. Ild
ad aoent to the ls.ngs no ere i 'by tAai s .a r� � r�`r3t for oil
of ;� 12,e :}j ;d, i-!ra i.t y, ,.;ual.i,ty, r d/car content the day the
oil .a, ru-n LAO tile 1 l ,. oz- '"•;kir k? ;e
t'aa cu.-ItIotaary cor ecti-I ns deductions for temjpt�rat3are, x.
conw4ni.es aforem�x tioned. shy 11 l h- ve ;li ferent nosted market
nr:.fes fcr s:-id or s'.jocei3t tbif'reto cash 9 ttlement
0 the oil. ro. al.t � here-,ande shall � � based on the hi zhest,
of such prices. it the ev�nt there shall tP no pasted
price .v the aforesaid o;' comp =rigs or Operator is un,,ble
to s�:l? the oil, t aay hosted trice, cash settl;�-hent, shall
be based cn t-,4 Mlt 7cp ;, r,a.? .: for re ,g-i os for s% d oil. No
royalty shall be on coil used by Op r for for operations
here-ander .
':11 D : >"a s «Ax , s-ore n x� :Fs z: k'' p�3.2��'fx �i: � e `,2 � shall he
co-gstr,, ,d in d~Trt As a --4II, _l, r w. iiim- .went h
ar; between 011ty nc' Opor :tor, -rid 't ..z mitual"y agreed
Gerard Oertific8tes�<rtl Oth4nr OIrt f!c-vtCs as it' may elect
to provide, ,",nd 3ear ,,<! I-1,1s. o '-a.,. 6'1 perl s s t:nd cost men-*
boned in this A?reermentj Orer,otor shalt', be the sole -nd
exclusive irilll 7 conl.T-;actor -T C4, ty r': d, OPF: raf: "r is
hereb:,r fwiver -nd shall ,;ve the exclusive i if; h,t ind privilege
to .rill, for, produee7 "traat, g-nd remove oil,, gas, °`,nd other
hydrocarbon substanresf In MJ fro.x �he lands herein ,referred
to, nad alla2.i :,'ve hv° i»'+a {"'l$,.eow 4;ve rJt;#3}',�i t•:'"s F?n`s, , zz�c�2� tha
lams as herein provided for w2c)'fi purpos,-s ., Cp,5�rator
srhaZIL h-lve th,: r' h4 to retain ris its, interes" all of
the
�'!�.'�.eLA%�'ction fa�!'ow wd�i %... wells �.'.7.i.Led b kt�il�r4 itiora by
:Jy r3yts ± tt3,Yr rid Two -Thirds
percea , (16-2/FS) of "Pr r- t r it-4 e t f r,Iined
s t)rov. ided it,* t D1 o S h C,. S hereof of
al.'L of tx4e Production ^roduced and sold from any c nll
bottomed r-Ahln the boundarl,,-�;� of any patented scrap
is zs e:iw aates
+ ems 3.Y3.. .
() By oYwya- to ^-.tlr 1 6 percent (�,�� of the
r at price detiirninex s s ;-rove +ed in Subdivision,
(Y) of tS74C -.ID he-,rC.''of of t.'rof-b,iction r3"otiuc'ed from
Tt r well ,-ottor�s�3 �r.:t:�_`;z ��,�e boa.•i�aries of any lease
obtw fi t'`ed fro1,.� ' e Uri _.: t ar LUG t 2 r a Lu Ct VvS" 2A
.set r{.}�r -n " nd i3+' subject of phi s
tt r-N,-.:teT"t �t.q`lira .(aal�. c •»c tc C i t cr ct.0°ih�7.e Uited
st"' ess o 1's?��ri� as nia-,r csw�:"eed t.ae tgourtt of
more cwc zwn ry to P%- .11,E royalt,z proviIP—d for in any
sur. -i, Lf: se..or, tl�e i,�rwiuitlon AO-oLa wells drilled 'by.
Op..r ll:or on or wkwe.?»` I%i. "
All be =Irle Oa or btzfore
the 1 th �; �'" OJ, t�x��*L4 N2:,{: a; ftDmY 'heat3'�'ceC�77�" �tCt k?iA4��: month.
Ngtih7n^, her { 1 }iu :.. ,`"a1aall pe,t`.mit or ¥Ci��CiLj
Operator to use R:17 ac r p "Ir lands s drill in>
site for the dryll ixa� '?ud production of oil �)r gas frora
1
s propert, n � overed b, tbiis �,,reeraent j ' it being hs
i ntei t i` Cu eon that City ;stall reoe?'i e tha paymq.: s lie s 1i4
rY
prw—rid.e , 1:or from all a Voduetit-Pl produced by Operato
r-0,_r t�xe trans ttnd provisions hoxeof.
At Ci uy's optiori ezercised not, often M1i;�n once a
�� .. I.i1.pon t aI-S o:"*'`viCous t'T.C'i'Cten notice,
OPi' !t tc: z shall into City' s tz rk s adjacer t to any
rece i n4 or
"?".."".rs+ 'Ie tc'3nitz. of ��r '2 `' vx�� 9 r ,". tjse mo chit
SiF? '-Iell or to c`, ripe IJJIr!Fi
e, �yOlt , � � � � �t � n�� cost 4c� C�a"'rotor y ;n lieu o,-, tre
aa'.Yrnerrltu ..ar:zrel.=T:ove pro i°...:ed to be 90 it.y} either
5 J.xteen and ,erce t (1-6—e2 i .Y.�'^',) or , ivp percent
0. t;"I s 011. ProduCLd ;.,�:'. Ojo?ra vt r Ia4,reu,n4-Ier as 21e case
Mly e ,
ea,;%. .r«i,a„cl t-ie,ie U �.f.. �Pa.t :!
t ,./�t" '� � .:7 °.. ij .'T..+J' e
(C) -v �;omu-i,r.`oil-lice ryx 5 i»t.L.enme." 4 -�,f any suit or
contract, W C' l t t p a }^ r r, tx"r is * which
+a.r ,hr, stibj-cx% ...�.. w:';ak '. a1. .1 1'i,,,Y'" l ,i t:.ai41' � 1 s r .,t,�..a. 1e .ia9:F'. c
M
ent -red into by City obtainli°,," Le rr : s, Pn
cor stint and approval oz tip<.r; -:.,r
(D) 2ach of the pa ties ,iiiirr,,=,y agree to duly -execute
promptly kxpora demand o-i' mac: cth:�. , any and all Papersl
,ins 4ar umz' at s A.,r d.o^w-s..v aC-- iai a:c ,riven--1 en;4: to the
co.na.'u..Ali.:iRt�a:�w, o a''.he � 3, �371 � •1, ov'^Y jlur.poae or pu.7 pc.c 'Ss con—
, t yaip.Lrh4C:U5. r} !.:iFwM X$' +{ rt'..�4'YaAf*,a 1ai„rS.A iwa•Lw this tig;,rSc.''rlent
-fully- effective, for oil -Ind i;ns
le:4._ges. 7 scrip- Select's ""nz, n� v ° w £x � " 4 � or,rni tz) and "Ellie
Mayor or Ca tc e C�, , , wy autLczixed to
execute a4y rfnd all wuw.a I::strumtcant C;r documelits as may
e hpreinaftcr r u red on o'ialf of ue City under the
pro i5iol'.'5 u: #'U is "in :ixrT1 .`awl a`-ltEs.F-�d
02) T'he _terni of x`% S�ta"-ill Ci@.1lit ;?"1ue for
aad E9,".a.,, %:' g period" wD -1 w nty�_`.� l v Years f+'t�i i and
afti"r Ehe- effective ive du u�- „m-. rj f, -:red, so a r as
'Yi^iu Rom" LiC'.�i1ti"a i#�.r`..'.Z�°5'%iy+c.:1A t.y` .". f ir' t F» :y
f`oum tlpnr lands re eared to ere.- o- hprei-aa,ove descril.,:(,d.
ivGil:, i c a.p: t'i",.s tlhal' ;:2rerv*",:!"t Scri- selections
'va � s,:r a .. r,,:.. .[',++ wF� rs 't ra '
dJ.y. .z. �x MrE.' �t °?�:i:C.a� ;_z,� l.., t3 �tfei�`t-w ��..f.e:'.` ;;,�' a,.�ca .i��;;, ,iv.i.+"tg
l i .-�iU ��f L.� E"' C u,, .vtft'. terms <3z 'i,%a...s,
me,s.."L r. -vid .,.i'i e, 47-E..a?: Mc, : n ,r a x i ;.- y f w i .',,3 .'" s :� 2' lease
eil Olit�r and be
c%:i'i+. r`�-3"»aJ �,%,:, '� v{. r ai;+� ::.r �6..� � w � ... •'t-� ..:°.'�i k.. .. i�«E� land Y
.x,d w.A ,�'a fiA'„%+w zi.F r. 2u oj� i li' lu;:'P-,d
+.ti.i.' all o„. ° "'..�i' :'i1.2.`af"Y:.;r ri i• .' S cc. �rPC4C: G' ,�i :.a iz '�.','r ere
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