Rensselaer Journal, Volume 10, Number 49, Rensselaer, Jasper County, 16 May 1901 — Oil King of Taxas. [ARTICLE+ILLUSTRATION]

Oil King of Taxas.

Oil kings are being made and unmade in Texas at present at a rata which makes it somewhat unsafe to announce the coronation of one for fear he may be deposed almost instantly by some contrary turn of for-

tune. But there seems to be at least one little man who has kept his place long enough to deserve a per manent niche in the temple of fame. Hi s name is D. R. Beatty,

and the first big gusher in the famous Beaumont district was opened up by him, and still bears his name. He leased the ground on which the Beatty gusher was dug for $lO, and it has already returned to his company a total of more than a million and a quarter of dollars. Mr. Beatty’s time since the excitement began has been taken up with the buying and selling of oil lands. He or his companies, which are' practically owned and controlled by him, have hundreds of acres of oil lands under lease, and the way they do business may be° judged from the fact that one day last week he refused first >75,000 and later $90,000 for the lease of a single acre of land near one of the big gushers which he has developed. Mr. Beatty is personally a delicate little man, only five feet six inches in height, and since Jari' 11, when the Beatty gusher started the Texas oil boom, he has been living under a nervous tension which might break down a giant.