authorized capital stock is $25,000,000, of which $23,000,000 
is outstanding. The company holds under lease 339,787 acres 
of oil and gas territory in Pennsylvania, Ohio, West Virginia, 
Kentucky, Michigan, Arkansas, Texas and Louisiana, of 
which 145,524 acres are now operated, and the rest held in 
reserve for future operations. The company has 1361 gas 
wells and 470 oil wells, and a total of 3051 miles of pipes of 
all sizes, in the entire system. The company has on its books, 
a total of 126,461 meters, of which 125,437 supply domestic 
consumers. There was an increase in the last fiscal year, of 
8419 in this class of consumers. 
The company’s oil production in the year 1922 was 136,719 
barrels, or an average of 874.57 per day. The production of 
gasoline amounted to 2,520,753 gallons, or a daily average of 
6906 gallons. 
Gross earnings for the year were $11,322,422.89, and net 
earnings from operations were $2,421,855.32. Dividends paid 
amounted to $2,300,000. The officers of the company are: 
T. B. Gregory, president; L. A. Meyran, vice president; J. I. 
Buchanan, vice president; H. E. Seibert, secretary and assis- 
tant treasurer; G. W. Ratcliffe, Treasurer; C. H. Geilfuss, 
Assistant Secretary and Assistant Treasurer; F. G. Leslie, 
comptroller. 
A. D. MILLER SONS COMPANY 
In 1859 the first oil well was drilled. Three years later, 
in 1862, A. D. Miller founded this Company and built the 
original Miller Refinery, this being the first pioneer refinery 
of crude petroleum. Since that time there has come the 
wonderful age of progress, which oil, as a lubricant, has made 
possible. Since the early days of this Company the modern 
factories and mills of today have been created. The river 
steamboat and the modern turbine-driven ocean liner have 
come, the steam and electric railways and finally the auto-