Business: Victory Well No. 1

In 1931 one Bobby Manziel, sparring partner of William Harrison ("Jack") Dempsey, drifted into the rich East Texas oil fields. He had $1.80 in his pocket. He promoted prizefights between oil field roustabouts for two months. Then with $700 from Jack Dempsey he started drilling a well. Soon he owned a major interest in ten. He gave Jack Dempsey a half interest in a lease in Gladewater. When he struck oil last autumn he summoned his partner to Gladewater. The townspeople celebrated by staging a parade.

Victory Well No. 1 gushed merrily on...

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