The Portland daily press., 1864-12-30
5-.sFHE57E7f.7 Is : 2 =
: MISCELI ANEOUS.

TREAsURER-JAMES ID. CLAPP.
FRANKLIN HAVEN, JR., a. W. sEAnsa J
WILLIAM LINCOLN, F. E. SMITH,
q d. NJ. YEoNANs, J. H. cLAPP,
"a II Il sJp M4TT'0
Number ofShares,. .........s... -. 10000
SMnsct Pions.. =. ................ o ~
81 FgT
The Directors Of this Company take pleasure IN
presenting to the capitalists and the public Of New
England chance to invest in Petroleum stock
that offers feturnsi 10 wall O. tGre pros.
poets ofrealizing an income that VIII amply reward
such investments.
The Property Of the Company Consists
1st-Of aperpstuaI lease % fve ana pne=halfacres
of land with ensine, fixtures and buildings, being
part Of the Miller Farm, about five miles below IT,
tusville, on on Creek at The mouth of Hemlock
Run.
The on Greek Rsilroad runs directly through this
property, which enhances the valueof the product
fully one dollar barrel therebsing no oarihg.
No finer boring tsrritory being found the whole
Length of Oil Greek than this section. On this
land there is one well now producing sixty barrels
of Oil per day, worth ct the well twenty dollars
barrel. q ~ IA
of its increasing to much larger YIELD as most OF
the pumping wells on the creek have done hereto
fore. For this well alone the Company are now Of
tered Sl75. COO cash. We have also onthis traefoo
fof at least ten more wells. One well will be put
down immed' ately upon the arrival ofltAs engine
and tools which the company already own.
Much better results are expected from this terri
tory than already obtained when we shall have sunk
the other WE'LL almost every well sunk in this vi
eihity has been eminentIy successful; for instance
the Noble Wei, 9 only three miles below Us. with
surface Indications infe ror ours when the oil was
STRUCK flowed two thousand barre : aiday for year,
and its tortnnste ptssessors became millionafesA
Now chance of striking similar deposit reat
y superior, being the center of the great Oil
basin Should we'll ofthis kind be struck, oat the
present price CT oil, it would yield an income of $780,
4 900 per day, or eyer s4.oeae0O per annum. This
all chimeiicll, for it has been done in neighber
hood and we not see why Our chance Il not good
z Or doing thesame thing. zAH1k
2. Fee simple of two hundred and sixty. five
acres If land IN Oil Creek and Spring R11, Csix
miles from T.tusville, large portion Of which is
boring territory, and from surface indications we
have every to believe that this will prove
Seauslly valuable as land below Titusville. Par
ties sinking walls on land adjoining us with very
j
satisfactory results:
No. g. Twenty four acres of fats ru ming across
theIsouth end Of Morgan enninSs' farm. say two
miies north Of Ceoperstown. FoIty years lease re-
corded Nine4tepths Of oil on afstfve acres sthfee
fourths 81 oil on residue. One derrick up Proprie-
tor pays all taxes, making it be tier than a deed
Rochester firm, Messrs nughes, Crane & Co ;. have
similar lease north end of this farm and are
improving it with the greatest energy.
TIL land was very carefully selected last August
by most experienced expert, and il Unsurpassed on
the Creek. The oil is heavy lubrieating OIL SELL
ing at the wells for twenty five dollars per barrel
and the superior location of this property to-
bgether with large amount of money now develop
ing in this locality, the company most conscientious
y deem this tract OF very greatvalue. tits in 6i.
rect range with the celebrated rarr Farm, and
very foot of the territory is excellent boring land
7 hanoe6 yaide. I JdA Jb1I Hl1J lE1
y No. 4. Fee simple of one hundred and thirty acres
ion Mosquito Creek in Mecca, Ohio. on which we
have three weiis In eperefon, Yielding abort -four
barrels pgrdayofthe very finest iubricating on in
the world, bring ing readily fifty dollars per barrel
at the we'll, sixty dol ars in Eastern Markets.
Responsiblep stand ready I'd take all the oil
raised at thar price. these wells four years
cid and 1t is EXPECTED when we shall have a new
well downSwe sbsll get at least q Jsve.barrel wen
One well is nearly TO oil depth and in the course
of thirty days will be producing, No well was ever
sunk on this territory that was not paying one--
Tni, oil is found at depth of sixty-fve feet, which
enables us to sink wells at slight expsnse
The Phillips Oil, Company are sinking wells ON
land adjoining ps at D terudepth, with every
show of getting flowing or large pumping wells -
On this propertgsws have two large houses, new
harna offna o;Frna fonr ArS< nfasa 49, -o.
pumps. tubing, teams and sxerythisg complete Tor
carrying large oil business. Plenty of the best
Of hard @ood growin this enables us to
get fuel at cost of cutting and hauling as all
our engines burn wood alone. Splendid timber for
slaves and other PURPOSES is found In great quaint
ties.a,oss ,...,,s.r ,....., .s-sts.. ,
The Directors feel in putting this stock upon the
Market they are holding out and better induce
ments tosubscibers than has heretofore teen offer
ed for, while there are wells in actual operation
oil enough to pay immediate dividends Of at least
y Yo per cent. month, asthe yield no,o amounts to
500 per- day or S2l0 900 per annim, thsrsS are
also future by apy other Com,
pany having plsntEof boring territory Develop
cd lands andple4ty ofuland where the excltement
has but latey reached. which enables Us to derive
benefit both fsom old and territory, and on
which the dsveiopsments win 10 ously pus
We would close this by stating that the
Company . entirely q New Englsnd ienteri rise.
managedby wen known par les. some Of the m zoi
fgr at experience in the Petl oeum business. Sub
scriphoilB0dt win be found With u0h n9nl
v Messrs j. II. CL1PP 6 Co, Bankers 81 State st.
e E.cIsArSss esq, sMetchants Row, TOD
Messrs. VIM. LINCOLN & Co. 10 Central st.
Messrs TO- n r.. W.6EARs. lo4 State st. sEea3
Since the above was written we have received ad-
vices that one Of the new wells on the Mesca pr per