The Portland daily press., 1864-12-26


FRANKLIN HAVEN, JR., R. W. SEARS,
4 WILLIAM LINCOLN, 20 =. Z. SMITH,
- D. NJ. YEoMANs, j. H. CLAPP,
E. G. BATES.
Capital. .....s.-.................... $3.50 900
Nu@bcr Of ShaFes,. ............... 10000
Subscs tpti0us.. ................. 300
Working Capital. .............. 3 $4,000
. 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 immediate returns as well sJature prcs.
poets ofrealiziug an income that will amply reward
such inve tments. asN sssds galiia
The Property Of the Company Consists
1st-Of perpetual lease Olive snd one-half acres
of land With on sine, fixtures and buildings being
part Of the Miller Farm, about five miles below ii.
tlsv lie, on Oil Creek, At the mouth OF Hemlock
Run. 8s "a 80 ss sils sssfs5 a .sst,ss ( ase. :.
The OIL Greek Railroad runs directly through this
property, which enhances the value Of the product
fully oned ,llar per barre there ing NO car ing.
No finer boring rritory being found the whole
ength OF OIL Greek than on this section. On this
land there is W Ill producing sixty barrels
OF Oil PET day, worth at the we'll twenty dollars per
barrel.
This well being aeao one. we have every prospect
Of Its increasing to much larger yield, as mos Of
tHo pNmPhAk WciAo VI tuS ohSo> heF0 ovAO A'foto-
fore. For this well alone the Company arc now Of
ered s75 roo cash. We have also on this track room
for ut least ten mo Q wells. One well will be put
down immed ately upon the arrival of the engine
and tools which the company already own.
Mach better results are expested from this terri.
tory than already obtained when we shall have suIk
the other WELL as almost every well sunk In this VI
eiaity has be n emneoty successful; for instance,
the "Noble Well" only three miles below us, with
surase indications interior to ours when the oil was
struck flowed two thousand barre Q day for year.
I and its fortunate pcssessors became millionaias-
Now chance of ing asimilar deposit reat
ly superior being the center of the great OH
Basin. Should well of this kind be struck at tse
present price OF OIL it yield an income OF $40
cooper day, or over $4,000 COO per annume This
would indeed be prize; and facts show that 1t is not
all chmeTicll, for it has been done In neishbe
hood. and we do not see why chance Il mot good
or doing the same thing. ~ 81 G0 =
No.2.s Fee simple of two hundred AID sixty.nye
acres Of land IN OIL Creek and Spring Run, six
miles from Ttusville, large portion Of which is
boring territory, and from surface indications
have every reason to believe that this will prove
equally valuable as land below Iitusvills. Par
lies sinking wells on land adjoining wishve
90 istactory resulfs2 seH 20 3 g7ssisogsh lgs7g
No. 8. Twenty four acres of fats rn aning across
| the south end Of Morgan enninxs farm. say two
miles north Of Cooperstown. Forty years lease,
corded. Nine-tsnths of oil first i've acres, three
fourths Of oil on residue One derrick mp. Propris.
tor pays all taxes, making it bt tier than deed
Rochester hrm, Messrs aughes, Crane q Co have
similar lease fcoss north of this farm and are
| improving it with the greatest energy.
Ihslsnd was rery fully seleo,ed last August
by most experie need expert and 4 unsurpas ed on
the Greek. The oil is heavy ubricating oil, SELL
ing at the wells frtwenty Ave dollaIs per barrel
and from the superior location Of This property
| gether with large amount of money now develop
ing in this locality, the most conscientious
ly deem this TRAIT Of very great vaue II Is in d.
rect range with the celebrated Tarr Farm, and
every foot ofthe territory 10 excellent boring land
while It's proximity to the ark.t fendsrsit Of en-.
HANGED value, .go4s2 10 s5lss fIr 10 ba-rala saI
u No. A. Fee simple of hundred and thirty acres
on Mosquito Creek in Mecca, Ohio ON which we
nave thres wells In operation, yielding about four
barrels per day ofthe very finest lubricatirg oil 10
the world, brine readily fifty dollars per barrel
al the we'll, or sixty dol ars in Eastern Markets.
Responsible parties stand ready to take all the OIL
ra sci a thai price. these wells are over four years
old and it 10 expected wheu we tall have new
well down, we saIl get at least q fue-barrel well
One well 10 nearly 10 oil dep nowand In the course
of thirty days will be producing. Ne well was even
sunk ON this territory that was NOT paying one :
Tni oil is found az AIDE th Of sixty Eva feet which
| enab es US to sink wells at slight expenfe.
| The Phillips on Company are sinking wells on
land adjoining us at . greater dep h, with every
show of getting fswing or large pumping wells
On this property we have two large houses, new
barns. ofoe, ola refinery four first class engines,
pumps. tubink. teams sndeserythisg complete Tor
carrying large oil business Plenty of the st
Of hard wood growns this properly enables us to
get fuel At cost Of cutting and hanlir g. % all
our eagnes burn wood alone. 81 lsndid timber for
slaves and other purposes Is found in great quaint
l. ties. Co. sss
The Directors feel in putting this stock upon the
Market, they holding and better induce
men to subscribers than has heretofore teen offer.
cd; for, while the are wells In 90 ual op ration
IL enough to pay immediate dividends Of at least
wo per cent. month, as the yield nov amouats to
500 per day or $4,000 Per annum, there are
also future prosp unsurpassed by any other Com
pany in having plentyof ing terri DRY develop
ed lands. and plenty Of land where the excitement
mas but late reAsnea- which ma 10 derva
| benefit both from old and new territory, ana on
which tie develop win be vigorously In he'd
We wouldcl 80 thus prospectus BY stating that tie
Company is entirely New England enter rise.
ma aged by well known par les. some Of ,hs m OF
gr at exp srienoe in the Pet. oleum business. Sub
scrsption books WILDE found with sS2sdeLe1
Messrs J. II. CLAP @ Co., Rankers, 81 State st.
e. q. BATES, Esq. Merchants Row. ~
| Messrs, WIN. LINCOLN Co. is Central6t.
| Messrs. e. b z. W. sEAhs. 104 State stq0
Since the above was written we have received ad-
vices that one Of the wells the Mecca pr per
| ty has reached oil, and now yields twenty barrels
per day. AS coon a. the tubing Is put down it III
probab greatly increase.
| Subscription Books, for limited number of Shares
will be open atthe ofices off. C. PsooroR, Esq,
Lime It, near p. o., and ut J. J. BKowx's Banker,
| No. 20 Exchange ct. dec2Stf
n 4 NOTICE. ev 81
WE, the undersigned having sold our Stock Of
| w Coal and WooD to Messrs. Randall, AcAEs.
| ter iC0., do cheerfully recommend them to eur
| former customers. All persons having demands
against requested TO present them for settle
ment, and all persons indebted to are requested
k.x& al