The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1864-12-24
N ew 4 nglan q.
PETROLEUM COMFY,
nr Rds nn-- ..--.-L

AG0AA6ANc1
T. O. BATES.
CeRitnl,.e $460,OsO
Number OF ShnFes,...sss........ 10000
spb.cl Ipsi0ns..... ................, 500
Working CaPstaI...............t $4,000
The Directors Of thi, I ompany take pleasure in
presenting to the cap talists and the public Of New
England chance 70 invest in Petroleum stock
that ofsrs immediate turns as vel ssJEture
poets of realizing income that viii amply reward
such inve tments.
The Property cr the Company Consists ~
lst- OF a perpetual ase ofavs nd one. halfacres
of and with engine fixtures and buildines. elr
part oftbe Miller Farm about I've miles below IT,
t1sv lie, on Oil Creek, at the mouth Of Healcek
R6a. efk e'sr .tssla. ~ ~.
The Oh Greek Rsilroad ruHs directly tbr Ugh this
property, which enhapces the value of the product
fuly one dollar per barre there ing no car ing
No finer boring { mi DRY beIng found the vbo'e
eagth of Oil Creek than on this scot on. On tits
laad tnersis one Ill now producing sixty barrels
Of OH per day, worth at the well twenty dollars per
barrel. = s,es.. b. ~ ADJ 80 ...,.--
This we'll being nsl0 one, we have every prospect
Of its Increasing to much larger yield, mus of
tls pumping wells ON the creek have one reto-
Z re. For this well alone the Company are now Of.
cred sl75 zoo cash. Wehave also on this track room
for at least ten mo wells. One we'll viii Be Iut
down immed ately upon the arrival Of tho engine
and tools which tbs company already own. alilfq
Mach better results are expec'ed from tbs t-rri.
tory than already obtained when we shall have su1k
the oGher we'll aim, 81 every well sunk IN this 1.
ciaify has be enineatly ~; for iaSt, nee,
the "Noble Well " only three mi es below us. W th
surface indications inferior when the oil
struck flowed two Thousand barre 8 a day a year,
aud its icrtnuate pessessoIs became millionai a.
Now our chance Of ing similar depos reat-
~ superior, being the cen'er oftbe great OH
Basin. Should q well of this kind be struck at taO
present. price Of OIL it won yield inccms Of 49,.
cooper day. or over sl,roJfoO per annum This
would indeed DO prizes and cts show that Is Lot
Ill chime 10 l. for IT has been done In neislb.r-
hood. and we az NO seewAy our chance 1, not 90 d
o doing the sams thing. 10 5ral aal ft. ~ En-
MOI. Fee simple Of two hundred end six y ave
acres aid IN on Greek tnd Spring Run. rdx
al es from T.tusvllle, large poi ton biz is
,oring territory, aad rrtm ca Tsc. Sdica lon We
haEv every reason to bell W ha' this viii prove
u lily as vslusb as iaLd COW 1itus,il O. Tar
to, are sinking wells ON land jsinI US vi hvtry
isfhctory Tesult'.s
No. 8. Twsnty -four acres Of 4 it, m ming acr %
toe south emu Of MORAN JshLinss' fam say Two
niles north Of cocpei stown. ko.ty Sts.s ksse RI
,rded Eine-tenths OF eli or FIRST Va acres, smse
ourths Of oil on resi- us. Oae dei X up. Pr, To-
tor pays all tai es, msh & it b. or tba' desd
colchester firm, Mstsrs -ughes, Gr.n q CO, have
similar lease north eLd Of this farm arc are
improving 1t with The gre feat energy. ~
III Stand was very car. fully 90 &c ed last August
BY most experie iced expert, audi unru pes ed on
che Greek. The oils heavy lubries;ins ei cell
og at the wells for twent, live dolia PR barrel,
lad from the superior loo tion Of his properly to-
al1
ng in this locality, the comp ny seiep iious-
y deem this trait OF very great vuu'. bIn a.
rect range with the celeb atet Tarr Farm and
every foot OF the territory exc lent boling land,
While its pTOximi to the arkst Fsnd OF en-
lanced value. 49,, ~ &, ii
No. a. Zee simple of one hundred al thirty acres
"a M sQuito Cheek in Mecca, Ohio oa which We
ave Tires wells in ep r Il n, yieldil alou iUur
barrels per day ofthe very finest mbneaitl 2 Ia
toe world bFin. ins ruadil, nifty COLA per barrel
t the well, or sixty dol ara IN Eas err Mari ets.
sesponsibe parties stand ready to taks ali the oil
"a SO nc tina. price, these wells arecvsr + ur ears
sld and it is expected whea we siat have p7w
veil down, we al get at least yfve-o frei will
0ne well is nearly oil dep now and in the
# thirty days will be rrodusing. NO vol was ,veI
,lnk ON this territory that was Of paying eLs =
rai oil Is found AZ do th II sixty Az, iest wLieA
4 - N~-@~ - ~--f~r~
Tho Phillips OH Co mpany ars siDking wells On
land adjoining us at . grea,er dep b, with every
show of getting flowing or large pumping wells
i On this property we have two large hoases, new
barns, Cface, oil refinery four 6rst class engines
pumps. tubing. teams and eyerythia ccmIle,e Iol
carrying on large oil business. Plenty oftheb $
OF haro wood CROWNS ths property enables US t.
get our fuel at cost of cutting aud haui z, as al
our engines burn wood alone. eplsr did timber fO
slaves and other purposs Is found in great quaint
ties.
The Directors feel in putting this stock upon th'
Market, tney holding out sue and better Induce
nents to subscribs 70 han has heretofers ther
ID; for " lille the are wells in &C nal op "a n
Il enough to pay isiued;ats diridends o. At leas
wo per cant. a mon d. IS the yield moo suoasts T.
400 per dav or $40 90 Ier annum, there sr'
.iso faturs prop ansa'pa,ssd BY ~ other Go u
aarv a. parfng plenty ofb ng terri CRY on dsvecp
ID lands, and p enry of land where tbs exc temsn
4 has but late reached. which enables US 10 d,riv
,spent both from old and new territory, ina OIL
/ which the developments will be gOrousy u cd
We would close this prospectus By stating that T.
Company is entirely New England enter rise
ma Jagged by well knoyn par les, some Cf N m o
9r At experience in the Pct. oleum business Sub
scr ption boc ks viii be found with evs
Msssrs J. IL. CLAP 3 Co.. HaDke-s, 81 state St.
| &c. Barns, Esq, Merchants Row.
Messrs. WIN. LrNooLH & Co IS Cent, al st.
Messrs. Z. r. W. SEARS. 1o4 Strife Ct
Since the above was written we have received I'D
vices that of the new wells on the Mee orr pei
y has reached I'll, and now Yields twenty barre
per dsy. As soon as the tubing Is put down It vi
probab y greatly increase.
subscription Books, for 'imitei number Of Share
will be open at the offices Of J. @. ProoroH, Esq
Lime st. near P. o., and at }. ,. BAowE's Banksl
| NJ m r-.A.-u. a dec22tf