Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1864-10-24
NORTHERN LIGHT OIL CO.
OF NEW YORK.
Lands of the Company ALI on Oil Creek,
VenangO County, PeIEn'a.
rADUTAT Al OO0 600

OF NEW YORK.
lands of the Company ALI on Oil Creek,
VenangO County, Peun'a.
CAPITA 200 900.
Consisting Of 600 Shares Of the par value Of $50
per Share. Subscription price $50 per Share thus
avoiding the Objectionable feature Of Yntered
Shares. The property has cost the Company about
Ss5O OO0thus leaving $780, 900 for working capital
Thsse lands and interests are as follows:
No. 1. Locke Farm (1OO aGFes.)
a Foee and Leashold interest in all on from this
well known farm Of lU0 acres. Two wells, only at
blight Depths have been put down on this property,
but are full Of OIL and yielding to this Company
about eight to ten barrels per day
No. 2. Stackp0lG,, Farm (10O aeres.)
5l2 of all the Oil and the fec simple of this spen
did farm Of 100 acres, located three miles below IL
tusyills, on bc tn sides Of Oil Greek.
No. 8. Avery Farm e acFes.)
One acre in fee simple; also 4 the fee in two
acres. This farm sdjoins the Stackpole.
No. 4. Smith Jones Farm g acFes.)
4.9 Of all the Oil in acres on this iarm, located
on East side Of the Creek and sdiOins the Fleming
Farm.
No. 5. SAMMY Farm 90 acres.)
4 Lessehold interest in 20 acres on this fine farm,
located about one mile above and on line with tine
Noble Well.
No. 6. Stevenson Farm 40 aGres.)
4 fee simple interest in 40 acres, known the
Raymond purchase on this farm, which is located
below and adioins the shafer farm.
No. Z. MGEihenRy Farm q 1-2 acFes.)
BIZ Of all the Oil from a Leasehold Interest In
~ acres on which sre tho famous "EHFREWELLs, -
now producing 100 barrels of Oil per day, with
large number Of Tanks, Tubing, Engi es, &c.
Also u leasehold interest in the Savage Well and
lot, near the above No. Plot, not yet tested.
No. s. JnO. MeCIintOck Farm, 24 acres.
M 7 ,Y,1s o1/
ss the " BUTTON WOOD OIL COAPAEY " lease which
Company have been very successful in the Oil pro-
duction from th0ir three wells st slight depths
which wells are now boing put down de4poF with
10. 9, Rynd Farm (tSS aCres.)
q of all the Oil in fee simple in ls3 acres iu ono
of the very best farms Of the entire Oil Region. It
| Is leased and now being entrgetically worked by
"RTSp FAR.1 OIs COMPANY, y Of New York, who are
nov sinking come Is wells, and paying to this Com
psny royalty Of one eighth Of ali the Oil in all the
wells sunk, free of any expense whatever to this
Company, and already yielding from few wells
partly down 65 barrels per day.
No. 10. Widow MGCllnt0ok Farm, 1 acre
u of all the Oil in thu Hammond Well" one of
| the largest Flowing Wells the Greek, now aver
| aging over 200 barrels par day.
| These farms are all located directly on OIL
| CREEK, in tho heart OF the great Oil Basin, sur
rounded on ell sides by small farms which RTe
stocked in Companies at MANY MILLIONS of dollars.
Great care has been exercised by the p esent own
|
gnes Tools, Stores, Buildings, &C, placed on tho
FERNS ready for q vigorous prosecution in the pro
du2tion of Oil the coming fall and winter 30 that
| the expenditure in that direction will be light,
| With this largo amount of valuable property as
reservoir for years TO come the projectors Of his
| Company are determined, and earnestly DESIRE TO
make this Of the very best dividend paying en-
| terprisss, aud very confidently expect to SEQ its
| Stock ia q short time above par aud, when fally
developed, yielding TO this Company more than four
l fold Its present net yearly incOn3.
L.
| The COmqany'8 property now comprises about
/ Two Hundred and Seventy Acres (27t) in Fee and
Lsssshold Interests, and about Two Hundred Acres
| (2OOl In Fee simplei Of which there are
Now in progress Drilling. .......-..s0 Wells.
do. do Pumping..---...-... ''
do. do. Flowing.-.......--.. 8 &"
Total lnumber...............-.
Producing to this Company over leo barrels per
day, which, At IS per barrel at thu wells pays over
| 8 per cent per month, or 35 per cont per annum
readily compute what their dividends will be, II
but small number Of the wells now going down
| produce Oil.
The names Of the larges subscribers to this enter
prise are appended with their respective subscrip
| tions:
JonathOn Watson, New York 900 shares, $500
Samuel Q. Brown, PleGsantyille, N. Y, 1900
shares $1,000
Josa7h Rowland, "a South-st., n. Z, 1,O00
I fhares... -..---.....-.......---......-. $1,000
James Kent, Wall-st., n Y, 400 shares. $1,000
| NOEty 10 10 ZUU bnures.... lU,UJU
F. NJ. Jones, Pearl-st., N. Z, 800 shares. 40O95
S. Macy, Front-st N. Y, 400 shares........ 206OO
h W. Sargent, Fiskll, n. y, 500 shares. 25 900
Q. N. Wslcott, Do do 700 shares. 10000
W. H. Aspinwalls 81 south-stroet N. Y. 900
shares 25 600
Avis Plummer Co., n. Y, 900 Shares. $1,000
| as all the above subscriptions are made as per-
manent investment, all overtures of Brokers 70 hll
up the list have been refused and ct the special
quest Of the undersigned, he viii be allowed to
eoiye subscription for tho above stock for fow days
at the Office Of Aleott & Horton, Water-strest,
where more full information will be given. AZ it ia
expected that the stock viii all be taken within two
weeks parties who desire to subscribe to It will DO
well to call as early as possible.
L. O. DEmTNG,
| Western Agent for tho Company,
| cot 8 139 and l41 WsteT-street, Cleveland Ohio.