The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1865-01-11
MISCELLANEOUS.
New England
COMFY,

D., M. YEoMANs, - ]. H. cLAPP,
q "a ~ &c. BATES
Capital, S4S0'0 000
Snbscr tiens.-,. ..........'.....s SO 00
Working Capital. $4,000
The Directo- 8 of this Company take pleasure in
presenting to the capitalists and the public of New
England chance to invest in Petroleum stock
that ofsrs immediate returns as well as future PROS
poets of realizing an income that will amply reward
such inve: tments.
The Property Of the Company Consists
1st-Of perpetual lease offive and one-haf acres
of and with en- inc. fixtures and buildings, being
part of the Miller Farm, about five miles below II
tusv lie, on Oil Creek, at the mouth of Hemlock
Run.
The Oil Greek Railroad runs directly through this
property, which enhances the value of the prodact
fu Iy one dollar per barre, there bling caring
No finer boring rriuory being found the whole
ength of Oil Creek than on this section. On this
land mere is one well now producing sixty barrels
of Oil per day, worth at the well twenty dollars per
barrel.
This well being ne,c one, we have every prospect
of It's increasing to much larger yield, as most OF
the pumping wells on the creek have cone hereto
fore. For this well alone the Company are now OF.
fred Sl75o 600 cash. We have also this track
for at least ten more wells. One well will be put
down immed ately upon the arrival of the engine
and tools which the company already own.
Much better results expected from this terri
tory than already obtained when we shall have sunk
the other well, almost every well sunk in this vi
entity has been eminently successfully for instsnce
the "NobIe Wen, )" only three miles below us, with
surface indications rior to ours when the ell
struck flowed two thousand barre day for year,
I and its ortunase possessors became millionats.-
Now our chance of striking similar deposit reat-
y superior being the center of the great Oil
Basin Should well of this kind be struck, at the
present price OF OIL it won yield income of $20,-
cooper day, or over $4,000 COO per annum. This
would indeed be prize; and facts show that it is not
all chmericsl for ii has been done in our neighber
hood, and do not see why our chance il not coed
or doing the same thing. ,cAa A'if
No. Q, Fee simple of two hundred and sixty five
acres Of land In Oil Greek and Spring Run, six
miles from Thusville, . large portion of which is
boring territory, and from su face indications We
have every reason to believe that this will prove
equally as7aluabIe as land below Titusvile. Par
ties are sinking wells land adjoining very
Satisfactory results, & il.s lJs
No. 3. Twenty -four acres of fats rp ming across
the south end of Morgan Jennings farm. say two
miles north of CoopeIstown. Forty years lease,
corded. Nine-tenths of oil on first five acres three
fourths Of oil on residue One derrick up. Propre-
tor pays all taxes. making it better than deed.
Rochester firm, Messrs aughes Crane q Co, have
similar lease scross north end Of This farm and are
I ;,nrov;nr !, with ,ho rroatost e,orcv
l III land xos vary caref,,,v saacras last Aro.~t
bv most experieuoed expert and i. unsurnas ed ON
the Creak Tho oil ie'a beayyv phr;c.t;no nj; sa,,.
ing at the wells for twenty five dollars par barrel
and from the superior location of This property to-
gether with large amount of money now develop
ing in this locality the company most conscientious
Iy deem this tract very great value 1t is in di.
rect range with the celebrated Tarr Farm, and
every foot of the territory excellent boring land
while It's proximity to the market renders it OF
HANGED value. A ~ @ V.a "a - Z
No. 4. Fee simple of one hundred snd thirty acres
on Mosquito Greek in Mecca, Ohio on which We
have three wells in operation Welding about four
barrels per az Of the very finest ubricating oil in
the world brins ing readily fifty dollars per barrel
at the well or sxty dollars in Eastern Markets.
Responsible parties stand ready to take ali the oil
raised at that price. these wells areover four years
cid and it is expected when we shall have new
we'll down, we shall get at least ave-barrel well
One well is nearly oil depth now and in the course
of thirty days will be producing lowell was ever
sunk ON this territory that was net paying one
Tni oil is found depth of sixty five feet, which
enables US to sink wells at a slight expense.
The Phillips Oil Company are sinking wells on
land adjoining us at q greater depth, with every
show of getting flowing or large pumping wells
On this property we have two large houses, new
barns, office, oil refinery four first class engines,
pumps. tubing, teams and everything complete tor
carrying large oil business. Plenty of the best
OF hard wood growing on this property enables us to
get our fuel at cost Of cutting and hauling as all
our engines burn wood alone. Splendid timber for
slaves and other purpos is found in great quaint
ties. ofara 19llE4aE s4i1