The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1865-01-04
MISCELLANEOUS. /
New England
COMFY,
or Rna1oM

WILLIAM LINCOLN, II. IL. SMITH,
! Is ID. M. YEoMANs, f. J. II. CLAPP, II
Z. G. BATES. Gg7
,l5n9SlG stsl3fi grias- SEQ Sd a46ssil asst9s
Capital, .a.s.............. $3.50 900
Nuniber Of Shares, ..n........... 90,0OO
Subscf iptiOns. ................. .. 900
Working Capital, ...........-. $4,000
The Directors of this Company take pleasure in
presenting to the capitalists and the public Of New
Englanda chance to invest in . Petroleum stock
that offers immediate returns. well future
poets of realizing income that WIN amply reward
such investments. tOa yd neWeiof ad Or
The Property Of the COuspany Consists
lst-~Of aperpetual lease offye end one,half aeres
of land with engine. fixtures and buildings, being
part of the Miller Farm, about five miles below IT.
tasviIIe, on Oil Greek, at the mouth OF Hemlock
Run. N N ,5g H7- =
The Oil Greek Railroad runs directly through this
property, which enhances the value Of the prodnct
fully one dollar per barre, there ting caring.
No finer boring rritory being found the whole
ength of Oil Greek than on this section. On this
land there is we'll now producing sixty barrels
of Oil per day, worth at the well twenty dollars per
barrel. assA q = ass ssaH .H.tIs eslM
This well being neso one, we have every prospect
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
fered Sl76 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 are expected from this terri
tory than already obtained when shall have sunk
the other wen, almost every well sunk in this vi
oinity has been emnenty successful; for instance,
the "Noble Well" only three miles below us. with
surface indications inferior to ours when the Oil was
struck flowed two thousand barre day for year,
and its ortunate possessors became milionaires.-
Now chance of striking asimar deposit is great
y SUPERIOR being nearer the center of the great Oil
Basin Should well of this kind be struck, at the
present price Of OIL 1t would yield an income Of s2O.
900 per day. or over 81, co., COO per annums This
would indeed be price, and facts show that II is not
all chimerieal for it has been done in our neghbcr-
hood and we de not see why our chance Is not coed
or doing the same thing
NO.. Fee simple of two hundred and sixty. five
acres Of land IN Oil Greek and Spring Run, six
miles from Tituaville, large portion of which is
boring territory, and from sutfacs Indications we
have every reason to believe that this will prove
equslly as yaluabe as land below Titusvilie. Par
ties are sinking wells land adjoining US with very
satisfactory results.
No. 8. Twenty -four acres of fats ru ming across
the south end Of Morgan jennings farm say two
VI
corded Nine-tenths of oil on first five acres, three
fourths foii on residue. One derrick up Proprie-
tor pays all taxes, making it better than deed A
Rochester hrm, Messrs hughes, Crane d Co. have
similar lease across north end of this farm and are
| improving il with the greatest energy.
Tn land was very carefully selected last August
by most experienced expert. and unsurpassed on
the Greek. The oil is heavy lubricating OIL sell
ing at the wells for twenty five dollars per barrel;
and from the superior location of this property to-
gether with large amount fmoney now develop
ing in this locality the company most
ly deem this tract Of very great value. 1t in d.
rect range with the celebrated Tarr Farm, and
every foot Of the territory is excellent boring land
while its proximity 10 the market renders it OF en-
HANGED value. Il L. NJkE
No. A. Fee simple of one hundred and thirty acres
| on Mosquito Creek in Mecca, Ohio on which we
have three wells in operation. yielding about four
barrels per day ofthe very finest 1ubricating OH in
the world, bringing readily fifty dollars per barrel
1t the well, or sixty dollars in Eastern Markets.
Responsible parties stand ready to take all the oil
raised at thar price. these wells areover four years
cid and 1t is expected when we shall have a new
well down, we scan get at least Gre-barrel well
ORewelIis nearlyto oil depth now 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 isfsund at depth of feet, which
enables us 70 sink wellsat slight expense Q vi
The Phillips Oil Company are sinking wells on
land adjoining US at a greater depth, with every
show of getting flowing or largs 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 on large oil business. Plenty of best
Of hard wood growing on this property enables to
<-akn
our engines burn wood alone. Splendid timber for
slaves and other purposes is found in great quaint
ties. On
The Directors feel in putting this stock upon the
Market they are holding out and better induce
mons TO subscribe rs than has heretofore been offer
ed for, while there are wells in actual operation
oil enough to pay Immediate dividends of at least
wo per cent. month, as the yield noiO amounts to
800 per day or $4,000 per annum,~ there are
also future prospects unsurpassed by any other
pany in having plentyiof boring territory develop.
ed lands, and plenty Of land where the excitement
has but late reached. which enables us to derive
benefit both from old and new territory, and on
which the deyelopements will be vigorously pushed
We would close this prospectus by stating that the
Company is entirely New England enterprise,
managed by well known par les. some Of them OF
great experience in the Petroleum business. Sub
scrlption books WILDE found with az Assf
Messrs }. H. CLAPP& Co., Bankers 81 State st.
&c. BATES, Esq, Q Merchants Row. Z
Messrs. WIN. LINCOLN & Co. 10 Central st.
Messrs. f. z 3. W. SEARS, 104 State st. J.
Since the above was written we have received adj
vices that one of the new wells the Mecca Dr. per
ty has reached oil, andnow D ZELDA twenty barrels
per day. AS soon as the tubing is put down it viii
probably greatly increase II 3
Subscription Books, for limited number of Shares
will be open at the offices of j. C. PEooToR, ESQ.,,
Lime st. near P. o., and at j. j. BRowN's Banker.
NJ m / =