The Portland daily press., 1865-01-10
MISCELL

d. M. YEoMANs, "a J. H. cbAPF, ~
E. c. BATES.
CaPitai,. $3.50 900
Subscr u tioms,,, ,..........,...... 500
Working Capital, -..-........... $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 well future
poets of realizing income that will amply reward
such inve tments. Eli III MGAf tS .GFt
90 The Property Of the Company Consists
1st- OF perpetual lease ofdve End one-half acres
of and with ine. fixtures and buildings, being
part of the Miller Farm, about i've miles below IT,
tusv,ne, on Oil Creek, at the mouth OF Hemlock
Run. .,.-n,..,. ~ s.., .f..r,y -., 's-rl-gE
The Oil Greek Railroad runs directly through this
property, which enhances the value Of the product
fu ly one dollar per barre, there b ing car ing
No finer boring rritory being found the whole
ength ofOil Greek than on this section. On this
land there is one we'll now producing sixty barrels
of Gil pei day, worth at the well twenty dollars per
barrel.
This well being neo one, we have every prospect
of its increasing to much larger yield, as most OF
the pumping wells on the creek have hereto
fore. For this we'll alone the Company now o.
fered Sl75 GOO cash. We have this track room
down immed ately upon the arrival of the engine
and tools which the company already own.
Mach 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
cnity has be eminenty successful; for instsnces
the "Noble Well" only three miles below us, with
surface indications ours whe the oil
struck flowed two thousand barre day for year,
and its ortunase possessors became millionaias--
Now our chance Of striking asmlar deposit is reat
ly superior, being the of the great OH
Basin. Should well this kind be struck, at toe
present price OF OIL it won yield income of $780,
cooper day. or over $500 COO per annum. This
would indeed be prizes and facts show that it is not
all chimeiical. for it has been done in neishber
hood. and wedo not see why our chance ID not coed
| or doing the same thing
No. 2. Feesisaple of two hundred end sixty five
acres of and Oil Greek and Spring Run, six
mites from Tltusville, large portion Ct which is
boring territory, and from su face Indications we
have every reason to bell W. that this will prove
equsly as valuable az land below Titusville. Par
ties sinking wells enland adjoining US wi h very
satisfactory results.
| No. 8. Twenty four acres of fats ru ming across
the south end of Morgan Jennin9s' farm. say two
miles north of Cooperstown. Foity years lease, re-
corded. EineteDths of oil on first tive acres, three
|
tor pays all taxes, making it bt tier than deed
Rochester firm, Messrs nughes, Crane Co have
similar lease tcross north end of this farm and are
improving it with the greatest energy.
III land was very care fully selecled last August
by most experienced expert, and l. unsurpas ed
the Greek. The oil is heavy lubricating oil, SELL
ing at the wells for twenty-five dollars per barrel;
and from the superior alton of his property to-
gether with large amount of money now develop
ing in this locality the comp my most Conscientious
ly deem this tract OF very greatvaus. Isisln CT.
rect range with the celeb ated Tarr Farm, and
every foot of the territory is .lent boring land
whiIeits proximity to the ark. renders it OF en-
hAnssd --z-----
No. f. Fee simple of one hundred and thirty acres
| on Musquito Creek in Mecca, Ohio, ON which we
have three wsls in operation, yielding about four
barrels day of the very finest lubricatiDg oil in
the world brinA ing readily fifty dollars per barrel
at the well, Or sixty dol ara IN Eastern Markets.
Responsible parties stand ready to take ailthe oil
raised thai price. hese wells four years
| old and it is expected when we shall have new
well down, we ali get at least Jfoe-barrel well
One well is nearly oil dep nowand in the course
of thirty days win be producing. No well was ever
sank ON this territory that was not paying one
Tni olis found &C de 9TH of sixty.fys feet which
enable us to sink wells at aslighi expsnse. - 81
| 7Ihs Phillips OH Company sinking wells on
| land adjoining us at greater depth, with every
show of getting flowing or Iargs pumping wells.
On this property We have two large houses, new
barns, office, Oil refinery Jour first class engines,
pumps, tubing, teams and everything complete Tor
carrying large oil business. Plenty of the bsst
OF hard wood GROWING this property, enables us to
get our fuel at cost of cutting and haulin e. as all
our engines burn wood alone. Splendid timber for
slaves and other purpos is found in great quaint
| ties. 49, g ssIsy-.rs.
The Directors feel in putting this stock upon the
Market, they holding and better induce
ments to snbscrb, than has heretoforst esn offer
| cd: for, while the wells in &C iual operation.
oil enough to pay immediate dividends OF at least
wo per cent. mouth, as the yield amounts to
| 500 per day S2l0 QUO Per annum,i there are
also future prosp cts unsurpassed by any other Com
pany in having plentyof territory develop
| ed lands, and plenty OF land where the excitement
has but late reached. which enables us 10 derive
benefit both from, old and new territory ana on
which the Developments win be vigorously pu he'd
We would close this prospectus by stating that the
Company is entirely New England enter rise,
managed by well known par les some Of thtm OF
gr at experience in the Pet. oleum business. Sub
scripton books will be found with s4i .riHTee
Messrs j. II. CLAP s. Co., Bankers, 81 State st.
&c. BATES, Esq, Merchants Row. sfiss3
.ieaMessrs. WIN. LINCOLN & Co. 10 Central st. sdI
| Messrs. e. & r. W. SEARS. 104 State st. - 1Hs"
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. rAsfoon as the tubing is put down it will
probab greatly increase.
Subscription Books, for limited number of Shares
will be open at the offices of ). G. PFooToR, ESQ.,.
Lime st near p o., and. at j. j. BRowNs Banker,
| No. 70 Exchange st. dec23tf
Il NOTICE.
| WE, the undersigned having sold our Stock of
wv COAL and WOOD to Mcssrs. Randall Nc Ais.