Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1865-04-13
Little Kanawha & Elk River
.PETROLEUMAN MINING co.
SUBSCRIPTIONS TO BE CLOSED.
Cash Working Capital, SI5O,OOO.

Cash Working Capital, Sl5O,OOO.
OLIVER E. WOOD, President.
| JAMES CRUIKSHANK Vice President.
CHARLES J. MARTIN, Treasurer.
JAMES WADSW ORTIZ. Secretary.
e. r. BLACKWELL, Consulting Engineer and
| General Superintendent.
TRUSTEES: .....
PAUL N. SP0FF0RD. of Spofford Tileson &
Co., MY.
CHARLEsJ. MARTIN. President Home Insur-
ance Co., ".
Hon. ROGER AVERILL, Danbury. Conn.
Hon. ALBERTZ. CATLIN, Burlington, vt.
| JAMES CRUIKSHANK, IS Broadway, N. Y.
OLIVER E. WOOD, 26 Barclay street, MY.
| JAMES WADSW0RTH, of James Wadsworth
& Co.. 81 Cedar street, N. Y.
| JOHN w. STRONG, Detroit, Mich.
| EDWARD NJ. MORGAN. 2 Pine street, Y.
THE SUBSCRIPTION is so NEARLY
l. completed that tits intended to close the same
on or before the 18th Of February.
Subscriptions, $75O.OOO of which 5000 600 purchas
es the land-to-wit 62.SeO acres. The remaining
$3.50 900 is the permanent cash working capital Of the
Company.
| Par value Of shares, 500. Lands located on the
Little Kanawha and Elk Rivers, in the counties of
Gilmer and Braxton in the very heart of the oil re-
gions of West Virginia.
| Professor Richardson reports: "Your property is
the very centre of the West Virginia oil regions II
has numerous oil and gas springs along the banks of
its streams, one of which ves with the famous
Burning Spring itself"
Professor Shepherd, Of New Haven. Conn.,, re-
ports "Iconsider u ezninently oil producing land
The oilbedring shales Undcrlie 10 extensively, and
the long lines Of cdr6uretted hydrogen, or Numi'sat-
ing gas springs, some Of echich sGeo burning, as
areU as the appearance Of oil Itself on the surface
Of the tract, fully confirms me IN this belief.
There can be no doubt that along your creeks and
tributaries there Is large estent Of Udlud6Ee OIL
producing territory. The prOdigious amount Of
6tuminou8 and camel coal iron ore, limestone and
fire cldyS embodied In the high hills on sOur proper
ty, tie tops and slopes achich are cOUered 1oin
extraordinary grO,oM Of soAite oak and OtaerAeagy
tina6ers, add immensely to dts Value."
These views are fully Endorsed by the reports of
the most practical and experienced men from the oil
districts of both Pennsylvania and Virginia.
The Company consider themselves fortunate in
having secured the services of Mr.. Blackwell, a
practical civil engineer, for the general superntend
ency. so well known as tho late Chief Engineer and
Superintendent of the Commissioners Of Wash
ington Heights, New York City.
Arrangements are in rapid progress for the imme-
diate development of the property, on a scale COM
mensurate with its value and extent.
Subscriptions payable at the time of subscribing,
or one-haf in cash, the balance in thirty days from
the time of closing the subscription, can be made in
person byletter at the Office of tho undersigned,
No 81 Cedar street, New York; j. X. D0BSON. No.
42 State street, Boston; and JOHN w. STRONG,
Detroit, Michigan, where full inform alton can be
obtained.
JAMES WADSWORTH & CO.,
No. 81 Cedar street, New York.
NIB. Subscriptions received for the above Com
panyby LEWIS BAKER,
feb6 Wheeling, W. V.