New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1865-02-24
Petroleum.
PROSPECTUS

PROSPECTUS
FEE SIMPLE PETROLEUM COMPANY,
VIRGINIA
ORGANIZED UNDER THE LAWS OB THE STATE.
OF NETWORK
CAPITAL. 30O, 600 SHARES.
PAR VALUE. TWO DOLLARS
80, 900 SHARES RESERVED IN THE TREASURY
FOR WORKING CArTAL
OFFICE OF THE COMPANY, NO. 1 HANOVER
SQUARE, NETWORK.
gAlfUEL ENGLE, NewYork
ver.Presidert;
Russell sTEBBINs. IT,, New-Yerh
Treasurer:
WIN. IRVING CLARK, New.yorG
Secretary;
SIDNEY ASHMoRE, New.YoTk
Trus,eeG
SAMUEL ENGLE, No 100 Frontst., HewYorh
HERMANN BArGER. No. G. Wa,r.st.. NewYork
j. O. WILLIAMS. No. l29 Maidrn-0p-. New. York
WIN. MARCHANT, No. Hanover square, N.wyork.
Russell STEBBINs, IT,, No. Flercher-s,., New YORK.
JAS A. WEBB. No. l65 Pearls, Eew.Yo'A
D. MILLS, Nos 10 aud IS Custom. Houses, Boston.
sCUDDER CARTER, No &C WsIl.s.., New York
TIE properly consists Of hundred and thirty nine and
half In Fee, situated Horse Neck tributary OF
Ball Greek or the Ohio River. Peasants County wetern
Virgins within aud ousha miles OF the Ohio district
recently discovered TO be than usually productive Of
Petroleum there being dry well IN the n,ighborhood 40
abundant oil hs, been struck iu INSTANCE where
depth Of something less than i've hundred feet has been
reached possesses the advantage OF easy and cheap trans
port.ton for TIE 10 aud Is the principal Of
supply the country which, added 10 the quality OF
OIL gravity being forty degrees gives additional
vans produe, OF from i've dollars 10 si1 dollars per
barrel.
FIVE have been granted the property TO parties
who are sinking sEvEE wells. WHICH ARR ALREADY
pows THREE HUNDRED AND yirrr PERT. vorR HUNDRED
AND rHaKR TzEr AND rouR HUsURED THRIFT FEET
xwspycrIyELY other four with snnes the ground
being rapidly and preparation made Tor sinking
four wells on tie came leases.
Within radius Of one thou feet there produc
ing wells oil which yielding hundred barrels
l-r diem The c.lebr,tsd 0yLLEs well within seventy
Ave TO-, of,he lines o. the property The well lately
by the sw'ou Farm Company adjacent aud within
ten feet the producing Wen sunk by tie Chey Run aud
Pithoe Company.
Within radius Of three quarters OF milo, there are up
ward Of vrvrr well. going down.
The property sdesnt 10 that Of the Tack Petroleum Com
r.ny where well, have recently been struck sud who
draw thrii production from se, Of nine This Com
p.ny paid regular monthly divide d. Of two cen, on
ave hundred thousand dollars snce 10 organization last
November.
Applications are eon,snty made by parties for fsT.her
lsss,s the Compsnys property to GIVE hal the OIL and
bouus OF from thousand dollars three thou.and dollars
according location Tho company has room to grant sIyTT
such leeses
sbundan WORKING cspis hes hem set aside for the de-
yeloprn.p OF OF the best locations the proper'y TIE
Coulpsny wi have ensines. bui dngs tubing tools tank'
burf. kc ground and III. work MI be pushed visor
oo.y by cspabls Superintendent, who will also s!esd 70
prompt collection Ct royalties nom le"eea
BOOKS or SUBSCRIPTION TO ONE HUNDRED
THOU SAND SHARES Al ONE DOLLAR arc opened at
MARCnASr BROS. No. fianover-.qusre. Newton
SAMUEL EN0LE Co.. No. $50 Fronts,.. New York
uT MILLS Co. Noe band IS Custom ou'esi. Boston
TACK BROS, No. III wslnutst FhIisddphia-
JAMFs A. WEBB Co, No. is5 Prarlst. Nsw.Yofh
CLARK L sTEBBlSs. No 9 fle ebsrst, New York.