The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1865-03-25
Fe0 Shares Of Stock in this Company to be had q
$50 Per Share, instead Of $500 Per Share,
Which they should be were they rated in proportion
is to the majority of Companies, as ses below.

The following are few of the reasons for beev-
ing this Company to have basis solid and relia-
Bile as to give every person interested not only
abiding confidence in the entire safety of their in
vestment, but strong assurance ofits great profit
(; ableness 4erF
|. The property was carefully selected at period
when pick or choice of the best Oil Territory was
|. to be had. bN
2 1t was selected by an energetic practicl II man,
then and still resident Of the vicinity most fully
acquainted with its situation and values and after
personal and thorough examination, accepting only
the best, and rejecting many neighboring places
which have since been taken with avidity by other
parties, who are now holding at immense advance
3. The party who selected them is, and will con-
tinue to be, very large stakeholder in the com-
pany He is very respectable, energetic, driving
man, has engineered the tunnellng and other works
of railroad building, isfuly qualified for, and has de-
termined to devote his energies to thorough and
efficient development of the property of this Com
pany, which fact is ofitsef of immense value, and
is 50 deemed by his associate owners securing, it
will the ceaseless devotion of deeply interested,
| thoroughly competent, and energetic manager.
A. The Company already energetically at
work boring five wells, namely: l7 a-.r
The Mccoy Farm Well, now so feet deep: '-A
The Wickham Farm Well, now So feet deep:
| q The Sharp Farm Well, now 50 feet deep:
The briggs Farm Well, now 100 feet deep:
Il The Hart Farm Well, now 300 feet deep,
with excellent indications of oil in each, and have
determined, if thought best, to put down not less
than One Hundred. Many Companies have several
wells on one acre. This Company has Territory
sufficient to stink Sie Hundred Wells, allowing
more than five acres to each we'll.
| s. And as to the abundance of Oil in the region
it at one time became plentiful not to be worth
the cost ofproeuring casks in which to place it, An
instance may be named in which, for want of proper
vessels, an Ohio fatboat was filed in bulk
with it, which sold at one cent per gallon but
kept until the purchaser Iesold at twenty eight
cents per gal, or $ll 20 per barrel. ~
g. And as to the cheapness Of this stock, it may
be remarked that it is well known that companies Of
100000 dollars in lOO 600 shares have been formed
hundred acres of land, (and often on less
and taking this basis, the shares in the Company
would not be twenty cents per share; making an
other comparison one share in this Company is more
than equal to having one share in twenty separate
companies, inasmuch as the average Of each sep
arate Farm, in this Company, forms basis for a
company by itself each Farm having SO many choice
places which to sink separate wells yet all these
Farms are thrown into this one Company for the
benefit of each shareholder, making it equal, com
paratvely, to sharing dividend in twenty separate
| companies.