New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1865-01-12

$4,000 CASH APPROPRIATED AS WORKING
CAPITAL
SHknDKss. Woe pnxunuS,
ISAIAH LUKENs. VIM NJ. STEWART.
rREAsuRIn, SECRETARY.
VIM D. SMITH Ell HARRISON
ISAIAH LUKENs. W. d. SMITH,
ROBERT SMITH, B. TALMAGE CUSHMAN
W. NJ STEWART.
THE PROPERTY OF THE COMPANY CONSISTS OF
THE FOLLOWING:
l. Tho Js. .impi. Of ,es acres, the Cot.sr
Farm on Big Broken,raw Creek and on tbs line Of the
Philadelphia aud Eris Rsosd and half miles west Of
Garland Pittfed township Warren County Pennsyvsnia
This land situated In one Of the be, localities in the neigh
bOIhosd It takes In the whole Of tie valley for oVcrs mile
In extent. giving frontage Broiensaw Creek Of over
TWO miles I, also extends norhward over the bluff and
In considerable portion Of the Blue Eye Run r'ba
tary the Brokenstraw Brkensraw Greek take, s rse
from the cas-, side Of the bluff which gives rise to the cole
co,,er Farm 10 the Allegheny River distance Of ten miles
and thus ,ords facilities for transportation by boa. to Pitts
burgh. A, mentioned before The Philadelphia and Eric Rat
road run, directly through the property the bank II The
great OF marse, wtO- York s.d PHILADELPHIA The bluff
se from 400 to feet and In places very abruptly
There (, dam bull! the creek about midway on the
property giving immense water power to one Of the finest
and lcs constructed s,wuL In the country THIS mil at
present saw. 900 feet of lumber per day with single up
right saw. gang Of be aided a. small cost and
the mill be ade capable Of yielding revenue to the company
at equal to ordinary producing vol The binh'
abound with pine hemoct, In such quantity to keep
The mill running for several years In addition to the mill
here Is very substantial and large frame house, several
,n.er one, barns stables, blacksmith shop. carpenter
shop ee in short everything that experience oa twenty
residence taught the lato to be Necessary Tho
bottom land the ca; good arns land cleared Tor the
purpose ard from 10 to 400 IN extent The farm
.bounds with choice spo for drilling and With facilities for
tho purpose such as other lands possess Tie .yncs
hh breaks between and though the hills
AID which are v0rs localities for weus have ns streams
which viii give s1elen. water power to enable the company
immediately sinking several weL hus saving
the ,1p.nse and delay In o5tass engines derrick can be
bull. lear III. saw MILL and sesns attached thus making the
mill to doubis purpose. Tbs "sho~'' Of oil are
-qas and 10 many places superior and more numerou to
hose observed In what has proved be the best localities In
on Greek Abou. miles nom the hrrn over the oluS'
he Hosmer OIL Company. OF PHILADELPHIA drilling two
~-s on III. HO.me. Run which ,mpies into tho Broken
,r.~ Garland These ~sT. giving the mos: gratifying
violence OF existence OF oil In great quantities and have
IT. prv,snee in that region beyond doubt The
otter farm situate miles nearly due north Of the
ow rated Tideou,e, on tie Allegheny River.
q Tho Jesnpl, Of llS7 the North SSIDon Greek,
oness Township Forces. County Penn u's over the Dor
10. Of yenansO County T and In the Of the Co,ter
arm take. In the valley q. well . bluff. both .idss
nd .,-r.ed BY nunerou, ravnes and ssle streams run
ling into the salmon Greek The evidences Of oil cannot be
,,c.r.ain Sc are % marked and the rnaon Of the lsnd
s 60 favorable to the existence Of OIL that ever. GILMAN visit
In. IA, region ssys Salmon Greek bonnd to equal the
otr,nowu.d Oh Creek" and the specializing public have
their faith In IL BY leasing or nuylhS s'eiS ooo '" ~
from this eomp,ny territory to the mouth OF tho creek
about fre ns.ss well q up and down the Toresa River
fr several miles This property situate about ten ne' east
Of tho A,hsny River sbounds with the best description
Of uber-pine elcry homoek kc-whieh can be mad' 20
Weld Handsome revenue There also large deposits Of
p.unnou, Coal whichesn be worked snd will increase the
,,o, OF the company very materially Tie Development Of
m, country 4. rapidly prosressns well being sunk bali
mile from .he property. two others mile. from IT, and
the onsss River lined with them each side for miles
ma At the mouth Of Salmon Greek yielding OIL and OIL
=, han, ,in, ,ueh dIcaons while drilling that have here
too.e only the sinking Of the beet wells on vi
In addition TO this the counties surrounding Forrest
ro,xror,b SOUTH cas-. ard wesssrc all yielding OIL and
,,.., 20 tho suppOsliOn that Forrest County IL
IN m. e.pr, Of an immense basin Of oil underlying that whole
region Of country.
A ,op,peten, superin.endept-Mr FRANK D. EvRas,
has had iour yesr. experiences In the busnesshas been
Amounted and commenced operations on the lands Of
company.
LIMITED NUMBER OF SHARES
vii, h, .old a, tho above. mentioned subscription price,
o. 50 PER SHARE,
which VIII be full paa and $4,000 spilled Immediately to
IN, d.vcloppen. Of tho property, which 10 being rapidly
forward Engines sre already the ground and hys
x, ar, to BE- Immediately sunk the property BY the
, n.riene,d hands tho region can produce under