Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1865-08-23
Little Kanawha & Elk River
PETROLEUMAND MINING co.
SUBSCRIPTIONS TO BE CLOSED
..-if c.fh lc 5n abr0H
Cash Working Capital, SlSo,OOo

| 'enu .houD ~
| oFFICERs
OLIVER y. WO0l,, President i"H "
JAMES ORUiKSilANK Vice PRESIDENT. 2s' i
CHARLESJ, MARTIN, Treasurer. orieQt
JAMES WADSW0 ORTIZ, Secretary. &, IN 3.
E. r. BLACKWELL. Consulting Engineer ant
General Superintendent. ,.
,'9Gh que ui rRusrEEs:
PAUL N. SPoFFORD, Of Spoaord Tieson d
Co.. N. Y. IilN oI3ul '.'tI 1'lj'''J
b GHARLESJ j. MARTIN. President Homo Insur
ance Co.. M Y. ..,'r.H ..'rt-sf
Hon. ROGER AVERILI. Danbury. Conn. ,,
Hon. ALBERTZ CATLIN, Burlington, Vt.
| JAMES CRUIKSHANK, 55 Broadway, N. Y.
OLIVER f. WOOD, 20 Barclay street, N. Y.
| JAMES WADSW0RTH, of James Wadswortf
4 Co.. 81 Cedar street, N. Y.
| JOHN W. STRONG, Detroit, Mich.
| EDWARD NJ. MORGAN, . Pine street, N.Y..
| VNHE SUBSCRIPTION is SO NEARLY
Il completed that it is intended to close the same
| on or before the 18th OF February .gaa ~ o.
Subscriptions, $75O.OOo of which seOO,O purchas-
es the land--to-yit: 90 $50 acres. The remaining
the permanent cash working capital Of the
Company tr .Gi-.'. i"e 9at'
Par value of shares, $780, Lands located on the
Little Kanawha and Elk Rivers 10 the counties Of
Glmer and Braxton in the very heart of the oil re-
gions of West Virginia. .,., an s,4r .ni.lr
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 vies with tho famous
Burning SPRING itself" ,.,, 81, .f.,f l,,s,r .it
Professor Shepherd of New Haven, Conn. re-
ports: "Iconsider IL eminenty oil producing land.
The oi-bearin1 s1dles undsrlie 10 ertensiuely and
tho long lines Of cGr6aretted hydrogen or Mun,isat
ing gas springs, some of qohich I saD burning, as
sceu as the appearance Of oil Hself on The surface
Of Metrdct, fully confirms me IN this belief. .
- There can be no doubt that along your creeks and
tributaries there Is large eetent Of cdlua6le oi-
producing territory. The prodi0iows amount Of
bitutninous and canned coal iron ore limestone and
fre clays embodied In the higA hills on our proper
IT, tho tops and slopes ofaohich are co0ered aoiA
eStrdordtHery 0rotom Of aohite oak and other heaCy
hnpJers, add Immensely to dts oalue."
These views are fully indorsed 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 superintend-
ency, so well known as the late Chief Engineer and
Superintendent of the Commissioners of Wash
ington Heights" New York City.
Arrangements are in rapid progress for the imne-
date development of the property. on scale com.
mensurate with its value and extent.
Subscriptions payable at the time of subscribing
half in cash. the balance in thirty days from
the time of closing the subscription can be made in
person or byletter at tho Office of the undersigned,
No 81 Cedar street, New York; ]. X. D0BS0N. No.
AZ State street, Boston, and JOHN w. STRONG,
Detroit, Michigan, where full inform alton can be
obtained.
JAMES WADSW0RTH 4 CO.,
No. 81 Cedar street, New York.
NIB. Subscriptions received for the above Com
panyby LEWIS BAKER,
feb6 Wheeling, W. V.