Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1865-09-28
Little Kanawha & Elk River
PETROLEUMAND MINING co.
SUBSCRIPTIONS To BE CLOSED.
Cash Working Capital, $3.50, 900.

Cash Working Capital, sI5O.OOO.
OFFICERS
OLIVER T.. " wOOp, President.
JAMES CRUlkSilANK. Vice President.
CHARLES J. MARTIN, Treasurer.
JAMES WADSWORTH. Secretary.
E. R. BLACKWELL, Consulting Engineer and
General Superintendent. ..f.. ..t..l
TRUSTEES:
PAUL N. sPoFFoRD. of spofOrd TilesOn q
Co., Y. 'H .-..f.+
CHARLES J. MARTIN. President Home Insur-
ance Co., NY. lH' he ,'
Hon. ROGER AvERILL, Danbury. Conn.
Hon. ALBERT z. CATLIN, Burlington, vt.
JAMES CRUIKSHANK, IS Broadway, NJ
OLIVER E. WOOD. 26 Barclay street, NY.
JAMES wADSwORTH. of James Wadsworth
Co.. 81 Cedar street, N. Y.
JOHN W. STRONG, Detroit. Mich.
EDWARD NJ. MORGAN. 2 Pine street. N. Y.
THE SUBSCRIPTION Is SO NEARLY
J. completed that it is intended to close the same
on or before the 18th Of February. t.,e .-.... ..
Subscriptions, $3.50 900, of which 5000 900 purchas-
es the land-to-wit: e2,ssO acres. The remaining
is the permanent cash working capital of the
Company.
Par value Of shares, 500. Lands located on the
Little Kanawhs and Elk Rivers, in the counties of
Gimer and Braxton. in the very heart Of the oil re-
eions Of West Virginia. :. .-..'- .......f..,i
Professor Richardson reports: your property Is
the very centre of the West Virginia oil regions. It
has oil and gas springs along the banks Of
its streams, one of which vies with the famous
Burning Spring itself" av ..
Professor Shepherd. of New Haven. Conn.,. re-
ports: "Iconsider u en,ineaty OIL producing land.
The oi-bearing shales underlie u estensiuely and
tie long lines of odr6Sreted hydrogen. or Mumiaat
ing eas springs. some Of aoAich saw burning, as
soeu as the appearance of Oh Itself on the sur,acs
Of the tract fully confirms me IN TITS oeIisf. oiE
There can be no doubt hat along your creeks and
tributaries there is large ectent of catua6ls OIL
producta0 territory. TIE prodi0ioSs amount Of
6ituminoss and camel COAL iron ore. imsstone and
fro clays embodied In tie high hills sour proper
IT, the tops and slopes of toAicA are copered toiA
extraordinary 0roa0tA of sOAits odk and other heavy
sin,bsrs. add Immensely to its va1ue." b ~
These views are fully Endorsed by the reports Of
the most practical and experienced men from the oil
districts Of both Penhsylvanis and Virginia. s'ss
The Company consider themselves fortunate in
having secured the services of Mr.. Blackwell. q
practical civil engineer. for the general supernend-
ency. so well known rs the late Chief Engineer and
Superintendent of the Commissioners of Wash
ington Heights, NEW York City. d 4 --1,a sa.i
Arrangements are in rapid progress for the imme-
diste development of the property. on q scale com
mensurate with its vslue and extent. la 57al
Subscriptions payable at the time Of subscribing.
or rone-half in cash. tho balance in thirty days from
tho time Of closing Subscription. can be made in
person or byIstter st the Office Of the undersigned,
No 81 Cedar street. New York; j. K. DOBS0N. No.
a State street.. Boston; and JOHN w. STRONG,
Detroit. Michigan, where full information can be
obtained. r7slilJt.5s s4lifnts
JAMES WADSW0RTH 4 CO.,
.nfGusa No. 81 Cedar street. New York.
:, N. b. Subscriptions received for the above Com
panyby M 80 LEWIS BAKER,
febs 7c ID rao Wheeling. WV.
40 f..H s.srf q