Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1865-10-06
Little Kanawha & Elk River
PETROLEUM. AND MINING co.
SUBSCRIPTIONS TO BE CLOSED.

Cash WORDING Capital, SI5O,OOO
OLIVER \. w0Op, President.
JAMES SURUIkSllANK. Vice President.
CHARLES J. MARTIN. Treasurer.
JAMES WADSW0RTH. Secretary.
E. R. BLACKWELL. Consulting Engineer and
General Superintendent. .r.
TRUSTEES:
PAUL N. SPOFF0RD. of SpOford TilesOn 4
Co., MY.
CHARLESJ. MARTIN. President Home Insur-
ance Co., MY.
Hon. ROGER AvERILL. Danbury. Conn.
Hon. ALBERT z. CATLIN, Burlington, Vt.
JAMES CRUIKSHANK. IS Broadway, N. Y.
OLIVER E. WOOD, 2e Barclay street, Y.
JAMES WADSWORTH, of James Wadsworth
Co.. 81 Cedar street, NY.
JOHN W. STRONG, Detroit, Mich.
EDWARD NJ. MORGAN. Pine street, Y.
THE SUBSCRIPTION Is so NEARLY
i completed that tits intended to close the same
on or before the l2th Of February.
Subscriptions s75O ooo of which $500 900 purchss-
es the iand-to-wit: o. $50 acres. The remaining
$50 900 is the permanent cash working capital Of the
Company.
Par value Of shares, Sioo. Lands located on the
Little Kanawha and Elk Rivers, in the counties Of
Gilmer and Braxton, in the very heart of the oil
gions of West Virginia.
Professor Richardsonreports: "Your property Is
the very centre of the West Virginia oil regions. 1t
has numerous oil and gas springs along the banks of
its streams, one of which vies with the famous
Burning Spring ITSELF"
Professor Shepherd, of New Haven, Conn.,. re-
ports: "Jconsider 10 epineatly OIL producing land
The o-bedring sAdles underiie Il estensiUely, and
TIE long lines Of car6uretted hydrogen. Aumindt
ing gas springs. some Of sohich sdto burning,
weH as tie appearance Of oil ITSELF on the surface
Of TIE tract. fully confirms In this belief.
77ers can be no doubt that along your creeks and
tributaries there Is large eetent of oalud5Ls OIL
prodUctn0 territory. The prodigtous amount Of
6itumtnous and eanhelcoal iron ore. limestone and
fro clays embodied IN tie high hills on sour proper
IT, the tops and slopes Of schich coOered ,oith an
eStrdordiSory 0roto Of tohite oak and other AeaUy
ttns6srs, add Immensely to It's cdlue."
These viewsare fully indorsed by the reports Of
tho most practical and experienced 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. sl
Arrangements are in rapid progress for the imme-
diate development Of the property, on scale com
mensurate with its value and extent. o..
Subscriptionspsysble at the time Of subscribing.
oronehalf iu cash. the balance in thirty days from
the time Of closing the subscription, be made in
person or byletter at the once Of tho undersigned,
No 81 Cedar street. New York; J. X. DOBSON. No.
a State street, Boston, aud JOHN W. STRONG.
Detroit, Michigan. where full information can be-
obtained.
JAMES WADSwORTH 4 CO.,
No. 81 Cedar street, New York.
NIB. Subscriptions received for the above Com
pany BY LEWIS BAKER,
feb6 " Wheeling, WV.