Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1865-05-06
Little Kanawha & Elk River
PETROLEUM and MINING CO.
sUBsCRIPTIONsTO TO BE CLOSED. /
Cash Working Capital, SI5O,OOO.

oOnoOhh1I CLVSEDe
Cash Working Capital, $I5O,OOO.
-...... ... oFFICERs:
OLIVER E. WOOD, President.
JAMES CRUIKSHANK Vice President.
CHARLES J. MARTIN, Treasurer.
JAMES WADSW ORTIZ. Secretary.
E. R. BLACKWELL, Consulting Engineer and
General Superintendent
TRUSTEES:
PAUL N. SP0FFORD. of SpoffOrd, Tileson
Co., N. Y.
CHARLES J. MARTIN, President Home Insur.
ance Co., N. Y.
Hon. ROGER AVERILL, Danbury. Conn.
Hen. ALBERT z. CATLIN, Burlington, vt.
JAMES ORUlKSHANK. IS Broadway. N. Y.
OLIVER L. WOOD. &c Barclay street, Ny.
JAMES WADSW0RTH, of James Wadsworth
& Co.. 81 Cedar street, N. Y.
JOHN w. STRONG, Detroit, Mich.
EDWARD NJ. MORGAN. Pine street. Ny.
THE SUBSCRIPTION Is SO NEARLY
l. completed that tits intended to close the same
on or before the 18th Of February.
Subscriptions, $3.50 O0O of which 5000 900 purchas-
es the land-to-wit: g., $50 acres. The remaining
$500 is the permanent cash working capital of the
Company.
Par value of shares, $780, Lands located on the
Little Kanawha and Elk Rivers in the counties of
Glmer and Braxton in the very heart Of the oil
gions of West Virginia. -f
Professor Richardson reports: "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: "Ioonstder 1t eminenty oil producing land.
The oil6earing sAdleS underlie d estensirely, and
the long lines Of car61rettsd hydrogen, or illuminate
ing gas springs some Of aohioA sGao burning, as
sOeH as the appearance Of oil itself on the surface
Of the tract, fully confirms me In this belief.
There can be no doubt that along your creeks and
tributaries there 10 large sstent of valua6le OIL
producing territory. The prodigiouS amount of
bituminOus and camel COAL iron ore limestone and
fro clays embodied IN the high hills on gour proper
ty the tops and slopes of sohch cooered aoith an
extraordinary 0ro,cth Of aclie odb and other AeGcy
tim6ers, add Immensely to its ualue." ...e-1
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, q
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 imme-
diate development of the property. on scale com
mensurate with its value and extent. -r .r.
Subscriptions payable at the time of subscribing.
orone-ha in cash, the balance in thirty days from
tho time of closing the subscription, can be made in
person or by letter at the Office Of the undersigned,
No 81 Cedar street, New York; ]. X. D0BSON, No.
AZ State street, Boston; and JOHN W. STRONG,
Detroit. Michigan, where full inform alton can be
obtained. ,u,.a..s -taE .t.. .ft... H...
ri urie. JAMES WADSWORTa 4 CO.,
...t OF fa. No. 61 Cedar street, New York.
NIB. Subscriptions received for the above Com
panyby NJ. 81; . LEWIS BAKER,
feb6 r,9 o. .-- Wheeling W.. V.