Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1865-04-19
Little Kanawha & Elk River
PETROLEUM. AND MINING CO.
SUBSCRIPTIONS TO BE CLOSED.
Cash Working Capital, sISO,OOO,

CASH working Capitai, VhOV,VVV
oPFIcERs:
OLIVER Z. WOOD. President. r.
JAMES CRUIKSHANK Vice President.
CHARLES J. MARTIN, Treasurer.
JAMES WADSWORTH.S Secretary.
4. r. BLACKWELL, Consulting Engineer AM
General Superintendent. fg5-.
- CEH TRUSTEES: H
PAUL N. SP0FF0RD. of SpOfOrd. Tileson
Co., MY.
CHARLEsJ. MARTIN. President Home Insur
ance Co., MY. iH -
Hon. ROGER AVERILL, Dsnbury. Conn.
Hon. ALBERT q. CATLIN, Burlington, Vt.
JAMES CRUIKSHANK, 55 Broadway. N. Y.
OLIVER Z. WOOD, % Barclay street. N. Y.
JAMES WADSWORTH, of James Wadswortl
4 Co., 81 Cedar street, N. Y. ....,.
JOHN W. STRONG, Detroit. Mich.
EDWARD NJ. MORGAN, 2 Pine street, N. Y.
THE SUBSCRIPTION Is SO NEARLY
l. completed that il is intended to close the SAM
on or before the 18th Of February.
Subscriptions $3.50. 600, Of which $6OO 600 purchas
es the land-to-wit: e9.seO acres. The remaining
$3.50 900 is the permanent cash working capital Of th
Company.
Par value of shares, 800. Lands located on th,
Little Kanawha and Elk Rivers. in the counties o
Gmer and Braxton. in the very heart Of the oil re
gons of West Virginia.
Professor Richardson reports: "Your property Il
the very centre Of the West Virginia oil regions.
has numerous oil and gas springs along the banks Of
its streams, one of which vies with the famous
Burning Spring itself"
prnfessnr Shpnhnrd nf Naw Havan Cnnp m.
ports: "Iconsider u en,inenay OIL producing land
The oa-5earing shales Underlte % estensiUeSy and
The long lines Of caroNested hydrogen, or uumina'
ing gas springs. some Of tOAich I sac burning. az
nell as the appearance Of oil Itself on the surface
Of TIE tract, fully confirms me IN thfs 5e,ier.
There can6e no doubt that along your creeks and
tributaries there Is large estent Of vdlua5Le OIL
producing territory. The prodigious amount Of
6ituminous and camel COAL iron ore. Limestone and
fire cldys embodied In the high hills on Jour proper
IT, the tops and slopes ofOhich covered sottA an
extraordinary grO,1 of achite oak and other hedUy
Rm6erS, add Immensely TO its Ualue."
These views are fully indorsed by the reports Of
the 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.
Arrangements are in rapid progress for the imme-
diate development of the property, on scale com.
mensurate with its value and extent.
Subscriptions payable at the time of subscribing
rome half in cash, the balance in thirty days from
the time of closing the subscription, can be made in
person or by letter at the Office of the undersigned
Noel Cedar street, New York; ]. X. D0BSON. No
q State street, Boston; and JOHN W. STRONG
Detroit. Michigan, where full information can be
obtained.
JAMES WADSWORTa & CO.,
IN No. 6l Cedar street, New York.
NIB. Subscriptions received for the above Com.
panyby LEWIS BAKER,
feb6 Wheeling, W. V.