The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1865-01-09
MISCELLANEOUS.

lhANkLlN HAVEN JA-s n. W. SAAh7s
. WILLIAM LINCOLN, =. T. SMITH,
D. n. yEoMAHs, J. II. cLAPP, 4
rr- &c. RATES
a 49,
Capital, ........................... $45O, 900
Ms mbcr Of shares,.-...........-. o0yOOO
w orhRng Capital. .s............ $4,000
The Directors Of this Company take pleasure in
presenting to the cap talists and the public Of New
England a chance to invest In Petroleum stock
that offers immediate returns as wei ssawe PROS.
pects OF realizing income that will amply reward
such Investments
The Property ~ the Company Consists
lst-Of a perpetual lease Olive end one-half acres
of and with inc fixtures and buildings, being
part of the Miller Farm, about five miles below II
tusv lie, on Oil Greek, at the mouth OF HemlocA
Run. Solo
The Oil Greek Railroad runs directly through this
property, which enhances the value Of the product
fu ly one dollar per barre, there ing no car ing.
No finer boring rrilory being found the whole
ength of Oil Greek than on this section. On t5s
land tnereis one well now producing sixty barrels
of Oil pei day. worth at the well twenty dollars per
barrel. 81 2f atA i4 AGO
This well being neso one, we have every prospect
of increasing to much larger yield, IS most o.
the pumping wells on the creek have cone hereto
fire. For this well alone the Company are now o.
fered t76 roo cash. We have this track room
for at least tea mo wells. One well win be pu
downimmed ateiy upon the arrival of the engine
and tools which the company already own.
Mich better results are expected from this terri,
tory than already obtained when shall have suuk
the other well slmsst every well sunk in this vi
oiaity has be eminently successful for instsnce,
the sNob'e Well" only three miles below US. with
surface indications inferior TO ours when the oil
struck flowed two Thousand barre a day for year,
aud its nrtuna possessors became milonai.es :
Now our chance of strk ing similar Deposit reat-
y superior, being the cen er of the great OF
Basin Should well of this kind be struck, at tao
present prise CT oil, it yield income of So
cooper osy, or ever 81. % 600 per annum. Thi
would in1eed be prize; and facts show that it is
all chime icll for IT has been done in our eligible
hood. and We do not see way our chance lie not goe
or doing the same thing. h1ss 1ae
1ssNo 2. Fee simple of two hundred and sixty five
acres Of ard IN Oil Creek snd Spring Run, six
miies from T.tusville, large portion IF which is
boring territory, and from gu lace Indications we
have every reason to beli5ve that this win prove
equally as valuable as land below Tit1syile. Par
ties are sinking wells on land adjoining
So isfactory results. .5aa sla1 as6aa ~
No. 8. Twenty four acres of fats ru ming across
the south end of Morgan Jenninss' farm. say two
miles north Of Coopefstown Forty years lease, re-
corded Eine-tepths Of oil on first tive acres three
fourths Of oil on residue. One derrick up. Prop1ie-
tor pays all tax es making it BIT tier than decd
Rochester firm, Messrs nnghes, Crane & Co have
similar lease scross north cid of this farm and are
improving il with the greatest energy.
III land wasYery refully selec.e ed last August
by most experienced expert, andi- unsufpas ed on
the Creek. The Gil is heavy lubricating oil, SELL
ing at the wells FIR twenty five dollar per barrel
ana rom the superior loo alton of his property
gether witha large amount of money now deyelop-
ing inthis locality the comp my most tious-
ly deem this tract OF very great value Its in oi.
rect range with the celebrated Tarr Farm, and
every foot OF the territory is excellent boring land
whileits proximity TO the arktt renders it OF en-.
HANGED value.
No 4. Fee simple of one hundred and thirty acres
ON Musquito Creek in Mecca, Ohio, on which ~ 9
have thres wells in operation, yielding about four
barrels per day ofthe very finest lubricating oil in
the world brins ling readily fifty dollars per barrel
at the well, Or sixty dol airs IN Eastern Markets
Responsible parties stand ready to take all the oil
raised at thai price. hese wells areover four years
old aud it is expected when we sh all have new
well down, we srall get at least fUe-barrel well
One WELLS nearly oil dep now. and in the course
of thirty days will be producing No well was ever
sunk ON this territory that was not paying one
Thi oils found at depth of sixty five feet which
e9ab es US to sink wells at slight expense.
2 The Phillips Oil Company are sinking wells on
land adjoining us at a greater depth, with every
show of getting flowing or iargs pumping wells
On this property we have two large houses, new
barns, office. oil refinery Jour first class engines,
pumps, tubing, teams and everythi1 complete Tor
carrying large oil business. Plenty of the bsst
OF hard wood growing this property enables US to
get our fuel at cost of cutting and hauling, as all
our engines burn wood alone. Splendid timber for
slaves and other purpos is found in great quaint
ties
The Directors feel in putting this stock upeu The
Market, they are holding out and better induce
ments to subscriber than has heretofore en offer.
cd; for, while the wells in &C nal operation
oil enough to pay Immediate dividends of at least
wo per cent month, as the yield noso amounts to
800 per day or S2loo Per annum, there are
also future prosp cts unsurpassed by other Com
plny in having plsnyofb rng terri DRY on Develop.
ed lands, and plenty OF laud whers the excitement
has but late reached. which enables us to derive
benefit both from old and new territory, ana on
which the dsyelcpaments win be vigorously Iu he'd
We would clcse this prospectus by stating that tne
Company Is entirely New England enter rise,
managed by well known par les, some Of ths m OF
gr at exp srience in the Pet oeum business. Sub.
scrption books viii be found with 5sA
! Messrs j. Ii. CLAP & Co., Bankers, 81 State st.
&c. BATES. Esqs,s Merchants Row.
isas Messrs. VIM. LINCOLN 8 Co. 10 CentfalSt.
"a Messrs. E. & r. W. SEARS, l04 State st. -
& Since the above was written we have received ad.
vices that one of the new wells on the Mecca DR.
ty has reached Gill; and now Yields twenty barrels
per d'y. AS soon the tubing is put down it till
probab greatly increase. 80 ~
Subscription Books, for Iimitei number of Shares
viii be open 1.-THE offices of J. G. PROCTOR, ESQ.,,
Lime 1t near P, o., and at J. -. BRowE's Banker,
No. 20 Exchange st. aia-i8sr d. s. dec23tf