Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1865-07-22
Little Kanawha & Elk River
PETROLEUMAND MINING co.
SUBSCRIPTIONS TO BE CLOSED.
Cnsh Working Capital, sIso,ooo.

Cash Working Capital, 10000.
1o9a id4a' orr1cEHs ll3''ii'' 40 y
OLIvElnE. WOOD, President. 9al '"''''
JAMES URUlkSllANK. Vice President. ifj'p @
CHARLESJ. MARTIN, Treasurer. uq3I -'9di Oh
JAMES WADSWOR Secretary.
e. R. BLACKWELL, Consulting Engineer and
General Superintendent.
TRUsrEEs:-
PAUL N, sP0FF0RD. of spohOrd Tileson q
Co., MY. 'Ii'.. u-It'@' ltt'''.' "
CHARLEsJ. MARTIN. President Home Insur-
ance Co., N. Y.,ft al .n3jaHF r2-N 'N'
Hon. ROGER AVERILL, Danbury. Conn. 10
Hon. ALBERTZ. CATLIN. Burlington. vt.
JAMES CRUIKSHANK, IS Broadway, N. Y.
OLIVER Z. WOOD, 20 Barclay street. Ny.
JAMES WADSWORTH. of James Wadsworth
q Co.. 0l Cedar street, Ny. ''h '''''
JOHN W. STRONG, Detroit, Mich. Il'lJI .
EDWARD M. MORGAN. 2 Pine street. N. Y.bll..
THE SUBSCRIPTION rs so NEARLY
Il completed that il is intended to close the same
on or before the 18th Of February. -
Subscriptions, $3.50 900, of which $500 600 purchas-
es the land-to-wit: 81, 500 acres The remaining
sl5oOoo is the permanent cash working capital Of the
Par value of shares, $l00. Lands located on the
Little Kanawha and Elk Rivers. in the counties of
Gimer and Braxton, in the very heart Of the oil re-
gions of West Virginia. l,i.o..
Professor Richardson reports: "Your property is
the very centre Of the West Virginia oil regions. II
has numerous oil and gas springs along the banks Of
its streams. one of which vies with the famous
Burning Spring ITSELF 5ie ylI...eE .;,l'.lj
Professor Shepherd, of New Haven. Conn, re-
ports: Jcohsider 10 6nainenRy OIL producing land.
Tho oil6earin0 shdles &,sdertie Il epten8itely, and
tie long lines Of oar0aretted hydrogen, or iuaaindt
ting Sas spria0s, come Of sohich + sGw burning ds
soeN as the appearance Of oil itself on tho surface
Of tho tract, fully confirms me in k9is belief n o.
There can BE- no DOUBT that along your creeks and
tributaries theretS large ertent Of cayuu6te oH-
producing territory. Tho prodi6ioWs amount o.
6ituminous and cdnael COAL iron ore, Limestone and
fire cIays embodied In tie high Aazs on sopr proper
IT, the tops and slopes of Aich are coUered aOiA
extraordinary oroto Of aohite odk and other hedvy
Rn6ers, add tnraenscly to its odlie." '' i."I+H
These views are fully Endorsed by the reports Of
the most practical and experienced men from the oil
districts Of both Pennsylvania and Virginia. ISL.
The Company consider themselves fortunate in
having secured the services of Mr.. Blackwell, a
practical civil engineer fer the general superntend
ency, SO we'll known 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,
or one-hal in cash. the balance in thirty days from
the time of closing the subscription, be made in
person or by letter at tho Office of the undersigned
No 6l Cedar street, New York; ]. K DOBS0N. No.
a State street, Boston; and JOAN W. STRONG,
Detroit. Michigan, where full inform alton can be
obtained.
JAMES WADSwORTa 4 CO.,
or No. 81 Cedar street, New York.
B. Subscriptions received for the above Com
panyb by . .r LEWIS BAKER,
feb6 Wheeling, W. V.