Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1865-06-15
Little Kanawha 6 Elk River
PETROLEUM and MINING co.
SUBSCRIPTIONS TO BE CLOSED.
Cash Working Capital, SI5O,OOO.

Cash Working Capital, SISO.OOO.
70 ..t.I.' .uI opp,otns iiTi1 Al .I'|'''.r
OLIVER r.. WOOD, President. .'D''.'.'. '-'
JAMES URUIk SHANK. Vice President.
CHARLES j. MARTIN, Treasurer. .it N
JAMES WADSW0 Secretary. ,H ..- ,'E
e. R. BLACKWELL, Consulting Engineer and
General Superintendent f'
TRUSTEES:
PAUL N. sPoFF0RD, of spoaord Tileson &
Co., .' "a.
= CHARLEsJ. MARTIN, President Home insur-
ance Co., N. Y.
= Hon! ROGER AVERILL. Dsnbury. Conn. ~
Hon. ALBERTZ. CATLIN, Burlington, VT. '''
JAMES CRUIKSHANK, 55 Broadway, N. f.2a
OLIVER L. WOOD, ,26 Barclay street, N. w..
JAMES WADSWORTH, of James Wadsworth
4 Co.. 81 Cedar street. N. Y.
JOHN w. STRONG, Detroit, Mich.
EDWARD M. MORGAN, 2 Pine street, N. Y.
THE SUBSCRIPTION Is SO NEARLY
i completed that il is intended to close the same
on or before the 18th or February.
Subscriptions, $75O,OOO Of which 100000 purchns-
es the land-to-wit: 62S6O acres. The remaining
$3.50 900 is the permanent cash working capital Of the
Company.
Par value of shares, 800. Lands located on the
Little Kanawha and Elk Rivers. in the counties Of
Gilmer and Braxton in tho very heart Of the olre-
gions of West Virginia. .rr e ...,,
. 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 yies with the famous
Burning Spring ITSELF" r,..
Professor Shepherd, of New Haven. Conn. re-
ports: 'Jcohsider ID etninenAy oit-producing land.
The ol-6eGriRg shdles pRdertfe u easenStUely, and
tie long lines Of cdr6Uretted hydrogen or Muminat-
ing gas springs. some Of Sohich I sdtO burning as
soen as the appearance Of oil ITSELF on the surface
Of the tract, fuXy confirms me In Mfs 6elief.
There can be no DOUBT that along your creeks and
tributaries there Is large ertent Of odJuaJIe OIL
producing territory. The prodigiogs amount Of
biuniaous and camel coal, iron ore limestone and
fire c,ays embodied IN the high htls on sor proper
IT, s tops and sIopes fqo1dc1 arc coUered aofA an
extraordinary orotO1 Of achie od6 and other hedVy
Rm6ers, add Immensely to tts Oalue." ..-
These views are fully indorscd 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
practical civil engineer for general superintend
ency 80 well known as the late Chief Engineer and
Superintendent of the Commissioners of WASH
ngton Heights."New York City. frf''-.1 -.
Arrangement, are in rapid progress for the imme-
diate development of the property. on scale com
Jnensurate with its value aud extent. " TN
Subscriptions payable at the time Of subscribing.
or one half in cash. the balance in thirty days from
the time of closing the subscription be made in
person or by letter at the Office of the undersigned,
No 81 Cedar street. New York; J. X. DOBS0N.No.
q State street, Boston; and JOHN W. STRONG,
Detroit, Michigan, where full inform alton can be
obtained. f.... -.l--...-.L
JAMES wADSWORTH 4 CO.,
No. 6l Cedar street, New York.
NIB. Subscriptions received for the above Com
panyby LEWIS bAAEh,
fob6 Wheeling, Wv.
a