Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1865-11-16
Little Kanawha & Elk River
PETROL EUM and MINING CO.
SUBSCRIPTIONS TO BE CLOSED.
Cash Working Capital, sI5O,OOO.

Cash Working Capital, sI5O,OOo.
OFFICERS
OLIVER y. WOOD. President. .--
JAMES CRUlkSiiANK Vice President.
CHARLES J. MARTIN, Treasurer.
JAMES WADSW0RTH. Secretary.
L. R. BLACKWELL, Consulting Engineer and
General Superintendent.
TRUSTEES:
PAUL N. sPoFFORD, of SpOford TiesOn 4
Co., Y.
-GHARLEsJ. MARTIN. President Homo Insur-
ance Co., NY. .-a.- ~ .--
Hon. ROGER AvERILL. Danbury Conn.
Hon. ALBERT z. CATLIN, Burlington, Vt.
JAMES CRUIK SHANK, IS Broadway, N. Y.
OLIVER E. WOOD, % Barclay street, N. Y.
JAMES WADSWORTH, of James Wadsworth
q Co.. 81 Cedar street, N.Y. fjs, lt
JOHN W! STRONG, Detroit, Mich.
EDWARD M. MORGAN. 2 Pine street. N. Y.
THE SUBSCRIPTION Is sSONEARLY
Il completed that tits intended to close the same
on or before the 18th Of February. egt
Subscriptions $3.50 900, of which s6OO, 900 purcbas
as the land-to-wit: 62S6O acres. The remaining
10000 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
,lmer and Braxton, in the very heart Of the oil re-
ions Of West Virginia.
Professor Richardson reports: "Your property is
Ihe very centre of the West Virginia oil regions. II
as numerous oil and gas springs along the banks of
IS streams, one of which 'vies with the famous
Burning Spring itself"
Professor Shepherd, Of New Haven, Conn.,. re-
,orts 'Iconsider it emtnently oil producing land
RE oit-bearin0 shdles Wnderlie estensioety, and
re long lines of cdr6vretted hydrogen, or Munindt
sg gas springs, sorns of tohich / saw burning, as
-su as the appsarance Of oil itself TIE surfdce
m 1strdct, fully confirms me In thfs belief. 7ss ~
There can be no doubt that along your creeks and
tributaries there Is large eStent Of cdlua0ts OIL
reducing territory. The prodigious amount Of
luminous and cannetc COAL iron ore limestone and
re clays embodied In tie high hills on Jour proper
w. the tops and Slopes of iohicA copered aoih an
otraordinbSy oro0th Of sohtte oak and other heaUy
ina6ers, add Immensely to tts Ualue."
These views are fully indorsed BY the reports Of
the most practical and experienced from the oil
districts of both Pennsylvania and Virginia. at
The Company consider themselves fortunate in
having secured the services of Mr.. Blackwell. a
practical civil engineer for the general superntend-
ency. so wen Known as the late Chief Engineer and
Superintendent of the Commissioners of Wash
jngton Heights, New York City. ~. ~,
Arrangements are in rapid progress for the imne-
diate development of the property. on scale com,
mensurate with its yslue and extent. ~ nv ~
straightforward at the time of subscribing.
ne-haf in cash. the balance in thirty days from
the time of closing tbs subscription be made in
person or by letter at the Office of the undersigned
No6l Cedar street, New York; J. x. DOBS0N. No
a State street. Boston; and JOHN W. STRONG
Detroit, Michisan. where full inform alton can b.
&. JAMES wADSwORTa & CO.,
No. 81 Cedar street, New York.
NIB. Subscriptions received for the above Com
panyby LEWls BAKER,
feb6 Wheeling. WV.