Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1865-05-09
Little Kanawha & Elk River
PETROLEUMAND MINING CO.
SUBSCRIPTIONS TO BE CLOSED.
Cash Working Capital, $3.50, 900.

NhSh NOTAlnS NAplkhI, S1OU,UUUs
OLIVER E. WOOD, President. r...a.
JAMES CRUIKSHANK, Vice President.
CHARLESJ. MARTIN. Treasurer.
JAMES WADSW ORTIZ. Secretary.
h. X. BLACKWELL, Consulting Engineer and
General Superintendent. ....'
PAUL N. SP0FF0RD, Of SpoGord, Tileson 4
Co., N. Y.
CHARLES J. MARTIN. President Home Insur-
ance Co., MY.
Hon. ROGER AVERILL Danbury. Conn.
Hon. ALBERTZ. CATLIN, Burlington, vt.
JAMES CRUlKSHANK, 55 Broadway, N. Y.
OLIVER E. WOOD, 26 Barclay street. NY.
JAMES WADSWORTH, of James Wadsworth
4 Co.. 81 Cedar street, NY.
JOHN w STRONG, Detroit, Mich.
EDWARD NJ. MORGAN, 2 Pine street, N Y!
THE SUBSCRIPTION Is so NEARLY
i completed that it is intended to close the same
on or before the 18th Of February.
Subscriptions $3.50 COO of which 5000, 900 purchas-
es the land-to-wit: 50, $3.50 acres. The remaining
$l5OOOo is the permanent cash working capital of the
Company.
Par value of shares, 800. Lands located on the
Little Kanswha and Elk Rivers. in the counties of
Gmer and Braxton. in the very heart of the oil re-
gons of West Virginia.
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 vies with the famous
Burning Spring itself"
90
ports "IcOnsider % eminently oil producing land
The oil-6earing shdles u,tder1ie 1t eetensigeIy and
the long lines Of fcardUretted hydrogen or Iuminat-
ing gas springs some of ao6ich. saao burning as
soeV as tho appearance of oil Itself on the surface
Of the tract fully confirms me In this 6e,ief.
There can be no doubt that along your creeks and
tributaries there Is large ertent of Va1uable OIL
producing territory. The prodigious amount Of
6ituminous and canned coal, iron ore limestone and
fro clays embodied IN the high hills on sour proper
IT, the tops and slopes of ,OhicA are coUered sOih an
extraordinary gro,oM cfaO1ite odb and other AeGvy
tim0ers. add Immensely to tts va1ue."
These views are fully indorsed 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
having secured the services of Mr. Blackwell, a
practical civil engineer for the general superntend
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 aud extent
Subscriptions payable at the time Of subscribing,
or half in cash. the balance in thirty days from
tho time of closing the subscription, can be made in
person or byletter at the office of the undersigned
No 6l Cedar street, New York; ]. X. DOBSON. No.
AZ State street, Boston; and JOHN W. STRONG,
Detroit Michigan, where full inforr alton can be
obtained. 'V.-t .
JAMES WADSW0RTa 4 CO.,
No. 6l Cedar street, New York.
NE Subscriptions received for the above Com
panyby LEWIS BAKER,
feb6 Wheeling, WV