Smyrna times., 1865-09-20

'';::'tI'PROSPECTUSlit NJ
OF THE
CHEAT RIVER
OIL a AND MINING CO.,
WEST VIRGINIA.
OTgona~ed un1er a Charter from the State y
.t Vest Frgtnia.
Territory, 1900 Acres, ,..-River Front about s Miles
Capital Stock, 100000,
DIVIDED INTO 100000 SHARES,
Far Value, S. per Share, Subscription Price 80 ner
Share.
25OOO Shares Reserped for Working Capital.
Chief Office at MI0RGANTOwN. MONONGALIA
COUNTY, WEST VA.
Corresponding Office, at ODESSA, DEL.
Branch Office, HARPER, DURNEY g. CO.. Bank.
ers' Do South Third Street, Philadelphla.
OFFICERS OF THE COMPANE
PRESIDENT,
DIR. J.T. BIRD, N. E. Cor. Eleventh and Green
Streets, Philadelphia.
VICE PRESIDENT,
WILLIAM II. ELLIOTT, Germantown. Pa
TREASURER,
JOHN APPLETON, Odessa, Del.
SECRETARY,
Dr.. B, F. CHATHAM, Odessa, Del.
DIRECTORS,
DR.. JOHN F. BIRD, Philad'a.
w vi. II. ELLIOTT Germantown Pa
WILLIAM G. SPENCER, Germantown p,
JUHN @ APPLETON, Odessa, Del.
WILLIAM POLK,
WIN. s. VANDYKE. m
ED. C. KENMORE,
lHCS. LAVENDER, MiGdctown. Del
"M' j. GRlFFITH, Head of Sassafras. Md
IN ms company holds fee simple in tract orovcr
%'OOo acres OF land lying on the east side of Cbeat
:" rionongaha County, West Virginia, abont
river. "' 4'ionohgahela
y, me lano Is heavily tmbered with White Oak
GneSInut % ana Locust and abounds in Iron Ore and
DrlcN Iiay' OF superior qualities, and has run.
nlg throngh lis entire extent two veins of Coal ono
ieei zee and the other feet in thickness.
nf fba
hne there are numerous Salt Iicks on tha ,-y
~ anu gases escape from some OF the ravines and
springs whlch burn freely upon the application of
me mere IS river front of at least five miles in
eSlTnt' zen thus atfordng ample boring territory.
i properly Is also lntersected by small streams !
In!'iS ihto the Cheat river, along the courses n
which, no doubt, wells can be adyantaoeo"si, s',.G
IN the heghborhood of this property severnI we'll.
are e 10 progress, with fine show of oil
-. ouJ"i"ihg property, containing abont 3 500
Ies' mas very recently been sold for $500 OOO
l'e[ axes It's rise in the Alleghanies and
elnpues INTO the Monong gahea river, bout nine n,ea
pelo" Morgantown, West Virginia, and abont fnur
~ Ii'Ies from the mouth of Dunkard Creek In Co.
ECouhty, fennsylvana, consequently these tuo ;o.s
ne N the same valley, now so celebrated G.. az
yielding Of Oil. Ior the
twenty-five thousand shares of the Can;t.I Co.,
u'e oeeh aPproprla ted and set aside bv the Droo,
ofs, Tor working Capital. "e''-
, oa "e company IS now thoroughly organized with
q competent Superintendent and corps Of worL ,t
nen on the land, with new and excellent macb;nar
ana ana boring apparatus in operation for the ron;d
'eloPment of the property. ''Plu oe-
90 view OF The faering prospects for obtaining
arge developments OF oil the contgni, cc"ta'1'"g
= 'O,"e OF lhe finest oil PRODUCING rcoi, :; "a
CCIny, and the abundance of fuel nd args ae
: DoIg territory the Directors confdentI1 sn';n;
ave oelng able to make as profitable ant,G'
for the amount invested as nnv ",ba r
apitaI Stonf aln oosold only about 10000 shares of
bs b.I,no 'N' applications for suhscrip .. ions 70
s oaiance may be mnde 10 the Presiden, =. VS 70
y on,L or 10 Harper, Durney g. Co. BanIer. 1e'
hia. ''0 orahch ofhce in Phiadei. y
iunI40t u