Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1865-10-19
Little Kanawha & Elk River
PETR0LEUMAND MINING CO.
SUBSCRIPTIONS TO BE CLOSED.


Cash Working Capital, sI5O,OOO.
W. l oFFIoRRs
7 OLIVER X. WOOD, President.
JAMES CRUlKSilANK. Vice President.
CHARLES J. MARTIN, Treasurer.
JAMES WADSW0RTH. Secretary.
Z. R. BLACKWELL, Consulting Engineer and
General Superintendent. t
PAUL N. SP0FF0RD, of Spoford Tieson 4
Co., Y. ....... .If
b, CHARLEsJ ]. MARTIN. President Home Insur-
ance Co., Y. cerr, "i #t
!, Hon. ROGER AVERILL, Danbury. Conn.
Hon. ALBERTZ. CATLIN. Burlington. vt.
~ JAMES CRUIKSHANK. IS Broadway. N. Y.
OLIVER Z. WOOD, 26 Barclay street, N. Y.
JAMES WADSWORTH, of James Wadsworth
Co.. 81 Cedar street, N. Y.
JOHN W. STRONG, Detroit, Mich.
EDWARD NJ. MORGAN. 2 Pine street. Ny
UNHE SUBSCRIPTION Is SO NEARLY
j. completed that it is intended to close the same
. on or before the 18th Of February. .n1 1Hi
Subscriptions $780, OOO of which 5000 600 purchas4
es the land-to-wit: 81 $50 acres. The remaining
$50 is the permanent cash working capital Of the
Company. 500 s ahi J .'s1
Par value of shares, 500. Lands located on the
Little Kanawha and Elk Rivers, in the counties Of
Gilmer and Braxton in the very heart Of the oil re-
gions Of West Virginia. j) t, F4E
q 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" i2'l 'I'
Professor Shepherd, Of New Haven, Conn.,. re-
ports: "Iconsider 10 ehinenAv OIL producing land.
The oabedrtn1 shdles Underlie Il eStensiUely, and
tie long lines of car6uretted hydrogen, or Hlumidt
ing gas springs. some Of sohich satO burning, as
seu as tie appearance Of oil Itself on tho surface
Of TIE tract, fully confirms me In this 6eief. .,
7asre can DO no doubt that along your creeks and
tributaries there 20 large egtent Of oalua6Is OIL
producing territory. The prodigious amount Of
6itHminoss and camel COAL iron ore. limestone and
fro clays embodied In the high hills on sour proper
H. the tops and slopes Of achich arc coUered soih an
extraordinary groson Of sOAie oqb and other AeaUy
Hns5srs. add immensely to tts ea1ue." s.ii'
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 superintend-
ency. 50 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 and extent.
Subscriptions payable at the time of subscribing.
or one-ha in cash. the balance in thirty days from
the time of closing the subscription, can be made in
person or byletter at the Office Of the undersigned.
No OF Cedar street, New York; J. K. D0BSON. No.
A State street, Boston, and JOHN W. STRONG.
Detroit. Michigan, where full information can be
obtained.
JAMES wADSwORTa 4 CO.,
q1CNo W" No. 81 Cedar street. Now York. !
q NIB. Subscriptions received for the above Com
panyby LEWIS BAKER,
febs ..5. Wheeling. WV. |