The Portland daily press., 1865-03-20
PETROLEUM.
Fe,o Shares of Stock in this Company to be had at
$50 Per SHARE instead Of $500 Per Share,
which thew should be were they rated in proportion
I to the majority of Companies, as see below Iae

|.f-s y
The following are few of the reasons for beliey-
4ng this Company to have basis SO solid and relia
BILE as to give every person interested not only
abiding confidence in the entire safety Of their in
vestment, but strong assurance Gifts great profit
ableness. ~ - L8fffA 4 4 G1n ID
m l. The property was carefully selected at period
when pick choice of the best Oil Territory was
to be had. gag - k-~A@ 5@-4
D. 1t was selected by an energetic, practical man,
then and still resident of the vicinity, most fully
acquainted with its situation and value, and after
personal and thorough examination, accepting only
the best, and rejecting many neighboring places
which have since been taken with avidity by other
parties who are now holding at an immense advance
g. The party who selected them is, and will con-
tnue to be, very large stockholder In the Com
pany. He is very respectable, energetic, driving
man. has engineered the tunnelling and other works
of railroad building, fully qualified for and has de-
Itermined to devote his energies to thorough and
efficient development of the property of this Com
pany, which fact is ofitself of immense value and
is deemed by his associate ownerss securing, it
WILL the ceaseless devotion of deeply Interested,
7 thoroughly competent, and energetic manager.
Is 4. The Company are already energetically at
work boring five wells, namely:
The Nc oy Farm Well, now so feet deep; ;gs
The Wickham Farm Well now SO feet deep:
The Sharp Farm Well, now 50 feet deep: t7
The briggs Farm Well, now 100 feet deep
The Hart Farm Well, now 300 feet deep, W.
with excellent indications of oil in EACH and have
determined, if thought best, to put down not less
than One Hundred. Many Companies have several
wells on one acre. This Company has Territory
sufficient to sink Sic Hundred Wells, allowing
more than five acres to each we'll ~sf1 n.
8. And as to the abundance of Oil in the region.
1t at time became plentiful not to be worth
the cost ofprocuring casks in which to place it. An
instance may be named in which, for want Of proper
vessels, an Ohio fatboat scow was filed in bulk
with it, which was sold at cent per gallon, but
kept until the purchaser Iesold at twenty eight
cents per GAL, or $ll 20 per barrel. ssbiea d
6. And as to the cheapness of this stock, it may
be remarked that it is well known that companies of
lOoO dollars, in lOO 900 shares, have been formed
on one hundred acres of oiland, (and often ess)
and taking this basis the shares in the Company
would not be twenty cents per share; or. making an
other comparison, share in this Company is more
than equal to having one share in twenty separate
| companies, inasmuch as the average Of each sep
| arate Farm, in this Company, forms basis for a
company by itself each Farm having so many choice
places which to sink separate wells; yet all these
benefit of each shareholder, making it equal, COM
paratiyely to sharing dividend in twenty separate
companies.