Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1865-09-15
Little Kanawha & Elk River
.PETROLEUMAND MINING co.
SUBSCRIPTIONS TO BE CLOSED.
Cash working Capital, 10000.

Cash Working Capital, sl5o,O0o.
OFFICERS
OLIVER v. WOOD, President. Ea.rr .
JAMES URUIkSliANK. Vice President.
CHARLES ]. MARTIN, Treasurer.
JAMES WADSwO Secretary. ~
Z. R. BLACKWELL, Consulting Engineer and
General Superintendent.
TRUSTEES:
PAUL N. SPoFFoRD,, of spoFOrd TilesOn &
Co., N. Y.
CHARLESJ J. MARTIN. President Home Insur-
ance Co., N. Y.
Hon. ROGER AVERILL, Danbury. Conn.
Hon. ALBERTZ. CATLIN, Burlington, Vt.
JAMES CRUIKSHANK. IS Broadway, Y.
OLIVER E. WOOD. 20 Barclay street, N. Y.
JAMES WADSWORTH, of James Wadsworth
Co.. 81 Cedar street, N. Y.
JOHN W. STRONG, Detroit, Mich. -.
EDWARD NJ. MORGAN. Pine street, N. Y.
THE SURSCRIPTION Is SO NEARLY
i completed that tits intended to close the same
on or before the l2th Of February.
Subscriptions, $75O, ,O0o of which $6OO.o purchas
es the land-to-wit: 81, 500 acres The remaining
sl5OOOO 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
Gilmer and Braxton in the very heart Of the oil re-
gions Of West Virginia.
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" =
Professor Shepherd, Of New Haven. Conn.,. re-
ports: "Tc0asidsr 70 emiaenHy on producing land.
The oR6edrin0 sAdses Snderlie is estonst0ely, and
tie long lines Of cdr6Urettod hydrogen, or mUmtRat
ing gas springs, sons of S0AicA sdto burning, as
venRs tie appeardnce Of oil ftself on tie surface
Of fAs tract, JAlty confirms me IN tais1sIisf. W
TAere can BE- no doubt Mdt along your creebs and
tributaries Tiers is large eeteat Of Cdtud6Ie OIL
producing tsrritory. The 1rodisious amount of
6itumiaoss and camel coal iron orc. limestone and
fro c,dys embodied In tie nigh hs on Jour proper
sy s tops and slopes Of sOAicA covsrsd tOfa an
extraordinary 0rotsn of White OAK and Other heGVv
Rbaoers. add immensely to As va1uc."
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. 90 wel known as the late Chief Engineer and
Superintendent of the Commissioners Of WASH
ington Heights. New York City. ,., "a 7lr. 4 a
Arrangements are in rapid progress for the imme-
diate development Of the property, on scale com
mensurate with its value and extent. . q
Subscriptions payable at the time Of Subscribing.
or half in cash. the balance in thirty days from
the time Of closing the subscription. can be made in
person or bylstter at tho Office Of the undersigned,
No 81 Cedar street. New York; J. K. D0BS0N. No.
a State street. Boston; and JOHN W. STRONG.
Detfeit, Michigan, where full information can be
obtained. i'"'--'e'
JAMES wADSWORTa d CO.,
fTrTrvT- No. 81 Cedar street, New York.
NIB. Subscriptions received for the above Com
pany BY OJ'0l LEWIS BAKER,
febe So 18IU39Io Wheeling W'V.7