New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1865-02-25
Ntrlerm.
DIlOSPECTUS


PROSPECTUS OF r,ru
FEE SIMPLE PETROLEUM COMPANY,
HORSE NECK. YLEAsAETs COUNTY, WESTERN
VIRGINIA.
ORGANIZED UNDER THE LAWS OF THE STATE
OF NETWORK.
CAPITAL, 30O,O1S SHARES
PAR VALUE. TWO DOLLARS.
80, 900 SHARES RESERVED IN THE TREASURY
FOR WORKING CAPITAL
OfpICE or TIE COMPANY No. ! Hanover
SQUARE, NEw-YORK.
President;
SAMUEL FNCLE New-Ye!i
vicePresS, n,i
RpssEL srEBBINs IT,, New Yeph.
Treasurcri
wM IRVING CLARK E.wYors.
Secretary;
SIDNEY ASiM0RE, Nes vOrs
Trustees:
SAMUEL ESCLE, No. 80 froH,s.-, New Yois
HERMANN BAT0ER, No. 81 wUers, NewYo
J. "a. WILLIAMS, No i?s Naidcn.ia1e, Eev.YoIt.
WM MARCIiANr. No. Hanoyer'qasre, New'foih
Russell STEBBlNS, j., No, Fletcher e., New fo's.
JAs. A. WEBB No. IS feGis,., Hew.Yors.
DIT MILLS, Nos. 10 aud Is Coscmlio,sa,ti Boston.
Counsel:
sCODDER CARTER. 10. Go ws'i.,, Ee~.Yo
Tho property consists o. one hundred and thirty nns and
ono ,N scs.in Fee situated Horse Neck Tributary Of
Bru Creek The Ohio River Pheasant. Comfy Wo'tsrn
Virginia within two and onsalf nile, Of the Ohio district
recently discovered - b. than usually productive Of
Petroleum. there rot beifs dy vel In tho nehborhood IS
ebnnJmt oil hes been struck IN EVERY ssrAScB where
depth of something Ices than FIVE hundred feet ha' been
reached rosesses the advantage Of easy snl cheap trans
poaon or the oil to market and Is the principal source OF
supply o the western country which added 70 the quality Of
tie OIL the gravity being forty two degrees gives additional
value Tor product five dor. 10 six dssfs per
barrel
Five leases have been granted the property TO parties
who sinking we-, cP WHICH ARR ALREADY
DOWN ruREE HUNDRED AND FIYTr EnET, FouR HUNDRED
.SD rHHEs rrrr AID POUR HUNDRED AND THIRTY psEr'
stspEcTvKLr the other four with .nsne tie ground arc
being ady and preparation made io' sinking
fons we'll on the sane leases.
Widn radius Of one thou sand feet there roiuc-
Ing Wells on- o, which Is yi,dng hundred barrels
per diem The ccebrli,d GIlTILLEs wei within seventy
6so feet ofthe lines q the property. The well lately
struck by the Raw Fam Company Is adiergt and "tn
ten Zee, I. the producing vel Sunk oy tie Cey Run and
Phaoie Company.
within raiiu, Of three quarter, Of mile, there are up
w.ri II PIFTY wells going down.
Tbs property sd-eut the, ofthe Tack Petroleum Com.
pany where tao wells have recently been struck and WHO
theis production from tact Of Line Aafcs tbs Com
pAly Ia, Iad regular monthly dicd Of tso per eeu' on
hy. hundred licu.sDd dollars since is oTsinl1aon, lat
November
Application. constantly made by parties for ilr'hcf
osse. On tue Comr'ny. popry 10 give hair The oil ni
boaas OF from ,hcu sui doars % three thousand dolT
q ofdnt 70 oclton TIC Company h. room g grant NIFTY
such bases.
AAb-adsI, voling capital Ia ben e' t''ie for TIE De-
,eornent Of sone # the beet locations on the pEopfy tie
Company viii have ,usnes haiins tubing. too''tinS'
barrels, o. a.. ground s1d 'he work viii be pahd 'sor
osty hy rtpabe sepen' -nasn vino viii sho attend to
prompt colie,llsl Il loy ..ti,. frou isaee-
! BOOKS or SUBSCRIPTION no ONE HUNDRED
THOUSAND sHARKs At ONE DOLLAR ua opened At
NARCHANT BROS, No Han0vcr-squlre, No"-iork.
SAMUEL LNOLE L Co.. No. 10 From, st.. New-loik
Ut MILLsG Co. No. l3ard 5Cusiors o., Boston
TACK BROS. No. eli Wsinut.s'., Philadelphia.
JANIS l. WEBB L Co. No. l6s Pcsrlsi.. hew-Yots.
CLARK : sTEBElSs. No. Tle cterst, kowYors.
Ard the oae. # 'hs Company No. iianoversqulre
.