The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1865-01-05
NEUTRALITY-SUSPICIOUS..

Capital. Observation-Disclosures. $3.50 900
Nas@ber Of Shares. .-.ast 9O, 900
Working CAPITAL. So,oOO
The Directors Of this Company take pleasure in
presenting 10 thecap talists and the public of New
England chance to invest in Petroleum stock
that ofsrs immediate returns well future nros;
poets OF realizing an income that VIII amply reward
such inve tments. -
.e9iThe Properly cftke Company Consists lx
lst- OF perpetual lease offvs end one-half acres
Of land with en- ine fixtures and buildings, being
part of the Miller Farm, about i've miles below IT,
tusyllle, ON Oil Creek, at ths month Of Hemlock
Run.
The OlICfeek Railroad runs directly through this
property, which enhances the value Of the product
fully one dollar per barrel, there ing no car ing
No finer boring rriiory being found the whole
eugth of Oil Greek than on this section. On this
land there 10 one ii now producing sixty barrels
Of Oil per day worth at the well twenty dollars per
barrel. A1flN'A
This well being neig one, we hayeeFery prospect
Of Its Increasing to much larger YIELD as mos OF
the pumping wells on the creek have cone hereto
fore. For this well alone the Company are now Of
fered LIS COO cash. We have this track room
for at least ten moe wells. One well win be put
down immed ately upon the arrival of the engine
anu LO041 WHICH tA6 COmp1uy AiNcauf VWu-
Mach better results are expected from tbs terri.
tory than already obtained when weshan have sunk
the other WELL almost every well sunk in thisvi
oaity has be n eminently successful; for instsnce
the Noble Wen, only three miles below us. with
surface indications inferior to ours, when the oil was
struck flowed two thousand barre a day for year,
and its hrtunase pcssessors became miilionaifes-
Now our chance of striking similar deposits reat-
ly superior, being the er of the great OH
Basin Should well Of this kind be struck, at tse
present price Of OIL it won yield income of $40,
600 par day. or over 81, 600 GOO per annum. This
would indeed be prizes and facts show that not
all chime H. for it has been done in our neghb1
hood and we do not sec why our chance is not good
or doing the same thing + y u E. =
No. 2. Fee simple of two hundred and sixty five
acres IF land in Oil Greek and Spring Run, six
mites from Ttusyiile, large portion Of whichis
boring territory, and from surface indications we
have every reason to bell We that this will prove
squally as valuable as land below Titusgils. Par
ties sinking wells land adjoining wilhvery
satisfactory results. as''i w
No. s. Twenty four acres Of fats ru aiming across
the south end of Morgan Jennings' farm. say two
miles north Of Cooper stown Forty years lease, re-.
corded. Nineteen tbs Of oil first I'VE acres, three
fourths Of oil on rssidue. One derrick up Proprie-
tor pays all taxes, making il bel tier than deed
Rochester ARM Messrs anghes, Crane 3 Co, have
similar lease scross north eId Of this farm and are
improving it with the greatest energy. ',assts q
tn land was very carefully seleeled last August
by Almost experienced expert and Il unsurpassed on
the Creek The oiiisa heavy lubricating OIL SELL
ing at the wells for twenty five dollars per barrel
and from the superior location of this property to-
| gether with large amount of money now develop
ing in this locality the comp most
ly deem this tract very great value. Its in di.
| reot range with the celebi ated Tarr Farm, and
every foot Of the territory is excellent boring land
whileits proximity TO the market renders it OF en-.
HANGED value. .,a,
No. Fee simple of one hundred and thirty acres
on Mutquito Creek in Mecca, OHIO, ION which we
have TIRES wells inpe rAtion, sieldiDg about four
barrels perday offhe very finest lnbricatng oil in
the world brin ing readily fifty dollars per barrel
| at the well, sixty dollars in Eastern Markets.
Responsible parties stand ready to take ali the oil
raised thai price. these wells four years
| old and il is. expected when we shall have new
weifdown, we sssil get at least yfve-barre well
One well nearly 10 oil dep'h and in the course
of thirty days will be producing. No well was ever
sunk on this territory that was not Paying one
Tni OIL Is found de 9TH Of sixty fys feet which
enables us to sink wells at slight expense.
The Phillips Oil Company are sinking wells on
land adjoining us at a greater depth, with every
show ofgettng flowing OF largo pumping wells. III
ON this property wehave two large houses, new
barns, office, oil refinery four first class engines,
pumps. tubing, teams and everything complete Tor
carrying on alarge oil business Plenty of the best
OF hard wood growing this property enables to
get fuel at cost of cutting and haulir g., as all
| our engines burn wood alone SPLENDID timber for
slaves and other purpos is found in great quaint
| ties.s 4xrrns, rnv,rry,rr,r.r, -4s4.ft
The Directors elm putting this stock upon The
Market they are holding cut aud better indace-
to subscribe than has heretofore feen offer
ed; for, while the 70 are wells in ciual operation
oil enough to pay immediate dividends OF at least
wo per cent mouth as the yield noso amounts to
500 per day. or $40 QUO Fer annum, there are
also future prosp cts passed by any other Com
pany In having plentyof ar4ng territory develop
ed lands, and plenty of land where the excitement
has'but late reached. which enablesu us to derive
benefit both from old and new territory, and ON
which the Developments will be vigorously pu he'd
We would clcse tins prospectus by stasing that tAe
Company is entirely . New England enter. rise,
managed BY well known par les, some Of thin OF
gr at exp srience in the Pet. oleum business Sub
scrpuon books will be found with
Messrs J. II. CLAPP & Co., Bankers, 81 State st.
re. BATES. Esq., Merchants Row. o9e- 2
:. Messrs. WIN. LINCOLN & Co. 10 Central st. ~
Messrs =. q B. W. sEAHs. 104 State st.. 3 N
Since the above was written we have received ad-
vices that of the wells on the Mecca pr per
ty has reached oil, and now Yields twenty barrels
per day. ASS soon as the tubing is put down 1t sill
prcbab greatly increase.
eubscription Books, for limited number of Shares
will be open at the Offices of J. c. PpooToR, ESQ.,,
Lime 1t near p, o., and at J. J. BRowNs Banker,
No. 20 Exchange st. dec23tf
NOTICE.
WE, the undersigned, having sold our Stock of
Wv Coal and IW0oD TO Messrs. Randall, McAlis.