Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1865-06-15

Ulvt|VI |
PBlb|IOl.BUI &C.
vsaaags Csansy. Rsan. % :
rrspssty Of The ce.pay. vssasss q. ~.
O.es q the Company. Davenport, Iowa
ovsat''s s~d~ ~ Lss4 ssAs ssss. = ksa
CAPITAL srocx. slss.sss.
Divided IN. ,s.eest>-.. >, q. -. 10000
RESERVED IT workiae Capital.
Hon. JOHN L. DAVIES, Prssids.a. pessseert.
joss I. sSs:. s ssrss.sy;, D''sss e. '; 4.
dents = the Works, Titusvilie. RI.
Job! '. L L! D:.i's' Dsv.s:sors 4,
j j:s,, c y cssi,,p. 90 90 % %
S ass' r. pe: .,a... 90 90 d 3: D.ser
james Armstrong, do do
Jas. b. Edmonds, Iowa City, d,
n. \. Conklin, Indianapolis, Ind,
Rropersys
The Company's property ceasists oftAe ~
0iap1s Of the valuabls Kerr or Th0mpson
Farm" containing one hundred and nine (1o9)
ceres, more or lesS, Situated In The hoort u the
Oil region, venango county, PennsylveniA %
East Oil Creek, about one quarter mile shove its
leading ffom Tisusvilie q pisasansea. ~ miiss
distant from the former pleos. This property 3D.
joins the lands Of the 4Eina and Nerthern Light
O.l Companies, on which Developments afe being
rapidly pushed forward with every prospest d
success; ead y opposite the laadD Of the Guild
Farm Oil Company, Of New York, the stock Of
on which are several productive wells IN opera-
ton and more being bsrsd. The celshratsd
Drake well, the first ever sunk on Oil Greek, 10
but mile from this property. The lands Of the
kingsisnd Parker Company. on which : any
barrel sowing veil has jnst been struck, and NE
Of Philadelphia, are in its immediate neiehbor-
hood, this latter Company, (Psnnsylvasis Oil
Creek situated On the now widely known and
justly celebrated Watson Flats, 10 the Oldest
COMPANY in this region, and Is now amply repay.
Ing the stockholders Tor their patient labor asd
Continental, U. .. Grant and other 6ns wells,
I'll Of which are almost in sight Of the tract hsrsin
described. 4 fine stream Of water called
''Thompson's Rum travsrses the whole length
q The property through the center. o. the
PitssSutss Conpaniss ere nov sinEiss wells. 20
that II ID completely surrounded BY evidences Of
. large production Of oil, soon TO b developed
and realised. This tract comprises large pro-
portion Of low ground, aud 10 capable Of being
bored in very many places.
Renarlxs,
The past year he's proved beyond oil doubs, and
to the most skepticaI mind, that We are TO hsvs
steady yield Of this valuable staple-Petsoleum
valuable not only ~ an article Of large domestic
already IN immense and steadily increasing sx-
port demand; therefore Company fos ned ON
safe and reliable basis (as 10 clsimed this Com.
paay isl having in fee such tract Of land = the
Kerr Farm, the development Of which, being
pushed rapidly and theoretically forward, cannot
investment 70 itS Stockholders.
Leases can BE- effected with parties who will
contract 70 sink wells without expense 70 the
Company. giving the Company . royalty or
share Of the Oil produced; but 30 valuable i the
location and 50 Aattering the prospects Of sue
cess, that the Directors have resolved 70 sink
wells on the Company's account. thus securing
the entire product that may BE- obtained:
With this object they have authorized the sale
Of : few thousand shsres only, which arc hsrc-
No Company has been formed on more sub
stantial basis. TnR Se0Ck - NOT wAssRsD III
HOLDERS WILL STAND on An EQUAL ToOraS0. The
shares will be sold ON the only correct principle
viz :-Gs their par rasue Lastly, there il 10 it,
tie Of IT, that even ten barrel well will pay reg
ular ncnthly dividends. With common success
IL price should reach very high figures at a
early date. A. there il room for FIVE hundred
wells on the Kerr Farm, the Trustees confidently
expect handsome and immediate returns.
Sstswieei0n Books, for ~ ssls ~ ~ Ssoek ~.
s~rsd - Working Capital, are opened for liss-
ttsd period, at tie office Of
JOHN Il. 0VVnT9 Y CO..
my2Otf NickolPs Block, Davenport, Iowa.