New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1865-07-31
PETROLEUM..
United Service Coupauy-Satnrday's Pro.
eeediugs,

This case was brought up again on Saturday.
Tho testimony quite brief Mr. GooCrich Deins ihe
only witness called Ia ihe stand.
MI. GOODRICH RECALLED.
After heirg questioned by eIjrdgc Stuart the wit.
rcss answered rs f1llOWs Subscribed for the stock oi
the United Service Company IN The last week o. March
moth M 10 ii'n u the yrGe ~ the property Mann shd
he would sell ~ any time; lad not ny OF the property
previous 10 su'serbns-not loot o. III saw !. amer
ward; two steam engines were on tie grounds was m
officer in the employ or the Company and oyorscor on
the propcrty the whole cost Of oil the work done on
the binds might be between 5000 and SiOeOi this
sul wonld rot meet oil the bills.
letter was then handed 10 the witness, vhen ne
was asked by ex-Jujge Stuart Did he believe all the
facts aud statements contained IN the letter no the time
be wrote 1t 10 Col. Mann. 20 which be answered Yes
has becn an officer of the company since the ISL oi
March; st considers himself All officer dad not desire
10 correct any of his aidayts rel live TO this case d
not remember that Col Mann made any false rep
reseutations II any time formed an acquaintance with
Stration In the while gong 10 The Oh regions pre-
yious to lis subscription to the company knew some
thing OF the oil territory In Pennsyivani the
value OF lands Tise and fall with respect To
the quantity OF oil in the vicinity; at times OF excite.
ment any amount o. money viii be- given for arjs u
there il oil in tho vicinity: knew the Reed Wel;" it
produced 800 barrels Of oil per day, this property was
within three miles ~ the United Service Company' dd
not attend any of e meetings OF tue Board since Toe
commencement of these proceedings under Temporary
excitement witness teiC graphcd to Col. Mann ihnt a
100 barrel well had been discovered AT the bottom Of
rayine; it the general opinion then, but the well
never foN ed any Stree then
The following letter was then produced:
LETTER FRoM GOODRICH TO MANN.
GRfass CRFNIgG HOTEL
RorsHyiLLR, NRSsscO Ors1I, Fa ApnlZ', 1861
Co! W MANS.
DEAR sIn Yours es, i received. combining check for
$1,000 shall BE- most happy TO welcome you e. the oil
regions aud exhibit 10 y0u tie elephant By personal nHpec
tim YOU will become % o the cues ~ Trans
.ctBs busincss 'i, locality with Iromptnc aud dsya'ch
sometimes get tie idea that accomplish hthirg by
short any bat nus, comics, hat my Sgny has
f0rcy ~, u.cd lie past mouth fouco The general rule
here j. the golden but tho reyric true" no, 10
areor rnodaio ybody until forced 10. and then charge ten
pricns H. l' even her. j. valuable sud shall
md Iroccss of luUrictlg matters somewhat Ia the future
~ soon fund.- .sry he engine started Tom .srk
Unjust fortnight ego day. swear I've done nothing else
but attend that snce md have Just returned from seeir
s,ely landed upon the l0 The yon ssAt prov, yniu
ebe getting n engine from tie river bank 8d to be
taken entirely apart think eyrrytins viz progress finely
now had ed o! u.Hr the ground tho 9th
day ard IN. located 10 barrel well, two 6O-b1u,
wells and 2ibarrel hope il mss turn on, 20. VII
make tie let Nay. and report progress II you wish
n zee we will cost up 20 the q the bore at
.ast 1000 cach l20o0i completed from 10000 10 80 200
each Pa;les putting down wells by conir - charge 5000
ard OVER. according 10 depth furnishing everything Til
nay seem expensive bot i l. -.
This closed the ANIMATION Mr.. Banks put n
few mmportent questions ~ 10 the value Of tie ma
chner yon the ground. Witness testified that The
engines were the worst Of the kind he ever raw.
1t was now -, and counsel consented 10 adjourn III
MoncGy al 10 n. u,