Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1865-08-01
Little Kanawha & Elk River
PETROLEUMAND MINING CO.
sUBsCRRTIONsT TO BE CLOSED.
Cash Working Capital, SI5O.OOO.

Cash Working Capital, s15O.OOO.
OFFICERS
OLIVER r.. " O0D, President. H4
JAMES CRU IKSllANK. Vice President. l1j
CHARLESJ. MARTIN. Treasurer. 30 ..tnIll
JAMES WADSW0 ORTIZ, Secretary. ,..-c..,,rs,
E. r. BLACKWELL, Consulting Engineer and
General Superintendent.
| TRUsrEEs
PAUL N. SPoFFORD, of Spoford Tieson 4
Co.. Y.
CHARLES J. MARTIN, President Home Insur-
ance Co., N. " ffiI .'s.i'1t f..' '1'
Hon. ROGER AVERILL. Danbury. Conn. 19h
Hon. ALBERTZ. CATLlN, Burlington, Vt. .sp
JAMES CRUIKSHANK. 55 Broadway, N. Y.
OLIVER f. WOOD, 20 Barclay street, N. Y.
JAMES WADSW0RTH Of James Wadsworth
4 Co., 81 Cedar street, ~. Y. HH 11i H'
JOHN w. STRONG, Detroit, Mich.r i .li..
EDWARD NJ. MORGAN, 2 Pine street, N. Y.
THE SUBSCRIPTION is so NEARLY
Il completed that tits intended TO close the same
on or before the 18th OF February G 2 b'
Subscriptions 1000, of which 5000 900 purchas-
es the land-to-wit: 62,seO acres The remaining
$4,000 is the permanent cash working capital of the
Company. i.iY HiH' '
Par value of shares. $780,. 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: "JconSider ID emtnenHy Oh producing land
The oa-6edrtn0 shales under2ie ID eateasiUety, and
the long lines Of oar6uretted hydrogen or Juntindt-
ing gas springs, some Of sohicA Saso burning, as
eoeH as the appearance Of oil ITSELF on tho surface
Of Metract, JaNy confirms me in this belief.
There can be no doubt that along your creeks and
tributaries there Is large eStsm of 0altd6le OIL
producing territory. The prodigious amount of
6ituminous and camel COAL iron ore limestone and
fire clays embodied IN The high hills on our proper
IT, tie tops and slopes of soAtcA coUered q0i an
eStraordiHery gro1oh Of qohite odb and otherheacy
nnn6srS, add Immensely to its oalus" .'a
These views are fully indorsed by the reports of
the most practical and experienced n from the oil
districts of both Pennsylvania and Virginia.
The Company consider themselves fortunate in
having secured the services of Mr.. Blackwell,
practical civil engineer for the general superintend
ency, so well known as the late Chief Engineer and
Superintendent of the Commissioners of Wash
ington Heights, New York City.
Arrangement are in rapid progress for the imne.
diate development of the property, on scale com
mensurate with its value aud extent. u
Subscriptions spayable at the time Of subscribing
or one half in cash, the balance in thirty days from
the time Of closing the subscription, can be made in
person or yetter at the Office of the undersigned
No 81 Cedar street, New York; J. X. D0BSON. No.
~ State street, Boston, and JOIN w. STRONG,
Detroit, Michigan, where full inform alton can be
obtained.
I JAMES WADSWORTa Il CO.,
N H.t No. 81 Cedar street, New York.
N. B. Subscriptions received for the above Com
panyby LEWIS BAKER,
feb6 Wheeling, W. ".