Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1865-06-21

! ffopsrty Of ne Conpany, vsnango Co.. Penn.
Odice Of The Company, Davenport, Iowa
0rssss..d s~dsr a. Lsri ef "a. sssss u Ssa.
CAPITAL STOCK, slss,sss.
Divided into Is, 900 shares Of 80 each. ssc, ccc
reserved for Working Capital.
O0cersk
Hon. JOHN L. DAVIES, President, Davenport,
Tso.As scos,. Treasures, Davenport, low.
jos. l. Svss, Secretary, do do "a.
dents !. Che Works, Titusvilie, p.
John T. Davies, Davenport, Ia,
Jerry Jerry 9. Conklin, do do
Howard darlington. do do n;....
Geo. w. Kepner, do do D'e''o''
James Armstrong, do do
Jas. b. Edmonds, Iowa City, a,
\. n. Conklin, indianapolis, Ind,
Rropersys
The Compsny's property consists Of the r..
NiMpl< Of the valuable Kerr OF Thompson
Farn," containing one hundred and nine (l0s
acres, more or less, situated in the heart Of ths
Oil region, venango county, Pennsylvania, or
East Oil Creek, about one quarter mile above il.
junction with Oil Creek proper, and on the road
leading from Titusvile to pleasanton, two miles
distant from the former place This proper y ad
joins the lands Of the 4Etna and Northern Light
OIL Companies, on which dev elopments are being
rapidly pushed forward with every prospect o.
success and is opposite the lands Of the Guild
Farm Oil Company, Of New York. the stock OF
which was quoted in New York, May 18th, at 300
on which are several productive wells in opera
ton and more being bored. The celebrated
Drake we'll, the first ever sunk on Oil Greek, is
but mile from this property. The lands Of the
Kingsland Parker Company. on which . fifty
barrel flowing we'll has just been struck, and the
Watson and Pennsylvan Oil Greek Companies,
Of Philadelphia, are in its immediate neighbor-
hood, this latter Company, lPcnnsy lvania Oil
Creek situated on the now widely known and
justly celebrated watson Flats" 10 the Oldest
Company in this region, and il now amply repay
Ing the stockholders for their patient labor and
liberal expenditure, in the steady yield from the
Continental, U s. Grant and other fine wells,
all Of which almost in sight Of the tract herein
described. fine stream Of water called
"Thompson's Run trayerses the whole length
Of the property through the center. On the
"Run" above and beyond this property several
Pittsburgh Companies are now sinking wells 80
that it 10 completely surrounded by evidences Of
large production Of oil, soon to be developed
and realized. This tract comprises large pro-
portion Of low ground, and is capable Of being
bored in very many places.
Remarks.
The past year has proved beyond all doubt, aud
to the most skepticaI mind, that We are to have a
steady yield Of this valuable aple-Pctrolenm;
valuable not only o. an article Of large domestic
consumption but AZ an article for which there 10
already an immense and steadily increasing ex-
port demand; therefore Company fo' med on n
safe and reliable basis (as 10 claimed this Com
pany Isl having IN fee such tract Of land as the
''kerr Farm, the development Of which, being
pushed rapidly and emerge ticaly forward, cannot
fail Of ultimate success and OF beinga profitable
inve stmcnt to its Stockholders
Leases can be effected with parties who will
contract to sink wells without expense to the
Company, giving the Company u royalty or
share OF the Oil produced but so valuable is the
location and hattering the prospects of sue
cess. that the Directors have resolved 10 sink
wells on the Company's account. thus securing
the entire product that may be obtained
Of few thousand shares only, which here
with open 70 subscription.
No Company has been formed on q more sub
stantial basis. The STOCK - NOT wAfERED; III
HOLDERS WILL STAND on AN EQUAL FOOTING. The
shares will be sold on the only correct %, incple
viz :0t their par ralue. Lastly, there is so lit
tie of IT, that even ten barrel well will pay reg
ular monthly dividends. With common success
its price should reach very high figures at IN
early dste. Az there il room for five hundred
wells on the Kerr Farm, the Trustees confidently
expect handsome ind immediate returns.
Subscription Books, for the sale Of the Stock re-
serred a. Working Capital, are opened 70, lin
lied pe,'sod, at the office of
JOHN Il. AvVlT3 4 CO.,
mv2Ntf NickOlPs Block Daveunort IoVva