Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1865-10-13
Little Kanawha & Elk River
PETROLEUM AND MINING co.
SUBSCRIPTIONS TO BE CLOSED.

Cash Working Capital, $I5O,OOO'
oFFICERs
OLIVER Y. WOOD, President.
JAMES RUlkSllANK Vice President.
CHARLESJ. MARTIN, Treasurer.
JAMES SWADSWORTH, Secretary.
Z. r. BLACKWELL, Consulting Engineer and
General Superintendent.
PAUL N. SPOFFORD. of Spoford TlesOn 4
Co., N. Y.
CHARLES j. MARTIN. President Home Insur-
ance Co., N. Y.
Hon. ROGER AVERILL. Danbury. Conn.
Hon. ALBERTZ. CATLIN, Burlington, vt.
JAMES CRUIKSHANK, IS Broadway, N. Y.
OLIVER E. WOOD, 20 Barclay street. N. Y.
JAMES WADSwORTH. of James WadswOrth
Co.. 81 Cedar street, N. Y.
JOHN W STRONG, Detroit, Mich.
EDWARD NJ. MORGAN. 2 Pine street. N. Y.
THE SUBSCRIPTION Is so NEARLY
i completed that tits intended to close the same
on or before the 18th of February.
Subscriptions $3.50 900, of which $500 600 purchas-
es the land-to-wit: 81, $50 acres. The remaining
is the permanent cash working capital of the
Company.
Par value Of shares, 500. Lands located on the
Little Kanawha and Elk Rivers, in the counties Of
Gmer 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 1t
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: 'Jconsidsr 10 eminently oil flproductn0 land
The ol-5edring shdtes underlie u ertensiUety, and
the long lines of cds6aretted hydrogen, or Mumindt
ing gas springs some of sohich sdso burning. as
soeu as TIE appearance of oil ITSELF on tho surface
Of the tract, Jtiuy confirms me In this belief.
There can be no doubt that along your creeks and
tributaries there Is large ertent Of cdludblS ol-
producing territory. The prodigious amount Of
6ituinous and camel coal, iron ore Limestone and
ays clays embodied IN S high Ad1s on sour proper
ty, TIE tops and slopes Of ohicA are coOered s0ft@ an
estraordtnvry 0ros01 Of sohite odk and other Aedcy
tim6ers, add Smmensely to It's cdIue."
These views are fully indorsed by the reports of
the most practical and experienced men from the oil
districts Of both Pennsylvania and Virginia.
The Company consider themselves fortunate in
having secured the services of MIR. Blackwell, q
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.
Arrangements are in rapid progress for the imme'
diate development of the property. on scale com
mensurate with its value and extent.
Subscriptions payable 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 ylstter at the Office of the undersigned,
NosI Cedar street, New York; ]. X. DOBSON. No.
a State street, Boston; and JOHN W. STRONG.
Detroit, Michigan, whore full information can be
obtained.
JAMES wADSwORTa CO..
No. 0I Cedar street. New York.
NIB. Subscriptions received for the above Com
panyby LEWle bAAE@,
febs Wheeling. W.. V.