Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1865-09-11
Little Kanawha & Elk River
PETROLEUM. and MINING CO.
SUBSCRIPTIONS TO BE CLOSED.
Cash Working Capital. sISo,Ooo.

CaSh WORKING OapitaA, SA0V,VVv'
oFFIcgRs
OLIVER y. WOOD, President.
JAMES CRU lkSIlANK, Vice President.
CHARLES J. MARTIN, Treasurer. .-.-
JAMES WADSW0RT Secretary.
E. R. BLACKWELL, Consulting Engineer and
General Superintendent.
-.e .,rr,'tt a TRUSTEES: .,"t
PAUL N. SPOFF0RD. of Spoford Tileson q
Co., MY. ..t', '.g. .rr
CHARLEsJ. MARTIN. President Home Insur-
ance Co., N. Y. a. ."''
Hon. ROGER AVERILL. Danbury. Conn.
Hon. ALBERTO. CATLIN, Burlington. Vt.
JAMES CRUIKSHANK, IS Broadway, MY.
OLIVER E. WOOD, 20 Barclay street, Y.
JAMES WADSW0RTH, of James Wadsworth
Co., 81 Cedar street. NY.
JOHN W. STRONG. Detroit, Mich. ..f e.,
EDWARD NJ. MORGAN. 2 Pine street. N. Y. rs.
THE SUBSCRIPTION Is SO NEARLY
Il completed that tits intended to close the same
on or before the 18th Of February. -
Subscriptions. $75OO OOOo Of which $eOo 900 purchas-
es the land-to-wit: 2,Ss0 acres. The remaining
$50 900 is the permanent cash working capital Of the
Company.
Par value of shares, 800. Lands located on the
Little KanaWha and Elk Rivers, in the counties Of
Gilmer and Braxton. in the very heart of the ore-
gions of West Virginia. ~''- o.
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: "Tconsider u eminsnay OH producing land.
Tho oi16earing sAales SnderIe Il erssnsiUely. and
Me long lines Of car6GrSted hydrogen, or aUmindt-
ing gas springs, some Of tOAieA I sGo burning. as
tosu as tie appearance Of oil itself on tie surfdcs
Of the tract, Jt1y confirms me In tbs belief.
There can be no doubt Adt along your creeks and
tributaries there b large ertent Of calSa6le oil-
producing territory. The prodi0ioSs amount of
6ituminoss and camel COAL iron ore. limestone and
fire clays embodied In tie Nigh hills on yoSr proper
ty, TIE tops and slopes Of WAtcA are cocered Oth an
extraordinary groaoh of phite odb and other Asdvv
Ngs6ers, add innseRsely to its oalEe."
These views are fully indorsed by the reports Of
the most practical and experienced men from the oil
districts Of both Pennsylvania and Virginia. .eEI
The Company consider themselves fortunate In
having secured the, services of Mr.. Blackwell. q
pIdctlChi ClNll oubluoois iOl
ENJOY. so well known as the late Chief Engineer and
superintendent Of the Commissioners Of Wash
ington Heights" New York City. e ee 2
Arrangements are in rapid progress for the imme-
diate development Of the property, on scale com
mensurate with its value and extent. s o1o
Subscriptions payable at the time of subscribing,
or in cash. the balance in thirty days from
the time Of closing the subscription, can be made in
person or bylstter at tho Office of the undersigned
No 81 Cedar street, New York; ]. K. D0BS0N, No.
a State street, Boston; and JOHN W. STRONG
Detroit, Michigan, where full information can be
obtained. es ''
-flgif JAMES wADSwORTH & CO.,
No. 81 Cedar street, New York.
NIB. Subscriptions received for the above Com
panyby 10 4 LEWIS BAkEh,
febs - .,l.8d giu3s Wheeling. WV.
.t t...r o. ~ fV.yf r.. rfgr. f4. f.lu .1 s.4