Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1866-04-05
DEMO OIL & LAND co.

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CAPITAL, $1OO0O,OOO SHARES, 800 EACH
STOCK GUARANTEED.
For every Share Of Stock issued, the Par Value
(Sl00) win be deposited in the
TREASURY OF THE UNITED STATES
or invested in Government Securities, and may
be withdrawn by the Stakeholder at any time.
GALUSHA A. GROW, President.
CHARLES V. CULVER, Vice President
WILLIAM BROUGH Secretary
ROBERT f. BROOKE, Treasurer
DIRECTORS.
Hon. Galusha A. Grow, Reno, Pa, late Speak
er of the u. 5. House of Representatives; Hon,
c. r. Ransom, Boston, Mass, U. S. Bank Com
missioner for New England; Hon. Sidney Dean
Providence, r. l., late member of Congress,
editor of The Providence Press Henry A.
Smythe, Esq, New York City, President of the
Central National Bank Lucien II. Culver, Esq,
New York City, of Culver, Penn & Co., Bankers;
Hon. Augustus Frank, Warsaw, N. Y, member
of the House of Representatives, Both, 37th, and
3Sth Cong. Maj John L. Wilson, Madison,
Ind, late of the 2. $. Army; Hon. Thomas S.
National Bank OF South Bend; Hon. Charles Y.
Culver Franklin, Pa, of Culver, Penn & Co.
and member of the present Cong; Alex. Brad
ley, Esq, Pittsburgh, Pa, President of Trades
Douglass, Esq, Meadville Pa, President of the
National Bank of Crawford Co, Pa. Col. James
H. Bowen, Chicago, H., President of Third Ma
tiOnal Bank of Chicago; George II. Rea, Esq,
Saint Louis, Mo-, President of Second National
Bank of st. Louis
Trustees Of the Fund.
Hon JOHN j. CISCO, New York City of John
j. Cisco & Sons, Bankers, and late Assistant
Treasurer of the U. S. at New York
DRNNING DUER, Esq, New York City, Of
James G. Kings Sons, Bankers.
s- The Lands Of the Company consist of
Twelve Hundred acres, at Reno, on the Allie
ghany river, in Venahgo County, Pennsylvania
the heart of the Oil District in that State
ONE THOUSAND WELLS
CAN BE SUNK UPON THE PROPERTY
WITHOUT INTERFERENCE
Test wells have been sunk on the Estate, and
Oil found in paying quantities in every instance
FIFTY WELLS are now being put down to be
followed by Others as rapidly as possible to the
extent necessary to fully develope the property
One hundred wells yielding only ten barrels
day each at six dollars barrel, price much
below the average price at Reno, would give
one million eight hundred thousand dollars
year of income, making profit of probably if
teen per cent. over expenses and taxes of every
kind. large flowing wells are found, a single
acre OF the territory may yield the entire capital
within two years
e@ The Company owns the Town of Reno,
together with several hundred lots for business
and dwelling houses. There is an Extensive
Demand for them, and the revenue from their
sale will be very great.
THE STOCK rs GUARANTEED.
The Price of the Stock has been fixed at One
Hundred and five Dollars per Share. Five Dol
lars go into the Treasury of the Company as a
Contribution to the Working Fund. The Par
Value of the Stock, One Hundred Dollars, is
paid to the Trustees, to be Deposited in the
Treasury of the United States, or Invested in
Government Securities, AND MAY BE WITH
DRAWN BY THE STOCKHOLDERS AT ANY
TIME.
By the payment of Ten Dollars persons that
desire to await the result of the first years
development, can secure the Right of obtaining
full paid share OF guaranteed stock for one
hundred dollars additional, at any time before
the first day of April, 1867 es5~ 1t is an invest
ment with the Chances of Large Profit and is
| ALWAYS CONVERTIBLE INTO CASH AT
| PAR. 1t might be called
A LEGAL TENDER OIL STOCK
SO large a Working Fund $4,000 has never
been provided or expended by any Company in
the Oil Region. Subscriptions will be received
by agents and by the principa Banks and Bank
ers throughout the country. PrOspectuses and
other information will be furnished by Agents,
| and by SAMUEL T. HOWARD,
Subscription Agent,
81 Nassau St., New York.
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