Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1866-03-29
DEMO OIL & LAND co.

CAPITAL, 100000, SHARES, 800 EACH
STOCK GUARANTEED,
For every Share Of Stock issued the Par Value
$500 will 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be withdrawn by the Stakeholder at any time,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 L. $. House of Representatives: Hon,
G. r. Ransom, Boston, Mass U. s. Bank Com
missioner for New England Hon. Sidney Dean.
Providence, K. 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, 18th, 37th, and
38th Cong. Maj. John l.. Wilson, Madison,
Ind, late of the L. S. Army; Hon Thomas S.
Stan6ed South Bend, Ind President of First
National Bank of South Bend; Hon. Charles V.
Culver, Franklin, Pa, of Culver, Penn & Co.,
and member of the present Cong; Alex. Brad
ley, Esq, Pittsburgh, Pa, President of Trades
mems National Bank of Pittsburgh Joshua
Douglass, Esq, Meadylle, Pa, President of the
National Bank of Crawford Co, Pa; Col james
H. Bowen Chicago, Ill.,, 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, ofJohn
j. Cisco Il Sons, Bankers, and late Assistant
Treasurer of the T. $. at New York.
DEFINING DUER, Esq, New York City, of
James G. Kings Sons, Bankers.
sSF- The Lands of the Company consist of
Twelve Hundred acres at Reno, on the Allie
ri in NnOQuun County ppODsvlyaniA
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 a 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 If large flowing wells are found, single
acre of the territory may yield the entire capital
within two years.
sS 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 IS 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 q
! 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. eg- 1t is an invest
| ment with the Chances of Large Profit and IS
| ALWAYS CONVERTIBLE INTO CASH AT
| PAR. 1t might be called
| 4 LEGAL TENDER OIL STOCK.
SO large Working Fund (S5OO,OOC has never
| been provided or expended by any Company in
| the Oil Region. Subscriptions will be received
| by agents and by the principal Banks and Bank
| ers throughout the country. Prospectuses and
| other information will be furnished by Agents,
| and by SAMUEL 7. HOWARD,
Subscription Agent,
81 Nassau ST., New York.
| marched &Weow2m