ism.] 
AMERICAN AGRICULTURIST. 
157 
RENO OIL AND LAND COMP 
Y , 
CAPITAL, $10 000,000. SHARES $100 EACH. 
STOCK GCiUANTEED. 
in the 
For eveiy Share of guaranteed Stock issued, the par vaUie (One Hundred Dollars) will be placed in the hands of Trustees, and by them deposited 
TREASURY of the UNITED STATES, or invested in GOVERNMENT SECURITIES, 
And may be Withdrawn by the Stockholder at any lime. 
President, GAI-tlSHA A. GROW. 
Vice-President, CHABSILES V. ClIl,VEK. 
Secretary— WM. BUOUGII. Tieasurer— K. F. BEOOKE, 
DIRECTORS. 
Hon. GALUSHA A. GROW Eexo, Pa. 
Late Speaker of the XJ. S. House of Kepresentatives. 
Hun. C. R. KANSOM Boston, Mass. 
V. S. Bank Commissioner for New England. 
Hon. SIDNEY DEAN Providence, E. I. 
Late Member of Congress, Editor of the Providence P/'e-vs. 
HENET A. SMYTHE. Esq New Yoek City. 
President of the Central National Bank. 
LUCIEN H. CULVEE. Esq New YoEK City. 
Of Culver, Pena &: Co., Bankers. 
Hon. AUGUSTUS FKANK "W'aksaw, N. Y. 
Member of the House of Eepresentatives 36th, S7th, and 
3Sth Congress. 
M.ijor JOHN L. WILSON Madison, Ixd. 
Late of the LTnitcd Stiitcs Army. 
Hon. THOMAS S. STANFIELD South Bend. Ind. 
President of First National Bank of South Bend. 
Hon. CHARLES T. CULVEE Fbaxklix, Pa. 
Of Culver, Penn ,& Co., and Member of the Present Con- 
gress. 
ALEX. BEADLET, Esq Pittsburg, Pa. 
President of Tradesmen's National Bank of Pittsburg. 
JOSHUA DOUGLAS, Esq Meadville, Pa. 
President of the National Bank of Crawford Co., Pa. 
Col. JAMES IL BOWEN Chicago, III. 
President of the Third National Bank of Chicago. 
GEOEGE H. EEA, Esq St. 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 
*t Son, Bankers, and Kate Assistant Treasurer of the United 
Stiites at New York. 
DENNING DUER, Esq., New York City, of James G. 
King's Sons, Bankers. 
The estates of the Eeno Companv consist of TWELVE 
HUNDEED ACRES of valuable tenUorv IN TIIK HEART 
OP THE OIL REGION OF PENNSYLVANIA. They 
were selected by Hon. CHARLES V. CULVER, the pre- 
sent Representative in Congress from the Venango district. 
Pa., and tlie senior member of the Banking House of Cul- 
TER, Pens it Co., New York City. He purchased the lands 
some years since, beincr convinced of THKIR GREAT 
VALUE AS OIL TEERITOEY, and as the site best 
adapted for building the great central commercial town of 
the oil regions. 
Believing the property to be of immen-'^e value, and yet 
unwilling to place a stock ujion the market which might 
involve even the possibility of loss to stockholders, it has 
been determined to issue a 
GUARANTEED STOCK. 
The Eubscriber to the stock pays one hiindred and five 
dolliirs for each sliaro. Of this, one hundred dollars will be 
placed in the h.ands of Trustees, for deposit in the UNITED 
STATES TUEASCrilY, or invested in GOVERNMENT 
SECURITIES, thus to be held as a pledge for the TL-demp- 
tionofthe stock; and five dollars will' bo placed in the 
Treasury of the Company as p. contribution to the working 
fund. l''ive dollars on each share make 
The Workins Fund $50©,©©0, 
the largest of any Company ever organized, and sufficient 
to develop the entire territory. It gives an assurance of 
success that has never been afforded to the stockholders of 
any other Company. 
Hon. John J. Cisco, the late Assistant United States 
Treasurer at New York, and Dennixg Duek, Esq., both 
prominent and well-known Bankers and gentlemen of the 
hiizhest character and position, have been selected by the 
Directors as Trustees of the Fund. They hold the niont'y 
thus ileposited and invested, to be returned, if 
called lor by tlie Stockholders, at any tinae. 
It reuKiins in the hands tif thi' TrusCec-s until the stock- 
holder shall have received in dividends from the earnings 
of the Company the full par value of the stock — that is. ono 
hundred dollar's for each share. It will then have proved 
its great value, having paid for itself once, and will need no 
further guarantee. The stockholder will continue to own 
his stock, only without the guarantee lor its redemption. 
Stock Always Redeemable at Par. 
It will be seen that the return on demand of one himdred 
dollars for each share of the stock sold is secured beyo7id a 
contingency, and that the risk of the stockholder is con- 
fined entirely to the five dollars paid by him on each share 
of his stock, and the use of his capital until he sees fit to 
withdraw it. He receives, however, all the dividends de- 
clared while he holds his stock, and enjoys ail his rights 
and privileges as a stockholder. 
The Property of the Company. 
Tiie ])ropin-ty of the Company is situated at Keno, ni)oii 
t)ie ri.L'-Iit bank of the AlleghaTiy river, in Venango County, 
Penn., 'in the centre of tb*.' oil district in that State. It eni- 
braci's Tivelve Miindred Acres ori.and, and 
includes tlie site of tlie to^vu of Reno, to- 
gether with all the biiildiuffs and impvovciuents thereon ; 
all the wells upon the property producing and being sunk; 
all the structures, fixtures, engines, machinery, tools, and 
personal property of every description connected with the 
premises. 
The lands extend back from the river, nearly two miles, 
inclnding. for the whole distance, the valley of Shatter 
creek and its tributaries, and, for the greater part of the 
distance, tht; valley of Bannon run. making about 
Four Miles of Soring- Territory, producing 
every featuie of oil lands — hill, stream, Inw land, and ravine. 
Reno has a front upon the Alleghany river tti uiirht thou- 
sand feet — a little more than a mile and a half. This front- 
age is of great value, as the channel is deep, and steamboats 
can lie along the entire length. 
No Reno Well has Failed to Yield Oil. 
A few test wells have been sunk in different parts of the 
estate, with uniform and eni'oiti-ac:ing results. Not a 
'IVell lias been sunk whieli lias not pro- 
duced Oil iu Paying Quantities, yielding a 
permanent and a steatiy pu]iply of a superior (juality, while 
in some of the most productive b'calities in the oil region 
scores of wells have been sunk \\'ithout the smallest show 
of success. 
The Revenue Commission, in its report to the Treasury 
Department. February, 1S66, showed that there were 19T 
oil farms in Venango cminty. But four farms report every 
Avell iiroducing, and of these four the largest number of 
wells is on the Reno property. There is room on the Reno 
estate for 
ONE THOUSAND WELLS, 
without interfering with c-Arh nther. 
One hundred wells, yiel ling (Uily ten barrels a day each, 
at BiK dollars a barrel — a price much below the average 
price of oil at Reno — would give one million eight hundred 
thousand dollars a year of income, making a net profit of 
probably fifteen per cent, over all expenses and taxes of 
every kind. If large flowing wells should be found. A 
SINGLE ACRE OF THE TERRITORY MAY YIELD 
THE ENTIRE CAPITAL WITHIN TWO YEARS. The 
Company has contracted f<)r putting down fifty wells, and 
the work is already commenced. It is the intention to sink 
Tliree Hundred Wells, as soon as practicable, or 
as many as may be neces.'^ary to fully develoji the property. 
The Company is subject to no rental. It is the absolute 
owner of the property, and recciyfis ^/t6 entire jn'oduct of 
its wells. 
Another Mode of SelBsng the Stock. 
By the payment uf ten dnlj.irs, anj' jicrsim may have a 
share of stock put aside for him until April 1st, 1&G7. At 
any time before that day, he may procure a full-paid share 
of guaranteed stock, by the payment of an additional sum 
of one hundred dollars. This "option," or right, enables 
the purchaser to await further developments of the Com- 
pany before investing the amount required to purchase full- 
paid shares. He may have his money otlierwise invested, 
or so placed that he can not readily realize, and a year's 
time will give him the opportunity. The options may vise 
in value, and become as marketable as any other stock. 
The option aids in the development of the property of the 
Company, aa one half of the price is placed in the "Working 
Fund. The purchasers of these options will be enabled to 
VS6 their meansfor an entire year, and yet retain tho 
right to take the stock by jiaying par for it, even though 
\^ithin the time it may be worth two hundred dollars per 
share. 
The dividends of the Company are to be made semi- 
annually, in the months of May and November of each year. 
The firt^t divi<iend day will be the third Wednesdaj' of 
November next. If the property is rapidly earnin-j money, 
the holders of options cun, if they desire, before that date, 
jiay for the stock and secure the first dividend, or they can 
wait the result of the development until the first day of 
April following, before deciding to take the stock. 
In addition to the oil lands, the company owns the 
Thriving Towa of Reno, 
with its lots, leases, water fronts, etc. They are now being 
sold and leased for business purposes and dwellings. Tho 
entire projierty belongs to the stockholders. They will 
receive the large revenue to be derived from the sale. 
The sale of intoxicating liquors is prohibited in all con- 
tracts for lots sold by the Company. Oil refining and oil 
mining are not permitted within the built-up district. The 
natural scenery is pleasant and imsurpassed. There are 
springs of fresh water in the hills beyond the toi^n, abund- 
ant for all the domestic purposes of the people. Streets are 
graded, and sidewalks will bo built. Sites have been set 
apart for churches, public scho(ds, municipal buildings, and 
parks. A liberal endowment has already been made for a 
public school of high character. 
The water front is so much in demand, that portions of 
it have already been sold at the rate of more than a half 
million dollars for the whole. The landing is the best on 
the Upj)er Alleghany. The town is the terminus of tho 
Reno Oil Creek and Pithole Eaihvay. It is one of the prin- 
cipal stations on the Atlantic and Great Western Railway, 
and in a year wid be the intersecting point of several other 
roads now being built. A large and iucreasinfr business now 
centres at Reno, anrl it must become the METROPOLIS 
OF PETROLEUM, as Chicago has become the metropolis 
of grain, Reading of coal, New Orleans of sugar and cotton, 
and San Francisco of gold. 
The Eeno stock is virtually 
A Lej?al-Tender Oil Stock. 
It becomes one of the safest investments in the market. 
No panic, no effect of fire, flood, wear, or change, can dimin- 
ish its value. So long as the Government's Treasury is 
sacred, so long as the Government's securities represent the 
honor and tho wealth of America, so long will Reno stock 
be the safest investment in tub world. Every stock- 
holder not only has the security of his capital, but tho 
chance of participating in the most successful business of 
this generation, and receiving immense profits. No other 
American stock has so many elements of profit and security. 
The guarantee of the trustees makes each stockholder's 
money sure as a deposit. The certainty of petroleum being 
in tho Reno lands makes the money safe as a business. The 
right of immediate redemption makes the stock convenient 
as a legal-tender. The absolute ownership of the lands, of 
the wells, the river, wharfage and railroad privileges, to- 
gether with tho town, gives every stockhfdder an interest 
that MUST BECOME MORE AND MOP.E VALUABLE 
EVERY YEAR. IT IS IN REALITY A NA'IIONAL 
PETROLEUM STOCK, AND MUST TAKE ITS PLACE 
IN THE MARKETS OF THE WORLD WITH THE 
BEST AMERICAN AND FOREIGN SECURITIES. 
(£^° Subscriptious will be received by agents, and by the principal banks and bankers tliroup^hout tlie country. Prospectuses and other information will 
be furnished^ by agents, and by SAMUEL, T. HO^VARO, Subscription Agent, No. 21 Nassau St., New York. 
Subscriptions wUl also be received by HENRY A. SI^TTPIE, Esq., at the CENTRAL NATIONAL BANK, New York; Messrs. WINSLOW, LANIER, 
& CO., Bankers, No. 52 Wall street j and Messrs. CULVER, PENN & CO., Bankers, No. 19 Nassau street, New York, 
