The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1864-09-07
TEN THOUSAND SHARES
Rsservsd for Btnsht Of ht Company.

The land purchased by the vants stowart Book OIL
COMPANY contains one hunored and thirty one acres, ia
dred iest on the Aiighsny river IN ClAnoerry
s 6 & s nH SRS5 ya5
Buren, RuR, couple Of miles below FRANKLIN, 10 venango
county TcnnsyIvauia. Tie Allegheny River Territory s
yielding an abundant and permanent harvest Of an excel
lent quality of on tie numerous wells bordering banks
wells along OH Creek.
Ills beloved ne Of OIL below the borough ofFrans
exhausted because the sa,lncafon or volcanic dsrur
1S5n 9n N fs H. as @ OF or on %"as By R su. % ne
upper end say Of on Creek and wells would require b
however there would necessarily he most permanent
aud much greater supply and superincumbent body or
In ihe immediate vicinity Of thls land have continued pro-
ducnR during the past three or four years an unwayeng
glance al to map viii demonstrate tho tact that the
Lower Two Mile Run and on Greek are or the same
diamotrcaly straight Dne and only distant On a CON
tAuenou " Rc Identical tame gorge between the range
csely the direction Il would, therefore not be ey
traordnRry II by boring wells Ibis tract suflciont
Companys wells may soon iiyal those Of OH Creek in
their supplies of hundreds o, barrels Of oil daily ana
tho shareholders Of this company.
On this particular tract OF land there has beOn let
lease l9f twenty years wei nCn pnmpng far Poruos
Of good on although It's depth Of bore considered quite
on at this wells mouth reserved ss n royalty tae
former Of the land, and win at lnure to the
bored few hundred et deep each butno yet tubed
dcatng afTst-rate show OF o barrel day can generally
they win both prove highly Tsmunersung wehs when bored
reasonable depth. Another well Is half bored. and
promises q satisfactory yield
Samples gfOn procured from these wells can be at
the Onice Of the Company, NO. 2l3 WALNUT Street.
The fee Of ts valuable oil land, comprising hun
dred and thirty acres including the royalty Of any
per cent. Of oil for the leased well pun ping and the
entire right Of the three wells partially developed, is
purchased by the Company droct om the owner for the
moderate price of bl3 bb0 with Grst MIL In ne order
snug house, &c. also patches OF timber.
Iho sale Of stock will pay cash for the land In f and
leave the Of sildJO cash working capital hand
with which 10 complete the three old wells and also TO
bore two new wells with aye steam engines &c,
TO be In running order within few months; arrange
mens will be made 20 accomplish these objects WITHOUT
delay No subscriptions viii be accepted for less than
my shares.
The vast fortunes reaped by Rock Oil Companies estab
Hshed here and elsewhere notorious The Oil trade Ia
yet in Its infancy and the demand cOnstantly increasing
It's price Is S2 per barrel at the wells mouth, eNou
slye ~ tho cRsk.
Large wells viii doubtless be struck nt tho depth Of $50
feet to reach the third Sandstone Rock Wells
been bored heretofore to the depth only Of about 800 feet
IN tls vicinity IL Is proposed TO bore twenty wells
is property during the present year. There Is for
one hundred wells. perfect title clear Of all ncum-
te 0Dn NIN AZ aH 10 ftp