The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1864-08-09
TIN UsAND SHARES
Rsierg ed fcg Beneat Of tts COMPANY.

Tbs land purchased b. tho Vance Stewart RcoS on
Cor pan, contains ono huntsed ana thiry cns acres
dred ana ten iee. on The al tghenS ryeI in CraabcrTy
township, extending ccnaidci abe distance up III beth
BuIeu R1u, couple Of mits below Franklin. venAngo
county ,PennsylyRiB 10. Ito Allegheny TorFiory Is
ieLt quGy Of on, the numerous We bordering s banks
producns OF with even stn creator regularity thAn the
It believed the hOw q on below the heborough cfFrsnk
fin, on tie Allegheny river win probFbU never become
oyhnused because tic strstiaoaton volcanic dsrup
ton o. toeL d!ys Ia southweSwardly dirvouon oonso
uppSr su! Of Ou Creok and we would require 10 be
toled decor In proportion lower DO gn tho river where
hlNo'eT there would necessarily be the most permanent
aud much greater supry and supenneumbent cody or
sn n e, Oh h Is GeTtsh % u s sI1iy weus on the sysr
dUene dur the past three or four years an unwRvernR
giSIce at lie Iuap win demonstrate the tha. tina
LLweT Two Mle Run and Oh Greek arc on tho came
s,G,,oN o16t tdeacaI iaTS gar5e between tho raHgo
OF hills from each other about three mioe apart IN pre-
Cisc the direction, IL would, hc~Ctute not be
db of nssbsps eIebt hundred and dfy feet tha, de
COmlsnys wells may l.Gl those of on Greek in
theH suppos Of HUNDREDS Of barrels Of oil daily nnd
enormous proats would thus be tie fortunate result 70
the shareholders OF this companY.
on ths particular OF land there has been let
Of good Oh, although depth o, bore considered quite
insufficient TO insure large TOW IN, per cont Of the
on at thh wells mouta was reserved as ROYALTY % the
former owreT o. the land aut VIII AZ once inuro 70 the
dcning show of on barrelA day can generally
tlUy WIFI buh prove highly remuLe'aing wells when tOTed
reasonable depth. Another vel Is bali bored and
promises d satisfactory yield
Samples ofOD procured from these wells
the office Of the Company, No, 2ia WALStT Street
The fee Of this valuable oil land comprising one hun
drtd and Thirty acres, including the royalty n hfy
per Of oil nor the leas cd w H. nor TtDg and the
entrn right tho threo wells partially developed Ia
purchased by the Company drccl rom ne owner. Tor the
moderate price ct Ss7 0 with urt MIL In hne order
L snug house, &C also patches OF timber.
The sale Of stock viii pay cash for tho land In fu aud
tsyC the tf ot2tO cash working capital on hand,
with which 10 complete the thee o Nels aud also 70
bore two uew wells, with i've steaa casinos, &e.,
20 be IN running order within few montnsi arrange
ns VII be made 10 accomplish these obiecs without
delay No subscriptions will be accepted for bsS than
itJ shares,
ne vast fortunes rcapod 10y Rock on Companies oslab
shtd here CseN here nutoreEs The on trade Is
yet In Ito infancy. the demand constantly Increasing
It's price nov SIP per barrel at tie Wes mouth exou-
sive OF tho cask. -
Large wells w doubtless be struck at the depth Of $50
feet as 70 roac' the third Sandstone Rock Wells have
been bored to the depth only Of about bO0 teet
In this vicinity It's proposed q bore tWeuN Weiis on
this property during the picscn wear. There is for
one hundred wSls. perfect ttlS clear OF al mcam-