The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1864-09-02
TEN THoUsAND SHARES
Reserved FOR BENEFIT Of the Company.

The land purchased by the Vance Stewart Rock OIL
Company contains one huored and thirty seres In
dred and feet the Allegheny river, in Cranberry
township, extending considerable distance upon both
Buren, Run couple Of miles below Franklin in venango
county Pennsylyania ne Allegheny River Territory
yielding abundant and permanent harvest Of an excel
TENT quality Of on the numerous wells bordering is banks
producing on with sn greater regularity than the
it's believed the flow Of Oil below the borough ofFrank
exhausted because The stra,ncaton volcanic dSrup
ton Of rock dips IN I eonsS Sc,
upper end OF on Creek and wells would require 20 be
bored deeper In proportion lower down the river where,
however there would necessarily be the permanent,
and much greater supply and superineunoent body or
IA the Immediate vicinity Of this land have continued pro
duolng during the past three four years an unwayerng
glance at ie map win demonstr9to the TACT that the
Lower Two Mile Run and OH Creek are on the same
diamctrcally straight line, and only distant on eo
htuaton fhe identical same gorge between the range
cely the direction. 1t would therefore not be OK
deSb Of Perhaps eight HUNDRED and fy feet that The
CompRny'B wells may soon liyal those OF OIL creek IN
profits would thus be tie fortunate result to
the shareholders OF this company. - =. -.
on particular OF land there has been let on
Lease for twenty years well reg 70 D1p'nG ds RoTs Gto
fnsnHcieni to insure large ow FiGy per cent. Of the
on at this wells mouth reserved rs royalty TO the
benet OF the SompanS @ there are also two other wells
bored few hundred feet deep each butno yet ubed
be scooped Of them aud no doubt seems 10 exist that
they VIII both prove highly Weis When DoIe1
q reasonable depth. Another well Is half bored. and
| promises a satisfactory yield
Samples on procured nom these wells can be seen at
| the office Of the Company, No. 2l3 WALNUT Street
The fee of this valuable oil land, comprising one hun
dred and thirty including the royalty OF hty
per OF oil for the leased well pumping, and the
entire right of the three wells partially developed, IL
purchased by the Company direct from the owner for the
moderate price OF Sl3750, with Gris MN In nne order
| a snug house, sc; also patches OF timber =
The sale Of stock will pay cash for the land In u and
leave the Of Sl2A50 cash working capital on hand
with which TO complete the three old wells and also 10
| bore two wells, with Ave steam engines, &C.,
to be In running order within few months; arrange
mons will be made 10 accomplish these objects without
delay No subscriptions will be accepted for less than
| my shares.
The fortunes reaped by Rock on Companies estab
nshed here elsewhere notorious The OH trade h
yet In Its infancy and the demand constantly increasing
Is price Is Sl2 per barrel at the wells mouth exelu
Bive Of the oask,
Large wells VIII doubtless be struck at the depth Of $50
feet reach the third Sandstone Rock Wells have
been bored heretofore to the depth only of about 500 feet
I'm this vicinity tbs proposed TO bore twenty wells
this property during the present year There s for
one hundred wells. perfect title, clear Of AL inoum-
brances Is confidently assured 70 the Company,