The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1864-10-28
THE LADIES ARE INVITED TO ATTEND. 1921.
n4 OIL SUBSCRIPTIONS.

H~S9f@ OIL SUBSCRIPTIONS.
subs sc,p'lon Books to tie following we-iocatsd ana
desirable tracts OF land, situated in tho
and Offering adequate basis fortwo more companies
ere now open.
All that certain tract, piece or parcel Of land contain
VGnanto county ara state Of Penns yivSniS This pro-
pery has large front the TOnesa creek and Is about
about twenty acres boring land-bslancc mya ravin.
runs the uorth SIDE Of IT, This tract lies Immediately
'''''e" TWO oil 'omp"0'csN 9Noa
All that certain tract piece or parcel of land
township Nenango county This property is part OF The
creek. Ii has afre rsyne on t. and some heavy oak
hickory, and hemock timber There are about thirty
property Of an oil company nov at work.
All that certain tract piece or parcel of land being ans
situate in ronesa township venango county. This
my ScTs dS Of On "nsh me os,a OS SS cTas aITs
Lacy mills, and adeS part of tho property Of an "
company.
A u al certain tract peos or parcel otland eonalnn
ship, Nenangc county II fronts Suarts run, and ex
tends acros 10 Sugar Camp run being not only hd
ors OF these two streams, but near the Allegheny river
1t part OF the Waldo tract There are about eight aere
boring glound.
All that certain tract piece, parcel Of land conta nut
sixty acres being and situate fronting the Allegheny
way between the President Tonests II al
joins the Heckathorn arm and also ddjoin and is in tn
All that certain tract, piece parcel OF land contain
Ing tN eyo acres being and situate in Hickory township
Nenango county This is part f the sun traot font
on luuers run, Is near the Allegheny river and about
mile and half northwest Of the town OF fionesta. On
THIS twoVe-sce tract there are about two acres BONN
NOT
An ttat certain tract piece parcel of land contaninS
nifty acres, being and situate In Pinegr0ye tIwnship We
mango comfy, trontgg on and near the mouth OF ruI
timber.
Those seven estates embrace four hundred and hree-
acres; OF VI ich say oneouLh is boring ground Aswll
tributaries, lie advantages ofbenS navigation wher'
o car DC shlpleu are. from me wen without
on and whtre ample timber may be had on the property
the OF either OF these tracts would rcluire
more money than tue majority OF persons have at conn
mand, II IS proposed 10 divide them lnto one hundrt
interests Of one thousand dollars each, thus aOrdng Ia
Of limited means well the capitalist, opporl
tunity TO seeu interest in this tru wonderful as We
All Of these proptrcs heen selected for their el
e m nasyeS sey al are s eSoi tg al
join, and bef'scn lands Cf companies having in tn
aggregate capital Of at least three million Of dollar
whose stock" Is being rauidly disposed OF
As all the usual plan adopted for the deVelOF
certificates Of stock The plan here proposed may be
sideIed prehmHdTb TO the oranlzatlon Of one or mor
sUnscRERs hereto only thousand dollars each and aT
win be gjt win an un1uCstlonabie tile in fec sinpk
uroug out The subscribers can them upon this substaL
oihcfTs from among themselves each subscriber beln
equally eligible TO The position Of an officer OF the com
pany
Some idea OF the immense value OF OIL territory may 81
gathered nom the following statements AT rdeouto tkd
barrels day for three yeAc the Hey irck" well ha
within the last three yielded about 28 600 barrels
oil, and is tin su cessully being worked
The N,ble ana Deamater wen Is pouring forth con,
stant stream Of OIL at The rate OF 800 barrels per dsy
equal TO St0O, two million dollars worth yearly
The jersey well yields about 5000 daily. The Byde Anq
EgbeH Farm, thirty acres has been converted int
companies, representing over seven million dollars.
The quality uf on in -inercnt localities varies Eyer
Wel-iEioImtd person knows that the oil from Tones
creek Is considered fully equal not superior TO any III
the oil region,
Cherry Run, not far from scme Of these properties an
closely resembling them, was offered In Docembr last fOl
$500 Two acres OF the same properties have lust been sol
for over SCO0-one well having been bored which yield
s., 900 per month, or nearly one million dollars pei
annum.
The land interest (Which Is entitled to one half the oil
In three the TAR farm is held az Sj0J.OOO.
The Columbia Company have 800 In fee simple =
that Is nee from atty leases, mortgages. Their soC
was originally sold az $3.50 per share; 1t has been sold
since at $3.50 per share one gentleman, who had 20O
shares which cost him $1,000, offered $4,000 ~
them. Many similar eases might be ciled
THE TERMS
follows - No than hundred subscripue1
VIII be taken. Not less than one share viii be dspOsek
shares, either Tor themselves Tor others live
cont 70 be paid at the time Of subscribing, the balan
within ten days.
The Trustee, J.. Montgomery Bond, ESQ. viii receiI
for bsCT tOus to whose order al checks may be drlwIt
and by whom remtances By mail viii be duy acknow-
ledlod.
Thebooks now open, and subscriptions received by
DUNCAN NJ MIrCHEsON,
once n. Z corner OF ofFOURrH ana WALNUT streets
1925 Hours lOto3 Second story, front room.