The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1864-07-06
TEN OUSAND SHARES
Reserved for Bonent Of the Company.

The land purchased by the Vance Stewart Rock OIL
Company contains one hunered and thirty in
ded and ten feet the Allegheny river Cranberry
township extending deIabIe distance tp both
Buren, Run, cocTie of miles below Franklin, Venaugo
county PennsyN la Tic Allegheny River Territory is
yielding abundant and permanent Of excel
lent quail of OIL the numerous wes banks
produO nE ol with ,ven st greater regularity than the
1t is believed the OF oil below the borough ofPrank
lin on the Allegheny river viii probrby never become
exhausted bccaus Tho straincaton, volcanic disrup
non Of rock dips Ia southweswardy direction; oJnse-
upper end say OF Oh Creek aud wells would require be
bOied deeper In proportion lower do tie where,
however there would necessarily be tho most permanent
and much greater supply and superincumoent Dody
stLe Of on 1t certain that scores u wells on the riyer
in the mmedae vicinity OF this land have continued pro-
ducius durLe the past three or four
gialce the map win d.monstrats the fact that the
Lower Two Mie Run and OIL Creek are on the same
puaon the identical same gorge betW cen the range
cf hills from each other about three miles apart In pre-
tTHoIdnsTy, II by boring wells this tract sufficient
depth Of perhaps eight hundred and hty feet that
Conn any wells may ~ al those of on Greek
their 'uppes OF HUNDREDS OF barrels Of oil daily, ana
enormous profits wou thus bo tho fortunate result
the tharehoidsrs 't this company.
On this particular tract Of land there has been let
lease for twenty well no,r pumping fair portion
OF good OIL Rhou- us depth OF bore is considered quS
insufficient 10 insu large flow f' per cent. of ts
OIL at this wen mouth "Ss reserved az ROYALTY to 10
former Of the land, aud will at inurs tue
benefit q the Company There are also two other wells
dica ing show OF on barrel day general
out OF tleu ana DOUBT exist
they viii both prove gtly uneratng wells when
a reasonable depth. Another well Is half bored and
promises a satisfactory y4eh
Samples OF on procured these wells can be seen at
the Ofloe OF the Company, No. 2l5 WALNUT street
Tho fee of this valuable oil land, comprising hun
dred and th acres, including royalty of dtty
per cent of oil the leased well pumping. and tie
entire right OF three wells partaly developed, Is
purchased by ihe ompany direct from the owner for the
moderate pce o Sl@7 5J, with Grst MIL In tlne order,
a snug house, sc rlst patches OF umber.
The safe Of stool Will pay cash for the land In fn aud
leave the Of S2l5g cash working capital hand,
with wLth TO cCNcte the three Old wells, and also 10
bore two Wells, with 1Ve steam engines, Rc.
10 be in RAINING ider within few month, arfan ye
ments will be made to accomplish these objects without
dtay No subscI iOns will be accepted for less than
Hfiy shares.
The vast fortunns ryaped by Rock on Companies estab
shed here ana els where notorious The Oil iridc ia
Je In is infancy, and the demand constantly Increasing
Its price II S2 per barrel at the wells mouth, eNcu-
SiYe Uf the cask.
Large wei vii doubtless be struck tho depth Of
feet 20 he tntrd Sand stone Rock Wells have
been bored hereto 10 tho depth only Of about 800 feet
In this vicinity II proposed 70 bore twenty wells
this property durns the esent year. There for
hundTe ed we'll. perfect title clear Of all ncum-
bEAnoes, Is confidently assured 10 tue Company.