The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1864-07-18
TEN THOUSAND SHARES
Reserved for Boaent Of the Company.

The land purchased by the Vance Stewart Rock OIL
Company contains one hinorcd and thirty in
dred and ten feet tho Aosheny river In Cranberry
township, extending considerable distance up, both
Buren, Run, couple OF miles below Franklin, Venango
county Pennsylyauia TIE Allegheny RIVER Territory Is
yielding abundant and permanent harvest an excel
lent quality Of OIL the numerous wells borderlngs banks
producing OF with even sul greater regularity than the
believed the ow OF on below the borough ofFrank
exhausted because lie stradcaton oc volcanic dsrup
ton OF rock dips H enthusiastically dircction eonse
upper end say Of Oh Creek and wells would require be
Roed ds' IN pIGP9ron low5r do ,n tie river where
and much greater supply and superneumbent body or
sIe Of OIL II is certain that scores Of wells the river
duclns during tho past three tour wears unwAverng
Rlnuco at tie map VIII demonstrate the fact that the
lever Two Milo Run and Nl Greek are on the ssmc
dlametrically straight line and ony distant,
OF hills from each other about tGree mics aptrt in pre-
csolv the same direction Il would, therefore. not be
Ia0TdinaryH II BY boring wells on his tract sufficient
Company's wells may soon kai those oi OH Greek in
Their supplies OF hundrees of barrels ol oil daily aud
the shareholders OF this company.
On this particular tract OF Ind there has been lot
Of good OH although itg depth o bore is considered quite
OIL at this wolls mouth was reserved as royalty 10 tle
former owner Of the land and win at inure to the
bored iew hundred eo deep sch yet tubed butn
acaas show o Oil tnMr,l Gay can genoIely
ih0y viii both prove highly em ating wells when bored
reasonable depth. Another vel Is half bor3d, and
promises satisfactory yield,
Samples ofon procured iroE these wells can bo
the office Of the Company, No. 2lJ WALNC Street
The fee Of this valuable oil land, comprising hun
dfed and thirty acres including the royalty Of ATTY
per cent. of oil for tho lea' ed we'll pumping aud tho
entire right Of the three wells partially developed, is
purchased by the COMPANY direct from the owner the
moderate price $50 with Grst Mn In Gne order
q snug house, Sc also patches OF timber.
The sale Of stock Will pay cash Or the land In full aud
leave the Of Sl2A5O cash working capital hand
with which 20 complete the tloe ia wells aud also 10
bore two new wells, with hyo Steam engines &C.,
90 be In running order within few months arrange
ments will be made TO accomplish tsse objects without
delay. No subscriptions will be accepted for less than
Nfty shares.
The vast fortunes reaped hy Rock OH Companies estsb
ishcd here ana elsewhere are notorious lne OH trade t
Yet IN iis infancy, and the demand constantly incteas
It's price Is now Sl2 per barrel AZ the we'll mouth oXcu
sNo OF the cRsk.
Large wells win doubtless be struck At the depth Of $50
feet to reach the third Sandstone Rock Wells have
been bored heretofore 10 thu dcr only Of about 800 feet
IN this vicinity Is proposed 1. bore twenty wells on
this property during the present There Is for
one hundred wells. perfect title, clear Of all incum-
br9ncCs Is confidently assured g. flo Company.