The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1864-08-03
TEN THOUSAND SHARES
Reserved for Bsnent Of the Company.

The land purchased BY the Vance Stewart ROCK OF
non nenI contains one huneIed and thirty II
ded sud ten fee the AleshenS riveT ia CSsnssrTJ
township, extending CONSIDER abo distance upon boti
Bmen Run, couple OF mics below Franklin IN venangC
count ItpnsyhMis nc Aleeheny River Territory Z
lent QuAly o. ON the numerous ellis bordering bank,
producns Oi with even sun greater regularity than s
II belle, ed S dow Of on below The borough ofFrant
SSiSassG because he % yoeSo hesS .Sao
u9n 9I f9ea & ds IL ard direction s1nso
upper END, say OF Ou Creek, and wells would require
however there would necessarily be the most pernanSnt
and much greater supply and supertncumben oody or
IN ihc immeciae vicinity land have continued pro-
duene durse the pas three or four years an unwaverns
gaLce he mag viii demonstrate tho tact that tho
Lower Two Mile Rud and Oh Greek are on the same
Numerically straight tine, and only distant on con
thtduon ofhc identical same gorge between the range
o. hs from each other about three milOs aparJ In
ehe' the Same direction IL would, therefore not be
Isotdgary u by boring wells on this tract sqicent
Eomlsnys wells may soon iyAl those Of OH Greek in
enormous prons woud thus be the fortunate result 70
the sharehOders Of this COMPANY.
lease for twenty well pumping fair portion
Of 5000 on although s depth OF bore considered quite
on Al this wells mouth reserved royalty 70 tns
benefit u the COMPANY There arc also two other wells
bored Few hundred deep but yo tubed
be sooopeo out OF tho, and DOUBT exist that
ey VIII both prove hghly emuDeang wells when bored
a reasonable depth Another we'll "a bali bored. and
promises satisfactory yield
samples OF OH procured nom these wells seen az
the Office OF the Company, No. 2l3 WALNpr Street
The fee OF this valuable oil land comprising one hun
dted and thitty including the royalty II hfty
per cent Of oil for the leased wn, pumping,
entire rght Of the three wells partially developed, Is
purchased by tho Company direct from owner Tor In
moderate prce OF SlS7 $50 with Grist MIL In nne order
snug house. &C also patches OF timber.
The sale Of stock will cash for the land In full and
leave the sum or sai5O cash working capital on hand
with which % complete the three old wells, aud also 70
bore two new wells with i've steam engines, 80 l.,
TO be In running order within a few month; arrange
mcnts VIII be made TO accomplish these objects without
delay No subscriptions Will be accepted for less than
hfty shares
Tho vast fortunes resped by Rock OH Companies estab-
ubbtd here ana elsewhere ART notorious The on trade
yet in is infancy and the demand constantly Increasing
rs price is now t2 per barrel at the well mouth,
sive uf the CAsk.
Large wei win doubtless be struck the depth $50
ee 90 as to reacL the third Sandstone Rock Wells have
been bored heTeOt 70 TO the depth only OF
IN this vicinity Its proposed TO bore twenty wells on
this property during the present year There Is room for
one hundred wells. porfeo, title, clear Of all lncuIn-
braboes Is confidently assured to the Company.