The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1864-07-23
TEN THOUSAND SHARES
geseryed for Beneht OF the Company.

The land purchased by the Vance Stewart Rock Oh
Company contains one hunered and thirty one
died and ten ieet ON the Allegheny river in Cranberry
sides O The Lower Two Mile Run, commonly called Van
Buren, Run couple Of nli.s below franklin, Venango
county Pennsyla TIE Allegheny River Territory
yielding an abundant and permanent harvest Of excel
lent quay oi OIL the numerous wells borderngls banks
proInc ny O with even sun greater regularity than the
believed tie flow Of OH below the borough or fFranS-
n on the Aeeheny river, will probably never become
exhausted because the stra hcauOn, volcanic dsrup
ton OF rock dips in southwestwardly direction;
Quenty the beds of OIL ~ouu be surface AZ Inc
upper end of OH Greek and wells would require 10 be
however there would necessay be the permanent
and much greater supply and supcrncumoent BODY or
in the immedia vicinity ofthis land have continued pro-
dneg dgI,g the past three or four years an unwayes
gagce at Ne viii danonstrate the that the
LeNGr Two Mile Rul and Oh Greek on thG Same
dametricaiy straight pne, and ony distant, coG-
Rsndhon OfHe IDENTICAL same grge between tho rage
Of hs nom enh other about three miles apart IN pge
csel the direction II would, hereforo not be eA
traoIdnarS II by boring wells this suaciont
depth nI perhaps eight hundred and hiW feet that The
ComIanys wells may soon iyal those of OIL Greek IN
eD1pous rohs would thus be the fortunate result TO
the Shareholders oi tins company.
On this particular raCt Of land there has been let
lease for twenty years, well Daghgs fair potion
OF good on, although rs depth OF bore is considered quite
on at this Ws mouth "as Reserved rs royalty u ne
former ow o' Of the and and win az once nure to the
benefit " the Company There also two other wells
6oTeC few nandI, deep ,ch 6a not ye n6ed 6atn
be scuope0 out o them, and no doubt % oV thar
they win BON Prove hghly eatas wells ~hcn bored
q reasonable Atpth. An9her well Is half boIot. and
promises satisfactory yield
Samples ol u! gI2gITsl fr'n thc wells be AZ
the Otlge 0f ne Company, No. 2l3 WALNUT street
The fee Of ls valuable Oh land, comprising ono hun
dred and th y one acres, mcndlas ne royalty oi iaty
per cent Of oil ior the luasC wen, t0r pumping, and the
entue right Of tho three wells partially developed Is
purchased By The COMPANY direct ffom tG9 owner Tor ho
moderate pIc' OF 6lS, wha Hriat MN IN lAo order,
a snug house, also patches OF timber.
The sale Of Stock viii paw cd9h Tor th2 land In tiil G
leave The suia of $3.50 cash working capital on hand,
with which TO complete ne '1,ee Oh wells and also to
bore two now wells, win hye steam enHnos, &c.,
TO be In order within few months; arruu
VII be made accomplish III objects without
delay, No subscriptions viii he accepted for less than
| nfty shares,
The vast fortunes reaped by Rock OH Companies estAb
lshtd bolc ufd csuw here are notorious The OH trade ].
YET In its mLsv and The demand constantly inCrCaNng
1s price g. now So per barrel OF the wells mouth CNcll
/ siye OF The nask.
Large wei will doubtless be struck AZ tho depth 1f s5l
feet % reach the Ghrd sandstone rock Wells haze
been bored hc etTc 20 me depth only Of about 800 feel
| in this ycmty Uis proposed q bnrc twenty wells on
this property du.ng the present year There is room fol
one hundred wells, perfect fc, clear Ut all incum
| bTancea Is confidently assured 70 the Company.