The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1864-07-20
TEN THoUSAND SHARES
Reserved for BoRent OF the Company.

The land purchased by the Vance Stewart Rock OH
Company contains one hunered and thlrtyone acres Ia
dred and ten feet the Allegheny river, In Cranberry
township, extending considerable distance upon both
Buren, Run, couple Of mites below Franklin, IN Venango
county PennsylyaniA Tto Allegheny Rlyer Territory Is
yielding abundant and permanent harvest an excel
lent quality Of OIL the mum, wells bordsngs banks
producing on IN Gyon stu greater regularity than the
1t believed the flow OIL below the borough ofFrank-
lin. the Allegheny river will probably never become
exhausted, because the straloatOn, volcanic dsrup-
zion Of rock dips In enthusiastically direction;
uppor end say Of on Creek aud wells would require 10
bored deeper In proportion lower do Nn the river where,
however there would necessarily be the most permanent
and much greater supply and superncunbent body
sue OF on IL is certain tina OF wells the river,
In the immediate vicinity Of THIS land have continued pro-
ducns during the past thrCe four an unwayeng
and steady daily yield OF OIL.
glance at fie map viii demonstrate the fact that the
Lower Two Mile Run ana Oh Greek are on the same
tnuaon OF he identical same g7rjs between the range
of hills, from each other about three miles apart pro-
traCrdinary, II by boring ellis on this tract sufficient
depth OF perhaps eight hundred and hiiy teet that the
their supplies OF hundreds uf barrels OF oil daily. und
profits would thus be tie fortunate result to
tho shareholders oftbls COMPANY.
% this particular tract OF land there has been let
lease for twenty years well l9c pumping fair portion
good OH although It's depth OF bOre Is considered quite
insufficient TO insure large flow tv per ceat of the
Oh at this webs mouth Wa reserved royalty 20 tlo
former Of the land, apd will at once inure to the
benefit Of the Company. There arc also two other wells
bored few hundred feet deeG ch butuo ubed outn-
dIcaiing strate show Of ON birrcla day generally
be scOoped out Of them and 10 dpubt seems 70 exist that
they win both prove highly lneratng wells when bored
a reasonable depth. Another well Is half bored. ana
promises a satisfactory yield
Samples ofon procured nom these wells can be seen at
the office OF the Company, No. 2lj WALNh / street
The fee Of this valuable OIL land, Omprlsng hum
dred and thirty including tide royalty Ot any
per cent Of oil for the lease w, nor pHgPiHJ aud the
entire right Of the three wells partially developed, is
purchased by the Company direct from owner for The
moderate price ofslS755o, wha Grst Mn in nne order
4 snug house, &c; also patches OF timber.
The sale OF stock will pay cash for the land In full and
leave the sum Of $3.50 cash working capital on hand
with which 10 complete the three old wells, aud also
bore two new wells, with five steam entnes &C,
70 be in running order within few months; arran'o
Will be made accomplish these objects without
delay. No subscriptions Will be accepted for less than
my shares.
The vast fortunes reaped by Rock on Companies estlb
lshed here elsewhere notorious Inc OH trade Is
yet its nfncy and the demand constantly increasing
Its price sly per barrel NJ the we'll MOUTH eNclu
siye OF the CABk -
Large wells viii doubtless be struck at the depth Of $50
feet reach the third Sandstone Rock Wells have
been bored heretofore TO tho depth only Of about 800 feet
in this vicinity. IL proposed to bore twenty wells
this property during the present There is room for
one Hundred wells. perfect title, clear OF all incun-
brances Ia confidently assured 10 the Company.