The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1864-08-10
TEN USAND ARES
Reserved for Beneht OF the Company.

Tho land purchased by tho Vance Stewart Rock on
Company contains one hmortd and uirty-one acres In
the very OF the oil region thousand three hun
dIed and ten feet on the Alesheny river in Cranberry
SS sides on Se Io%er Two @S un commonly called Van
Buren Run couple Of mites below franklin, IN Yenango
county. .PennsylvaIa. Tie Allegheny River Territory Is
yeidnR abundant and permanon nj harvest o an excel
Tent quality OF on the numerous wells bOrdefnsls banks
producing on with even st greater regularity uan the
II is believed ho flow of on below the borough ofFrank
lin, the Allegheny river, will probeby never becOme
exhausted because the srahoaton, Or volcanic disrup
Sn q rGse s Se6s Ss OF on 6 the the
upper end say OF on Creek and wells would require 20 be
boIed deeper In proportion lower do IN tie river where
however would necessarily be the most permanent,
and much greater supply and supcLncunbent oody or
In the Immediate vicinity OF this land have continued pro-
ducne durl the past three tour years an unwayefns
sisnce at he map viii dsno srate the tact that the
Lever Twg Mie kg1 ana o. V5E d sfs on m te so a,
fuuatior o1he ideniical sam, gJc between the range
on his from each other about te miles apart In pre-
cisey the same dIrectlon II would therefore be
tTaordinary IL by boring wells this tract sufficient
Compsnys wells may So n ! al hose Of OH Greek in
their supplies OF hundreds OF U Ercls Of OIL daily and
profits would thus b. the fortunate result TO
the shArehodsrs OF this oomDanr.
on this particular tract Of ~ there has been let on
Lease for twgnty years, well nor TbNr1g fair portion
Of good on, although It's depth borg considered quite
OIL at this wells mouth was e tTcd at royalty 70 tae
former Of the land ahd - a! onse innse to me
boxed few hundred feet de-, D. tubed, ,but1-
dealing rst-rate show OF on barrels day 1eneJay
De hcoopeo out Oi 10 'eNlAa
they win both prove highly Iemal ating wells when bored
a reasonable depth AnOther vel Is half bored, and
promises a satisfactory yield
Samples Of OIL procured from thcse s can De soen al
the ofiee OF the Company, No. 2iA WALNUT street
The Sc OF this valuable Oh land, comprising one hun
dted and thty acres, reducing the royaly oi any
per cent. Of oil for the leascd w. u. nor pumping, aud the
entlTe right of the three wells partially developed, Is
purchased by the Company direct fo The owner for the
moderate price tl37 5JO with rist Mill In ne order
a snug house, 40 also patch6s OF timber .
The sale OF stock will cash Tor tho lana IN iu ana
leave the o. $3.50 cash working capital ON hand
with which 10 complete the N Old wes and also TO
bore two new wells, with nye steam engines, &e.,
to be In running order within few monthSi arrange
mens will be made 70 accomplish these objects without
delay No subscriptions will be accepted for less than
any shares -, ,, -,
shed here and elsewhere are notorious The on trade Ia
yet Its infancy, and the demand constantly Increasing.
Its price now sl2 per barrel at the "es mouth eGeis
Large wells win doubtless be struck at the depth Of $50
feet 80 as reach the third Sandstone Rock Wells have
IN ths vicinity. IT'S proposed 70 bOfe twenty wells on
this property during the year Tnere is room for
one hundred wells. perfect title, clear OF All tncum-
bTances 10 confidently assured 10 the Company.
Lists Of subscription open until the 80 900 shares
are subscribed payable q per share % The order Of Alder
man JAMES MCCAHEN, the Treasurer Of the Company,
No ,O6 WALNUT sreet, or At No. l25 WALNUT Street,
or at the once Of the Company, No. 2lS WALNUT
Street.
The public are invited to can ior prospectus. 5S-h