The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1864-12-05
PHILIP II. BRICE & co.,
Il. j. HARRISON, Secretary.
ID II o S P L c T U S


THE HOOVER & MARSHALL OIL COMPANY.
oniee, No aS s. FOURTH Street, below Walnut, back
CAPITAL s5oOOOO Ya s2%RRs I 1900; PAR VALUE, $40.
The properly OF this Company Is situated on the Ale
two and half miles from the town Franklin yenango
county PennsyNama, and upon the same side OF said
tconsss the entire working interest (Which Is one
halt OF the OH produced) in Lease and OH Wen located
the we'll known Hoover Farm" celebrated as among
the rst and most productive OIL Territories, and known
The lease is for Ten Rods square with frontage Of
Ike number OF rods upon the River giving room for two
more wells and has uneXpred term OF twenty
years There is also hrsClass ten horse Engine, Tub
ing Tanks and every thing necessary to carry on success
Inc Wei (Which is flowing and pumping one) has
has produced regularly FROM 100 10 l2 bbs per week (n
SiuGinS iSPPage g. a. times to"Lg z.g"e % n naITSs y per
about $4,000 annually. The on Is superior It's lubrsang
the oil from oil Greek This we'll rightly hqndled and
actively worked by the celebrated Patent Air Pump leaves
tion-from 40 to 90 barrels per day.
The other properly OF the Company consists In valuable
river tract Of hy acres In fee simple adjoining the extreme
borough ne Of Franklin with large boring surface facing
tract thereby increasing boring surface and enhancing
greatly rs value as oil territory In addition to this, It has
hourshing and rapidly growing towns Of the State large
In the product of the wells Of this region there has ever
been remarkable uniformity which, with the late yaua
BILE discovery Of 1Obarrel wen on the isandopposte the
producing wells all around the Company property sss
bic oil erTofies The Franklin Clisen in noticing the
new wells recently struck, SAYS
one by Dal, & Morrow, on october u on the Coch.
Farm, two miles below Franklin, which yielded 30
barrels the first iortyeight hours pumping, Is
dered good 100 barrels John Lee has also obtained
howingwe on the Martin Farm Just aboyethe Hoover,
and nearly opposite the Cochrane which hows over my
barrels per day Also, Mr. Hubbs, who owns lease on
q Smith Farm. who has been pumping four barrels per
day az 4CS feet deep, sunk his well 42i feet and struck
well giving forty barrels per day. Ali these strikes have
been within ten days and the prospect Of number more In
q short time
Fifteen thousand shares have been aside by the Conn
pany for the purpose ofboring three more wells.
= This region with its oil wells so celebrated for their
steadiness and durability, the great numbers Of large
flowing and pumping wells recently discovered, the supe
ror quality Of the oil as iubrcator, and the high prices
always readily obtained, with eXtraOrdlnAry shipping
facilities from the wells being located the margin OF the
river and only two and half miles from the railroad
unite to offer parties wishing to invest in oil territory
safely, Inducements Of the highest character.
Books for subscription ave now open AZ the office OF the
Company, No. POS ), FOURTH Street below Walnut,
Only limited number OF shares win DO sold at - 25O per
share.
n. B-Royalties having risen 70 Ono-haf the oil, tho
Company expect 70 realize largely from leasing portion
li.5OGt T. s. PHILIPS. Treasurer.