The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1864-12-22
PRESIDENT,
JAMES MCMILLAN.
No. 4ao WALNUT STREET


The property of mis Company 6, ,'I n vs-,ugo eouuty
ar' is beloved 10 5o as good oil ger,orr any .ao
c,u.ty.-
no T. one. Nurih royalty interest IN thre, acros ono
hundred and five p.rches OF land being che ,fcHFptoak
Reserve situated At tho junction Of Oh Greek with Cherry
Run The leases C91 ,ea-sb held by energetic ami 10
ponshe men. There Hoviug well struck about tho
2'th OF October, ana yielding l4O barrels p0r day.
Win good prospect of lauc nercbe Tntro O.. also
puuHmg wor, yielding over so barrels. urrsaIilg daily
NdIts confidently expected will become large 11vinR
we'll 1lrcc other we'll, nearly completed, one 2s
deep 'u to third sand rooS $50 feet dO,7; Hai
feet deep, ust throu-h bo third sand rock and ready ,f
be crgac. which Is ON the ground, aud a10t1r usl com
Urnoed, m all of which OIL has already been lounI a1d
will bee " supposed, ,il r. q soas, largely jfrsivo.
maxim. wells completed and 10 active process OF
g'otou. Ou this Territory uefg 'Jr twelve orsV-
teen wells, and from tie character u the lessoss win be
developed rapidly.
Eos one barcr Of er-und IN the ccn,rs ortn- above
tract reserved originally by the owner his rgsdorco,
and on which stands Tla s fee smYa. bat cub. cot.
fourth of the Oh produced frem &c. The bos juig
pronounce ks haf acre 10 DO as geoa oil territory a.
any on the creek aud which the Company expect dsvs
10y ssrsruy possible for the benefit of thosocho da
Nos one third v1rl lug 10 crc.t ln three and ouc taY
asrDs on Greek, situated further ur, adjoining tho
widow NcCIlutoct6 farm, and as myUuhly located as
Eos.I and .. on this property there s new we'll pa,
dusng 30 barrels cT oil daily, and Increasing Another
well In progress Sfboriug, aud progrc,sn. satisfactorily.
This property susceptible OF greater dcyc'pmout oul
| promises 20 be lar.elyFroducyc
No. l. Two hundred and Of laod in zoe simps
on iuoo Greek, t.ro1 miles Com iha Allegheny Ri7sr
and surrounded with wells, already Jed and success
fu large portion OF this farm is believed TO be good oil
| territory.
No p. valuable tract on Stuart's Run. containing
about thirty acres This regarded Quo OF The most
desirable regions outside Of oil creek and Cherry Ran
sey,rucowpaucs have CONNIE. ccd operations with hls1y
| favorable prospects.
No G. A valuable tract on aud near Tubs Rum which
tmptcs irtp the Allegheny River e east side, Fhout
one mi above Ti5uesta Village Several ravines pass
through this property and there considerable u good
tmbcrcu Noreaon why &c should provo 90 b., COED
oil territory.
Nc T. valuable tract Tionosta creek, inst above
Lacey NILS On tho hand side of n0 cre9a contain
ing about my acres, With t8 many rods on tho creak
Indie ations for OH very favorable.
No. g. Ayauaslc tract Tlones'a crock Just above
the last described con aiming about hty acres and about
| my rods front on tho creek.
no o. trAc, n territory On and adjoining which
suptss into Hsmlook creek about hyo mites from rroIt
dent and the property OF the rrs'd Mt Psrole1u
Company It contains about twohundred 'cres, part vel
tanbsred the balance believed to be good rIltorriory
No TO- A valuable tract aud FtioIo Eun, sb1u
one mile from the Alcgheuy river, and nearly oDpoaa
the celebrated Pittole Greek, which IS rdcd vita
]
aero part well hmbered and there are good reasons 70
believing they will prove good oil territory.
Immediately gonE iEto operation this company VII
be ia the receipt Of say VI barrels oil per day, which
NSlO On 10 now selling at Sl2), will he daily Income
$500, or SlsOOO0 per annum, enabling TIE company
make DIVIDENDS oruot less than three psr cent per mont
on the nvestRlon from tho beginning, vita COED pros
pset Of a large increase.
II Is believed that no oil company has been formed vii
more certain prospects, OF success Oaly limited por
ton Of the stsek offered At So S tic cop'rsor' oona
deuty believe that IN very short time the stock VIII
worth much more haupE.
| As the company relies mainly on the Arst describe
property their present Income tho following Eepor
made by committee oi goHemgu appoS,cd TO make tA
examination Is subml,tcd:-
Tho undersigned commitoe, appointed to examine tn
property the MoCntoeA Reserve Oh Company re5pcS'
fully report
That thcy nave tho~oughlyioH amnOl the John MeCln
tock Reserve situated the junction Of Oh Creek an
Cherry Run. The properly slooatsd on beau'h blul
admirably sdsptcd " bonuE There sro six wells hnsho
Aad in progress One well which had been yielding aooJ
ferry barrels daily had suddenly nreased 10 ono handre
and forty barrels and was flowing At sUoa; this rate
ourylst Another we'll, req resented as ycldn. seventy
FIVE barrels pumping at tho rate or sight 20 ninoi
barrels and the Intelligent superintendent and lessea va
ssugune r the expectation that In short time wou
become q flowing well, and give uAaoh larger yiel
These two wells but few weeks Old, and have ever
Indication Of becoming very large wells.
Three other wells are in process OF boring snt will
ansuCd on or before tho ngsg OF January and from IL
Indications, believe they viii all bs largely proiaohr
One other well wSt lust commenced and TlA DO pasA'
rapidly 90 completion.
To wnee Of the property, except tho fsfsege WIKI
TIE homestcgc stands, -gI been lease 70 ami d n tic han
ofsxperienced and energetic WHO vi spare no psiI
or expense to the proI sry IN hc beet manner ~
In the fnor est possible dnS-
The terrcks, houses eus ines, toos ctg are All hs'
ard TIC be-. uer sind ana in excellent order, sl'
evidence cf tie ta suservI5i5n of the oFneEs Of
lesfos.
We have 40 ioub. u4at tho C,mpaays ln,srsst-or
tourh rsysI about nly-nyt barrels per day wi
at SO is $40, " u he greatly ralel.si b. Tho hrst
JaLuary mex: ana As tho laid o admit 0f twenty we
being bored rpon l0 good idea NAY be formed Of {
immense yield which viii Tssllt WheG an are naiihc
The homestead occup.e, half aore-tr5m which t
Company wiltrcr.o tbrse surths o. 'he oil II nsy wO
g.. arGuiiah yoGr eouni.ee strongly roclmms aJs ;
wr'd no' b. sun-sNg hs ir;s'',t o'H9 saould' bei'
the plraion oi ca, res izs o.m. o several La
dr.5 barrels per Gay.
The tu.ls property consists OF a 'uto cye- our Hu1
viii supcr lor dwelling aad roo5 bars NO. it. FT'
lie progluuy 20 Csc.g. buu, and g7.u,sr ioeasi,
10 ra au.,,fJ ly o.asr weusi the .1 ,iao nelshb
Erod We ars TO Tie .'c'n tast h 1 Que Of lhs n
ts,4 -bIe properties Oh eli Creea,
lopgs respectfully
j RElhBoIH.No No. $3.50 raNig. strccL
JAMES NcHuLAN 40. G'3 sanson, sLts
:. 70 a.nwGw w.u RICHARDSON, Ne go bla14st s.
| ~ " ~ q