The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1864-07-26
TEN THoUsAND SHARES
Reserved for Benefit Of the Company.

The land purchased by the Vance Stewart Rock OIL
Company contains hundred and thirty In
the very of tho oil region, thousand three hun
dTed and ten feet on the Allegheny river In Cranberry
sides Of The Lower Two Mile Run commonly called Van
Buren, Run couple OF miles below Franklin, in Venango
county Pennsylvania, The Allegheny River Territory Is
yielding abundant and permanent harvest Of an excel
lent quality OF on, the numerous wells borderngs banks
producing on with even stu greater regularity than tho
Wels along OH Creek. -, -, -, -, c,,--,
lin, the Allegheny river, will probably never become
exhausted because the srahcaton, volcanic dsrup
aTeniy the beds Of on would Be nearer the surface s The
upper emo say Of on STSSk ana we %Ild % ISgs 70 Se
however there would necessarily be the most permanent
SepS EI e on Il Is certain hat scores Of Wells on the o
In the immediate vicinity of this land have continued pro-
and steady daily yield OF OH.
Lower e Two o. Mile Rnn and OH Creek are on The same
diametTcaly straight line, and only distant, on con-
OF hills from other about three miles apart In pre-
cely the same direction. t would therefore not be eX
depth Of perhaps eight hundred and fy feet that the
tRer supplies Of handreds Of barrels OF oil daily aud
enormous profits would thus be the fortunate result TO
en- this particular Of land there has been let
Lease for M tTsnty YEAR wS n9 ne PgSg s 3oGs a
lnsnifcient TO Insure large iow Iny per cent OF tho
former owner Of the land, and win at inure to the
beneht Of the Company There also two other wells
dealing irst rate show Of on barra day generally
be seooged out OF them and no doubt 70 exist that
.
a reasonable depth. Another well Is half boTed' ana
promises satisfactory yield
Samples OIL procured from these wells can be seen at
the Office OF the Company, No. 2l3 WALNtl Street.
The fee of this valuable oil land comprising one hum
drcd and thirty including the royalty oi hty
per cent oil for the leased wen, pumping and tho
entire right the three wells partially developed Is
purchased by the Company direct from the owner for the
moderate price OF Sl3I5O, with urlst MIL In ne order,
a snug house. SC; also patches OF timber.
The sale OF stock VIII pay cash Tor the land In fu and
leave the OF Sl2iiO cash working capital on hand,
with which TO complete the three old wells, and also "
bore two wells, with i've steam engines &C.,
10 be In running order within few months; arrange
nCnts win be made TO accomplish these objects without
delay. No subscriptions will be accepted for less than
any shares.
Tie fortunes reaped by Rock on Companies estab
Ahed here ana elsewhere notorious The Oil trade IL
yet In It's infancy and the demand constantly increasing
Its price Is 81 per barrel at the wells mouth cNcu-
siyc ot the cask.
Large wells win doubtless be struck AZ the depth OF so
feet 90 Teac. the third Sandstone Rock. Wells have
been bored heretofore tic depth only Of about 500 feet
In this vicinity II II proposed to bore twenty wells
this property during the present year There s room for
hundred wells perfect title, clear Of all lncum-
brances Is confidently assured to tho Company.