The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1864-12-20
CLARION RIVER
AND
MAPLE AND SPRING CREEK
OIL COMPANY.
Capital stoClS, S2,OoO,oOO.
TWO HUNDRED THOUSAND SHARES, AT SO
PER SHARE,
Origipal guhsor;ntion SO 50 per Shave 6,r
CopItol stoOls, sa,OOO,OOO.
Original Subscription So 50 Per Share for
Full Paid up Stock.
WORKING CAPITAL, 100000 DOLLARS

This Company has secured deed rights and leases to
23Co Il the best oil territory the Clarion river,
being IN the Immediate range Of the Pennsylvania OF
Region possessing most favorable geological surface ndi
cations, Oh creek coal elevation similar, and
surrounding country aboundng In the strongest evidences
abuI daut supply Of oil It's believed that this Com
pany has good boring territory than any other Oh
Company offering It's stock i'm this market at the
cost per share having over 20 miles length river creek
and tributaries.
Their property is as follows viz
ls deed right for oil lsoC acres the pro-
perry known the brandon Tract IN Forest county
the Clarion river and KApe creek with river and
mont Of about ton miles. On this property wei
mencCd BY the former 1860 before reaching the
depth Of 200 feet oil was obtained with every show for
abundant well but owing to the low price Of OIL and tho
uncertainty OF f usefulness the slow and expensive
mode OF boring then In the operation abandoned
Near this spot this Company has now derrick erected,
engine on the ground and all prCpara ons ready to
mtnCo sinking well. This tract by those who have
Aminod it, said to be unsurpassed In indications for
abundant producing wells.
3D. lease for nlnety-nlno COY years Tor nine tenihs
t9lO) OF all the oil ractof 1900 acres known the
Messenger Tract the Clarion river, about u miles
above the Brandon Trat This property has a very
enshe river creek, and tributary front OF about 70 miles
in length.
On this property the Company has three engines
with all necessary tools and machinery to menoe
springs in this nclshborhood warrant the belief that dow
ing wells Will be found at depth not exceeding 80 icc
Nearly all the land the Clarion river, fom It's mouth
to many miles above these tracts has either been leased
sold TO parties or companies in New York Boston,
Philadelphia, Pitsburg, and other cities and develop
mcnts being made with natsring prospects Of
obtaining large productions Of oil from this region.
This Company has reserved the very large sum Of
sCOtoO for working capital enough to sink from 20 to 25
wells; $1,000 OF which has already been expended In
engines tools, and working materials the ground
and with the intention Of Immediately adding more
giRes and tools their present stock, they confidently
expect in short time to have number Of wells in
successful operation. This, together with the fact that
they have the entire product OF oil tract
and tenhs the other, when most companies pay
at least a royalty OF half 10 land owners, also the
very which they offering their stock, being
only fourth orts par value should induce those seek
Ing investments TO subscribe A. once.
The books for subscription win be open the 18th OF
December. at their once, Washington Building, NJ 27G
e. THIRD Street.
g. II. HAYES,
l7-l6a TREASURER.