The Forest Republican. [volume] (Tionesta, Pa.) 1869-1952, 1877-05-23

IF exchange and deposit ut Summit
City, Bullion district. Mr.. Park. who
has been n prominent md successful
business man in this city for many
years, is thoroughly reliable in oil
business transactions.
--"Blue Beard" and the other per-
formauces given ct the Court House
on Friday evening last, we're we'll at.
tended, and the audience was we'll
pleased with the entertainment. Where
all did 80 we'll, we do not feel like
making distinctions or comparisons.
Our citizens will undoubtedly enjoy
another entertainment by the samO
artists when they can-make it cOnven.
lent to appear. What the receipts Of
the evening we're we have not been in
formed.
The projected railroad between
Franklin and the Bullion oil district
is assuming the shape ola fixed fact.
The road will be built to q point at or
near Clintonville, and will be twenty.
nine miles long. The course is down
tha Allegheny river TO ScrubgTasS
creek and thence up that creek to the
terminus at ClintonviIle or in that
vicinity. The capital stock is sSo
hundred and seventy FIVE thousand
dollars, $50 shares Of 81 900 each
of which sixty-four thousand dollars
is already subscribed.-Er.
The result of the new Stay Law is
q surprise to the men who framed it.
The courts have universally decided
that the law does not apply where
benefit Of stay laws Was waived in the
note. And as :he benefit of stay laws
is waived in the nute, it is difficult to
see the relief to debtors promised in
the act. Aud US debtors do not conn
ply with the law--ffih section-in re-
ference 10 the payment of interest,
without which they cannot take the
benefit OF the law, it is really inoperA :
tive. On the whole, the stay law may
be set down as a fat failure.
AT the annual meeting Of the
Pittsburgh Titusvillc and Buffalo
Railroad Company at Philadelphia,
Tuesday, the directors reported that in
1876, since the organization Of the COM
pany on January II, the total receipts
wers $705,109 20. being $l03,776S1
decrease frum the whole year 1875 tot
alexpenses $455 1923 AZ decrease $115,-
047 80 net earnings. $3.50, 100 10; IN.
crease, S11 ,270 So. The following we're
elected President, Thos. II. Dudley
directors, John Scott. James II. Camp
bell, John w. MofIiy. John S. Ritter,
Joseph G. Berr and Charles Il. FVulke
-ClarioB now produces more oil
than any other county in the State
The daily production of this county al
present is about IL, 900 barrels. This
brings from $4,000 to $4,000 day
and Of course makes money plentieI
than in other places. Nevertheless tho
hard times prevailing elsewhere, ha'
caused an immense emigration to this
county, so that every profession, trads
and occupation seems overrun. Lab
orers unskilled in the kind of work
required in the Oil Region are crowd
ing in by hundreds, and most of then
being without means, suffer many hard
ships-beipg unable to fin employ
ment.- Clarion Democrat.
About two years ago Ed. Sim
mons, of Oil City, was sent to the pen
itentiary for embczzling funds while il
the employ of tho Oil City Saving
Bank. He had n young and hand
some vile whom he loved devotedly
and whose ambition for elegant appar
el was, it is said, the cause Of her hus
bands fall. After tAe conviction o
Simmons his wife went to Califsrni'
to live with a relative, a wealthy cap
italist Of that State. In few moath
the prisoner will be at liberty. Dur
ing his confinement he has maintain
ed regular correspondence With hi
wife, and has been anxiously looking
forward to the hour Of his release il
order that he might be reunited will
her. A short time since, however, h