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    1. [NYAllega] scrapbook E R Townsend sells oil lease Jan 1914
    2. Bolivar and Bradford men buy $20,000 property located at 11-2 miles north of this village. E R Townsend has sold his oil lease located along the Richburg road 1 1-2 miles north of Bolivar to Thomas Hearons Jr, William Bartoo, James LaSuer of this village and James Blaisdell of Bradford Pa each having a quarter interest. The farm contains 27 and a half acres on which are 14 producing wells with a daily production of 10 barrels. The purchase price was 20 thosand dollars. Mr Townsend purchased the lease from W D Ballard on 6 March 1903. At that time there were 11 wells. Since then Mr Townsend has pulled out eight old wells and drilled ten new ones three of whom have been shut down during the past year. The last well was completed Nov.30, starting off with 30 barrels being located in the flood district. Mr Townsend still owns five producing wells on his lot in Richburg,besides a one half interest in the Townsend- Nichols lease of ten wells and 57 acres in the South Bolivar district. The new owners are all practical oil men except Mr Blaisdell. Mr Hearons is superintendent of the Tidewater Pipe Co, Mr Bartoo is engineer of the local pumping station while Mr LaSuer is employed as a gaugher for the same company. Mr Blaisdell recently returned from Panama where for 6 years he was engineer on the Panama railway being employed by the government. The property has been taken by new owners who have engaged Frances Jones as pumper. The many Bolivar friends pf Messrs Hearons,Bartoo, and LaSeur wish them sucess in their new undertaking Elaine s88897@aol.com

    10/18/2003 11:10:42