Rensselaer Journal, Volume 11, Number 3, Rensselaer, Jasper County, 27 June 1901 — New Oll Find in Michigan. [ARTICLE]

New Oll Find in Michigan.

A heavy flow of crude oil has been accidentally discovered on a farm near Niles, Mich., owned by W. W. Stevens, who was sinking a well for artesian water. Dudley Shively, a South Bend capitalist and successful prospector, has closed a deal for 600 acres, comprising the Stevens farm, together with four neighboring farms. Shively will ■ink wells at his own expense, guaranteeing the owners of the land one of every eight barrels of oil the wells produce. There is a steady flow of oil from tlje Stevens well.