S. S. Watkins, who died at St. Paul in the fall of 1896, was given a lot for a grocery, with the privilege of sinking one well for half the oil. He opened the store and sold the oil-right to Wade Brothers for twenty-five-hundred dollars. The Wades sold one-eighth of the working-interest to the Pittsburg Petroleum-Company, used the proceeds to drill the hole and stuck the tools in the third sand. The lookout for a paying strike was exceedingly poor, but James Wade held on and tubed the well above the tools. It flowed three-hundred barrels a day and Wade sold his seven-eighths to Frank Allen, who offered the Pittsburg Petroleum-Company seventy-five-thousand dollars for its eighth. When the Wade declined to fifty barrels the company pulled the tubing, moved the derrick three feet and drilled another, with no better result. Thereupon the Wade was abandoned, after having netted the Great-Republic Oil-Company a quarter-million dead loss. In 1864 Cornen & Beers organized the Cherry-Valley Oil-Company, sold twelve or fifteen leases and put down all the other wells themselves. The partnership dissolved in 1876, Mr. Beers maintaining the farm and Mr. Cornen dying at his Connecticut home in 1893. The Smith rated among the best properties in the region and it still rewards its fortunate owner with a moderate production, although merely a shadow of its former greatness. [Illustration: PORTER PHIPPS.] Blacklegs, thieves and murderers ran little risk of punishment in the early days of oil-developments, unless they became unusually obstreperous and were brought to a period with a shot-gun. Scoundrels lay in wait for victims at every turn and stories of their misdeeds could be told by the hundred. The McFate farm was one of the first on Cherry Run to be sold at a fancy price. S. J. McFate, one of the brothers owning the property, two weeks after the sale in 1862, walked down to Oil City to draw several-thousand dollars from the bank. He displayed the money freely and left for home late at night. The road was dark and lonely and next morning, in a clump of bushes a mile above Oil City, his lifeless body was discovered. A ghastly wound in the head and the absence of the money explained the tragedy and the motive. No clue to the murderer was ever found, although squads of detectives “worked on the case” and queer fictions regarding the mysterious assassin were printed in many newspapers.