Other wells in the locality fared similarly, none finding oil nearer than Dennis Run, a half-mile distant. There scores of large wells realized fortunes for their owners. In two years James Parshall was a half-million ahead. He settled at Titusville and built the Parshall House—a mammoth hotel and opera-house—which fire destroyed. The “spring” on the Campell farm is in existence and the gravel is impregnated with petroleum, supposed to percolate through fissures in the rocks from Dennis Run. During the summer of 1860 developments extended across and down the river a mile from Tidioute. The first producing well in the district, owned by King & Ferris, of Titusville, started in the fall at three-hundred barrels and boomed the territory amazingly. It was on the W. W. Wallace lands—five-hundred acres below town—purchased in 1860 by the Tidioute & Warren Oil-Company, the third in the world. Samuel Grandin, Charles Hyde and Jonathan Watson organized it. J. L. Grandin, treasurer and manager of the company, in eight years paid the stockholders twelve-hundred-thousand dollars dividends on a capital of ten-thousand! He leased and sub-leased farms on both sides of the Allegheny, drilling some dry-holes, many medium wells and a few large ones. He shipped crude to the seaboard, built pipe-lines and iron-tanks and became head of the great firm of Grandins & Neyhart. Elijah Bishop Grandin—named from the father of C. E. Bishop, founder of the Oil-City _Derrick_—who had carried on a store at Hydetown and operated at Petroleum Centre, resumed his residence at Tidioute in 1867 and associated with his brother and brother-in-law, Adnah Neyhart, in producing, buying, storing and transporting petroleum. Mr. Neyhart and Joshua Pierce, of Philadelphia, had drilled on Cherry Run, on Dennis Run and at Triumph and engaged largely in shipping oil to the coast. Pierce & Neyhart—J. L. Grandin was their silent partner—dissolved in 1869. The firm of Grandins & Neyhart, organized in 1868, was marvelously successful. Its high standing increased confidence in the stability of financial and commercial affairs in the oil-regions. The brothers established the Grandin Bank and Neyhart, besides handling one-fourth of the crude produced in Pennsylvania, opened a commission-house in New York to sell refined, under the skilled management of John D. Archbold, now vice-president of the Standard Oil-Company. They and the Fisher Brothers owned the Dennis Run and Triumph pipe-lines and piped the oil from Fagundas, where they drilled a hundred prolific wells and were the largest operators. They bought properties in different portions of the oil-fields, extended their pipe-lines to Titusville and erected tankage at Parker and Miller Farm. The death of Mr. Neyhart terminated their connection with oil-shipments. “There is no parley with death.” [Illustration: J. L. GRANDIN.] [Illustration: ADNAH NEYHART.] [Illustration: E. B. GRANDIN.]