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The story goes that, on becoming wealthy through the oil industry in its early days, he presented the young township with a church, school-house, and hospital, and, in recognition of his generous public spirit, the Government gave him a grant of the waste land on which his works now stand, and out of which millions of roubles have come to him from oil-springs.
There were rumors that some one in digging for salt had tapped a reservoir of oil that actually flowed a stream. There were oil-springs around Titusville and along Oil Creek. The oil ran down on the water and was skimmed off by men in boats. Several men were making modest fortunes by bottling the stuff and selling it as medicine.
The Shuster petroleum-springs belong to a family of Syuds in the town, and did not fall within the field of the Persian Mines Corporation. These oil-springs may yet become the object of practical operations should the Nasiri Company develop the resources of the Karun Valley.
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