 The property had various owners afterwards, finally falling into the hands of C. L. Pattison who removed the plant north of the railroads and incorporated it with the furniture factory.The Cowanesque Valley Oil Company was incorporated in July 1877, the incorporators being Garrett W. Benson, Olean, New York, and John Parkhurst, Charles L. Pattison, Benjamin Dorrance, and J. C. Edwards, of Elkland.An oil well was sunk on the Hammond place southwest of the borough.