Drake Well printing plates: Here’s what early oil producers used for money

Drake Well printing plates: Here’s what early oil producers used for money

Charles Vernon Culver came to the burgeoning Pennsylvania oil fields in 1861 and started the Venango Bank in Franklin, Venango County. At the time, oil producers were in desperate need for banking services, locally, and in eastern cities. In December 1863, Culver and other investors started a bank in Philadelphia and another in New York …

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