Search Details

Word: caddo (lookup in dictionary) (lookup stats)
Dates: during 1950-1959
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Usage:

...Caddo & Queen Marie. Mike Benedum was lucky, but he was also razor-sharp. Once he went gunning for a promising lease, but found that Standard Oil was there ahead of him. Looking up the deeds, he discovered that the land belonged to a sickly old widow, promptly persuaded her heirs to sell him the property on a "when-as-and-if" basis; the day after Standard brought in its first well, the widow died, whereupon Mike sold the property back to Standard at "a nice price-a very nice price." Like every gambler, he took some lickings and came back...

Author: /time Magazine | Title: OIL: Triple Play | 10/7/1957 | See Source »

...averages worked out fine. Benedum-Trees was a pioneer in the huge Caddo pool in Louisiana, organized Penn Mex Fuel Co., and brought in two wells totaling 115,000 bbl. daily in Mexico's "golden lane" south of Tampico. When the partners sold out in 1916, they made $3,159,000 clear profit. Benedum discovered the famous De Mares Pool in Colombia on which International Petroleum fattened and wildcatted in Rumania's Ploesti field at Queen Marie's personal invitation. By 1948 he was back in the U.S. with still another new field, West Texas' Benedum...

Author: /time Magazine | Title: OIL: Triple Play | 10/7/1957 | See Source »

Having built a temporary new chapel on the Plazuela San Martin, the Rev. Gerald Riddell, Baptist missionary from Caddo, Texas, invited the public to attend holiday dedication services. The first night, a crowd massed before the chapel and threw stones through the windows. Missionary Riddell telephoned both the police and the U.S. embassy for help. Through police response was sluggish, the embassy's was not. Ambassador Capus M. Waynick, a Presbyterian from North Carolina, dashed right over in person, stalked past the mob, told Riddell to go on with his service, and stayed himself till the last Amen...

Author: /time Magazine | Title: COLOMBIA: Incident In Bogota | 1/7/1952 | See Source »

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