Word: geologists
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Dates: during 1930-1939
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Washington Henry Ochsner, a Swiss-born oil geologist, died in 1927 at 47 in a Portland, Ore. hotel, alone and virtually penniless. Behind he left a widow, two former wives, three children, a host of disgruntled backers and oil royalty rights on 2,538 gullied, sun-scorched acres in California's Kettleman hills. The year after Ochsner died, pay sands were struck in those hills, opening up one of the country's major oil pools. From the Ochsner acres nearly $1,000,000 of royalties have already accumulated, and estimates of the eventual total run as high...
Even before Ochsner died the legal battle had begun in a desultory skirmish the luckless geologist having been given to vague, if not sly, business methods Somewhat the same methods also seemed to have carried over into his marital relations. While he was a student at the University of Wisconsin in 1903 he elopec with a nurse named Frances Anna Strasilipka, a Bohemian shoemaker's daughter whom he deserted five months later, leaving her with child, which died at birth That was the last Wife No. i ever heard of Washington Henry Ochsner until someone sent her a clipping...
...Moreover, the embattled wives by this time were being flanked by an outsider. It looked as if the entire kitty might be snatched by one of Ochsner's old partners, Frank C. ("Pat") Daugherty, a big, breezy Pasadena oilman who had been properly done in by the vague geologist...
...practice, Daugherty knowing land office ropes which Ochsner did not. Indeed, Ochsner tried to file his own claims-after looking at Daugherty's papers-but the land office found them so irregular that the application was refused. After that Ochsner came to an understanding with Daugherty, though the geologist never got to the point of signing his name. And once while Daugherty was away on a trip, Ochsner sold the claims, which eventually wound up with General Petroleum. Of course, Ochsner retained the royalty rights. These were shuttled around in various private holding companies with assistance of various parties...
Among Mayflower's "hazardous ventures" was to put up $300,000 to further the seismic explorations of F. Julius Fohs, an oil geologist. Eventually Geologist Fohs discovered the English Bayou Oil Pool in Louisiana and Mayflower stock-holders received stock in Fohs Oil Co. now worth $2,500,000. Another venture was a $4,000,000 investment in Rhodesian copper properties, a commitment which was long thought to have been fabulously profitable. Actually, Mayflower lost...