Word: oils
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Dates: during 1940-1949
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...fracas started two months ago. Getty proposed the merger in order to get his money out of the two companies. Skelly wanted no part of the deal, as it would put his big, thriving Skelly Oil under smaller, upstart Sunray. Getty gave Skelly the boot as Mission Corp.'s president...
...winning most of the fights he got into, Tulsa Oilman William Grove Skelly built one of the nation's best-integrated, best-run independents. Nevertheless, his Skelly Oil Co. almost went under in the lean-pursed '30s. Hard-hitting, fast-thinking Bill Skelly raised the cash to save the company, but he lost control to J. Paul Getty, sporty Los Angeles oilman and Manhattan hotel owner (the Pierre). Skelly, staying on as president of his company, a subsidiary of Getty's Mission Corp., in time became Mission's president also...
Last week, Tulsans feared that Bill Skelly had won one victory too many. He had blocked the year's biggest oil merger -a $123 million union of Mission Corp. and Getty's Pacific Western Oil Co. with Tulsa's Sunray Oil Corp. The man he had beaten was his own boss, Paul Getty...
Oilmen wondered if Getty would now toss Bill Skelly out of the presidency of the company he had founded. Skelly had some ideas of his own: he threatened to bring another suit, aimed to throw Mission Corp. into liquidation and divide its holdings, including Skelly Oil, among its stockholders...
Industry Creator. Midwest's success in projects for small companies brought commissions from big ones. Standard Oil Co. (Indiana) asked the institute to work on new uses for petroleum byproducts; the U.S. Government hired it to make a survey of the industrial potential of the Missouri Valley...