Word: roxana
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Dates: during 1920-1929
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...latest move being made by the United States to prevent the spread of foreign control in American fields is the denial of oil land lease assignments to the Roxana Petroleum Corporation. This ostensibly American company, all of whose stock is owned by a Delaware corporation, is in reality under foreign control, since a majority of the voting stock of the holding company is, in turn, owned by the Royal Dutch-Shell combine. The Roxana Company is shut out of lease-holds by the leasing law of 1920, which provides that " citizens of another country, the laws, customs, or regulations...