Word: seubert
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...rove the whole union. In 1929 President Walter C. Teagle stepped out of bounds to acquire a company (Beacon Oil) with retail outlets in New England, province of Standard of New York (now Socony-Vacuum). Last month he put a subsidiary, Esso, Inc., on the heels of Edward G. Seubert of Standard of Indiana...
Esso built three service stations in St. Louis, painting the pumps and buildings red, white and blue-the precise colors of Mr. Seubert's stations. Although Esso displayed signs reading NOT CONNECTED WITH STANDARD OIL CO. (INDIANA), Mr. Seubert was furious. Last week he marched into a St. Louis Federal Court to file the first big lawsuit ever to disturb the live-and-let-live peace of the Standard Oil companies...
...daily capacity. At Hamburg: an asphalt plant. On the high seas: 29 tankers of 1,700,000-bbl. capacity. These are the principal foreign properties of Pan-American Petroleum & Transport Co., 95%-owned by Standard Oil of Indiana. Last week Indiana's President Edward George Seubert was thinking of these properties when he said: "There has been a strong trend away from the traditional policy of free importation of oil, and sooner or later it is likely that a prohibitive tariff or tax may be imposed." Because Indiana has limited export markets and Standard Oil of New Jersey...
...Edward George Seubert, president of Standard Oil Co. of Indiana and chairman of the Institute's marketing division, raged last week against a new racket: gasoline bootlegging. "Gaslegging" is the method of dishonest gasoline retailers who set up mushroom service stations and pocket the 3¢ or 4¢ tax levied by the State on each gallon of gas. Illinois estimates it is being defrauded of $1,000,000 a month, Pennsylvania, an equal amount. The national loss was said to run between $15,000,000 and $50,000,000 yearly, the threat to the legitimate gasoline market was so serious that...
Edward George Seubert, president of Standard Oil Co. of Indiana, was made a director of First National Bank, Chicago. It is his only official outside activity...