Word: seubert
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...stand of the Messrs. France and Holmes, others, including Standard of California and Associated Oil, agreed to cut refinery runs. The Mellon-controlled Gulf Refining Co. asserted that their gasoline reserves were low, that there was no need for them to cut distillation. In the same vein, Edward G. Seubert of Standard Oil of Indiana said: "We believe the appeal has merit. . . . We are running only sufficient crude to produce gasoline to take care of our current requirements...
...irreverently undersold Standard, thus filing free U. S. lamps with cheap Royal Dutch kerosene. Well, the old Standard was broken up now ? its pieces, in fact, were all around him: Herbert L. Pratt, Standard Oil of New York; W. T. Holliday, Standard Oil of Ohio; Edward G. Seubert, Standard Oil of Indiana (an absentee was Col. Robert Wright Stewart) ; Walter Clark Teagle, Standard Oil of New Jersey (one good Standard friend of Sir Henri's) ; and, at the other end of a long distance telephone, Kenneth R. Kingsbury, Standard Oil of California. Present also were Harry F. Sinclair...
...directors were Dr. William M. Burton, onetime President of Standard of Indiana; Melvin A. Traylor, president of Chicago's First National Bank; Thomas S. Cook and Dr. Gentry S. Cash. President Edward G. Seubert, a Stewart man, retained his position. Indeed, his functions were increased, since no Board Chairman was elected to succeed Col. Stewart...
Sutherland Seubert & directors...
Round 3. President Edward G. Seubert and the directors of Standard Oil Co. of Indiana voted unanimously to support Col. Stewart, asked stockholders to do the same. The majority of employe-stock-holders are supporting Col. Stewart, either because they feel that he has made the company prosper or because they fear for their jobs. Standard Oil of Indiana profits for 1928 were estimated at $80,000,000, or about $9 a share. At the end of this round, Col. Stewart was a 2 to 1 betting favorite...