Word: sinclairism
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Skelly Oil Co. furnished a third story by having its name mentioned in connection first with Texas Corp., then with the Sinclair group...
...have attributed many ambitions to Harry Ford Sinclair: to clear his name of the Teapot Dome charges; to own another horse like his famed Zev; but mostly to build a billion-dollar oil company, an ambition worthy of his luck and judgment. Last week's report that Sinclair had succeeded, pictured a merger of the following...
...Sinclair Consolidated Oil Corp., assets...
...reported plan called for the formation of a new company to be known as Commonwealth Petroleum Corp. with 25,000,000 shares of common stock outstanding, and no preferred. Common stockholders of Sinclair and Prairie Oil & Gas would receive one share of the new company's stock for each share now held. Tide Water stockholders were to get eight new shares for ten old, Prairie Pipe Line ten for 14. The terms for Rio Grande were not estimated but at current prices of the "scratch" securities and Rio common it looked as though holders of the latter would...
This first venture, at Kiowa, was lucky. It netted Sinclair $100,000, a nice sum but nothing in comparison to what was coming. By 1909 with luck and judgment he made a million buying, developing and reselling oil lands. Independent, working mostly alone he continued on this line until 1926 when he consolidated seven small companies into Sinclair Oil & Refining Corp. The company grew and prospered apace. Fleets of tankers roamed the seas carrying the name Sinclair. This alert, grinning, hard-headed man's influence was felt in Moscow, Lisbon, Africa, while his company became integrated, rivalled some Standard...