Word: stauffen
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Dates: during 1930-1939
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Colombian Petroleum is controlled by Gulf Oil Corp. of Pennsylvania (Mellon-controlled), buyer of a 75% interest for $2,500,000 in 1926. The remaining 25% is held by Carib Syndicate, Ltd., among whose directors are Charles Hayden of Hayden. Stone & Co., Ernest Stauffen Jr. of Marine Midland Corp. The Barco Concession is in the Department of North Santander, 200 miles from the Caribbean...
Marine Midland. When Marine Midland Corp., bank holding company, was formed last September by Bankers Ernest Stauffen Jr. of New York and George Franklin Rand of Buffalo it was announced that the group would organize a large bank in Manhattan (TIME, Sept. 30). Later it became known that, instead, Marine Midland would purchase some existing bank. Last week the company offered to exchange its shares for the Fidelity Trust Co., $76,000,000 Manhattan institution. Upon completion of the deal, Marine Midland would control 3 banks, have total resources of $600,000,000 and 350,000 accounts. President of Fidelity...