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United States v. Standard Oil Co. of New Jersey, 173 F. 177 ( C.C.E.D. Mo. 1909) The Standard Oil Company conspired to restrain the trade and commerce in petroleum, and to monopolize the commerce in petroleum, in violation of the Sherman Act, and was split into many smaller companies. Several individuals, including John D. Rockefeller, were fined.
Standard Oil is the common name for a corporate trust in the petroleum industry that existed from 1882 to 1911. The origins of the trust lay in the operations of the Standard Oil Company (Ohio), which had been founded in 1870 by John D. Rockerfeller. The trust was born on January 2, 1882, when a group of 41 investors signed the Standard Oil ...
ExxonMobil is mostly composed of the Standard Oil Company of New Jersey (Jersey Standard) and the Standard Oil Company of New York (Socony). The two companies partnered on a semi-frequent basis during their infancy before pursuing mergers and acquisitions, with Jersey Standard buying Texas-based Humble Oil and Socony merging with Standard descendant Vacuum Oil to form Socony-Vacuum.
Esso. Esso ( / ˈɛsoʊ /) is a trading name for ExxonMobil. Originally, the name was primarily used by its predecessor Standard Oil of New Jersey after the breakup of the original Standard Oil company in 1911. [1] The company adopted the name "Esso" (the phonetic pronunciation of Standard Oil's initials, ' S ' and ' O '), [2] to which the ...
The Standard Oil Company of New Jersey was a large integrated oil producing, transporting, refining, and marketing organization, founded by Henry H. Rogers, William Rockefeller, and John D. Rockefeller.
By 1911, with public outcry at a climax, the Supreme Court of the United States ruled in Standard Oil Co. of New Jersey v. United States that Standard Oil must be dissolved and split into 34 companies, with two of them becoming Standard Oil Company of New Jersey (Jersey Standard for short) and Standard Oil of New York (Socony for short ...
Ralph W. Gallagher. Succeeded by. Eugene Holman. Frank Whittemore Abrams (June 24, 1889 – July 17, 1976) was an American engineer and oilman. Abrams joined the Standard Oil Company (New Jersey) in 1912 as a draftsman at the company's Eagle Works refinery in Jersey City. Abrams rose to become the refinery's superintendent and later its manager ...
Walter Clark Teagle (May 1, 1878 – January 9, 1962) was president of Standard Oil Company of New Jersey from 1917 to 1937 and was chairman of the board from 1937 to 1942. [1] [2] He was responsible for leading Standard Oil to the forefront of the oil industry and significantly expanding the company's presence in the petrochemical field.