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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. Rockefeller.
Jan 14, 2020 · John D. Rockefeller formed the Standard Oil Company on January 10, 1870 with his business partners and brother. The success of this business empire made Rockefeller one of the world’s first billionaires and a celebrated philanthropist.
On January 10, 1870 John D. Rockefeller and four partners incorporated the Standard Oil Company. The company gained control of nearly 95% of the oil refining industry in the United States. John D.Rockefeller established an oil refining business in 1862 with three partners.
In 1870 Rockefeller set up the Standard Oil Company. He started in Cleveland, close to Pennsylvania’s petroleum fields, and gained control of that city’s refineries. This gave him a third of the nation’s oil-refining business, and he soon went after the rest.
January 10, 1870 - Standard Oil Company is incorporated by John D. Rockefeller. John D. Rockefeller had been in the oil refining business for the better part of the past decade, starting at twenty-three years of age with his first business partner, William B. Clark.
Apr 9, 2010 · In 1870, Rockefeller formed the Standard Oil Company of Ohio, along with his younger brother William (1841-1922), Henry Flagler (1830-1913) and a group of other men. John Rockefeller was its...
May 29, 2018 · STANDARD OIL COMPANY, an Ohio corporation, was incorporated on 10 January 1870 with a capital of $1 million, the original stockholders being John D. Rockefeller, with 2,667 shares; William Rockefeller, with 1,333 shares; Henry M. Flagler, with 1,333 shares; Samuel Andrews, with 1,333 shares; Stephen V. Harkness, with 1,334 shares; O. B ...
