$29.99 Buy It Now or Best Offer
free,30-Day Returns
Seller Store graphxfan
(5132) 100.0%,
Location: Petaluma, California
Ships to: US,
Item: 326265229456
Restocking Fee:No
Return shipping will be paid by:Buyer
All returns accepted:Returns Accepted
Item must be returned within:14 Days
Refund will be given as:Money Back
Type:Badges & Pins
Country/Region of Manufacture:United States
Offered for sale is a vintage Standard Oil Aviation Division Employee Money Clip (circa 1960’s), which features graphics of the corporate logo and division title, and is a rare to find collector’s item – only issued to employees (see bio info below). The item measures 2″ across, is in “GOOD” condition (see details above), and is suitable for usage or display. The asking price is $29.99 + FREE Shipping / Handling / Insured ($9.95 Value; US Domestic only), and is the ONLY example of it’s kind offered for sale on eBay! Overseas buyers please refer below for shipping instructions, and feel free to contact me with further questions. Standard Oil Standard OilCompany typeBusiness trust (1882–1892)New Jersey Holding Company (1899–1911)[1]IndustryOil and gasFoundedJanuary 2, 1882FoundersJohn D. Rockefeller, Co-Founder & ChairmanStephen V. Harkness, Co-Founder & Initial investorHenry M. Flagler, Co-Founder & Senior executiveWilliam A. Rockefeller, Co-Founder, Senior executive & New York RepresentativeSamuel Andrews, Co-Founder, Chemist & Inaugural Chief of Refining OperationsDefunct1911; 113 years agoFateSplit into 39 different companies; Standard Oil of New Jersey (then the controlling entity) later became ExxonMobilSuccessor39 successor entitiesHeadquartersCleveland, Ohio (1870–1885)New York City, New York (1885–1911)[2]Key peopleJohn D. Archbold, Vice PresidentCharles Pratt, Senior ExecutiveHenry H. Rogers, Senior ExecutiveOliver H. Payne, Senior ExecutiveDaniel O’Day, Senior ExecutiveJabez A. Bostwick, Senior Executive & First TreasurerWilliam G. Warden,[3] Senior ExecutiveJacob Vandergrift,[4] Senior ExecutiveProductsFuellubricantpetrochemicalsNumber of employees60,000 (1909)[5]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. The trust was born on January 2, 1882, when a group of 41 investors signed the Standard Oil Trust Agreement, which pooled their securities of 40 companies into a single holding agency managed by nine trustees.[6] The original trust was valued at $70 million. On March 21, 1892, the Standard Oil Trust was dissolved and its holdings were reorganized into 20 independent companies that formed an unofficial union referred to as “Standard Oil Interests.”[7] In 1899, the Standard Oil Company (New Jersey) acquired the shares of the other 19 companies and became the holding company for the trust.[8]Jersey Standard operated a near monopoly in the American oil industry from 1899 until 1911 and was the largest corporation in the United States. In 1911, the landmark Supreme Court case Standard Oil Co. of New Jersey v. United States found Jersey Standard guilty of anticompetitive practices and ordered it to break up its holdings. The charge against Jersey came about in part as a consequence of the reporting of Ida Tarbell, who wrote The History of the Standard Oil Company.[9] The net value of companies severed from Jersey Standard in 1911 was $375 million, which constituted 57 per cent of Jersey’s value. After the dissolution, Jersey Standard became America’s second largest corporation after United States Steel.[10]The Standard Oil Company (New Jersey), which was renamed Exxon in 1973 and ExxonMobil in 1999, remains the largest public oil company in the world. Many of the companies disassociated from Jersey Standard in 1911 remained powerful businesses through the twentieth century. These included the Standard Oil Company of New York, Standard Oil Company (Indiana), Standard Oil Company (California), Ohio Oil Company, Continental Oil Company, and Atlantic Refining Company.
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