When did John D. Rockefeller incorporate Standard Oil in Ohio?
John D. Rockefeller incorporated Standard Oil in Ohio on the 1st of January 1870 with one million dollars of capital.
Short answers, pulled from the story.
John D. Rockefeller incorporated Standard Oil in Ohio on the 1st of January 1870 with one million dollars of capital.
The original trust held a value of seventy million dollars when forty-one investors signed the agreement on the 2nd of January 1882.
Standard controlled ninety-one percent of oil refinement and eighty-five percent of final sales in the United States in 1904.
Ida M. Tarbell wrote The History of the Standard Oil Company and published the work in nineteen parts from November 1902 to October 1904 before releasing the book version in 1904.
The Supreme Court upheld lower court judgment on the 15th of May 1911 declaring Standard Oil an unreasonable monopoly under Sherman Antitrust Act Section II.
Three supermajor companies now own rights to Standard name: ExxonMobil, Chevron Corp., and BP with Chevron registering a new federal trademark for the Standard name for electric charging stations as of December 2024.