The History of the Standard Oil CompanyTarbell, Ida M. (Ida Minerva)
History
The History of the Standard Oil Company
Tarbell, Ida M. (Ida Minerva)
Petroleum industry and trade -- United States -- History; Standard Oil Company -- History
Attest: JOSEPH LESLEY, _Secretary_.
NUMBER 6 (See page 1063)
STANDARD OIL COMPANY’S APPLICATION FOR INCREASE OF CAPITAL STOCK TO
$2,500,000 IN 1872
_To the Secretary of the State of Ohio_:
The undersigned, being a majority of the Board of Directors of _THE
STANDARD OIL COMPANY OF CLEVELAND, OHIO_, do hereby certify that on
the first day of January, A.D. 1872, at the annual meeting of the
stockholders of said company held at its office in Cleveland,
Cuyahoga County, Ohio, by a vote then and there taken, all the
stockholders of said company being present and voting therefor, it
was resolved and agreed by each and all of them, that the capital
stock of said company be increased the sum of _One Million Five
Hundred Thousand Dollars_, thereby making the capital stock of said
company _Two Millions Five Hundred Thousand Dollars_, which action
of the stockholders was as follows, to wit:
_Resolved_, and it is hereby agreed by each and all of us, that the
capital stock of this company, namely, _The Standard Oil Company of
Cleveland, Ohio_, be increased to the sum of _Two Millions Five
Hundred Thousand Dollars_, and it is also agreed, and the proper
officers of the company are hereby instructed to take the requisite
steps to so increase said capital stock.
JOHN D. ROCKEFELLER, O. B. JENNINGS, B. BREWSTER, WILLIAM
ROCKEFELLER, S. V. HARKNESS, H. M. FLAGLER, T. P. HANDY, S.
ANDREWS, A. STONE, JR., S. WITT, _Stockholders_.
_Cleveland, O., January 1st_, A.D. _1872._
_And afterward said meeting was adjourned._ HENRY M. FLAGLER,
_Secretary_.
And we further certify that the whole amount of such increase of
capital stock has been paid to said company, in money, that no note,
bill, bond, or other security has been taken for the same, or any
part thereof, and that the credit of the company has not been used
directly or indirectly to raise funds to pay the same or any part
thereof.
_IN WITNESS WHEREOF_, We hereunto set our names at _Cleveland,
Ohio_, this ninth day of February, A.D. 1872.
JOHN D. ROCKEFELLER, HENRY M. FLAGLER, SAMUEL ANDREWS, STEPHEN V.
HARKNESS, _Directors_.
NUMBER 7 (See page 1067)
AFFIDAVITS OF GEORGE O. BASLINGTON
[In the case of the Standard Oil Company _vs._ William C. Scofield,
_et al._, in the Court of Common Pleas, Cuyahoga County, Ohio.]
Public-domain text, read in full here on John Shaqi.
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