Founding
Interested in reestablishing his oil ventures, Marland came to Ponca City upon the urging of a relative, Lt. Franklin Roosevelt Kenney, who introduced Marland to the Miller brothers - Joseph "Joe" Carson Miller, Zachary "Zack" Taylor Miller and George Lee Kockernut Miller, of the famous 101 Ranch near Ponca City.
He decided that the Ranch surface geology indicated that there was oil in the area. Geology was his divining rod, he said, a science yet to be proven in the hunt for crude. Marland returned to Pittsburgh and raised $500,000 for a new oil venture, naming it the The 101 Ranch Oil Company with himself as President and taking into the company as directors, O. W. Ainslie, the chef at Pittsburgh's Boyer Hotel, J. G. McCaskey, a sauerkraut producer, Marland's relative, F. R. Kenney, a retired chair manufacturer, George Miller of the 101 Ranch, and Marland’s father-in-law, Samuel Collins who was also elected Treasurer.
Read more about this topic: 101 Ranch Oil Company
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