101 Ranch Oil Company - Restructure

Restructure

Then John G. McCaskey, the “Sauerkraut King”, a wealthy investor and young Pittsburgh adulthood friend of Marland’s reorganized the Company. Elected President, McCaskey raised funds from Pittsburgh investors including W. H. McFadden, a retired Carnegie Steel Company executive and J. M. Weaver, a business associate of McCaskey’s. McFadden was elected Vice President and General Manager of the company and Weaver was elected Secretary and Treasurer. In 1911 Pittsburghers held the stock of the company. These were E. W. Marland, J. G. McCaskey, W. H. McFadden, G. W. Baum, N. A. Hemphill, Pittsburgh Alderman J. J. Kirby, J. M. Weaver, B. H. Gibson, C. L. Stevens, J. J. Kearns, and Marland's father-in-law Samuel C. Collins. Later, McCaskey appointed Lewis Haines Wentz, an employee in his sauerkraut operation, Secretary of the company.