Marland Oil Company and CONOCO
The main office was in Ponca City and the company stayed in operation until 1917 when it was sold for cash and stock in the Marland Oil Company, later (January 3, 1921), incorporated in Delaware to acquire through an exchange of stock control of the Marland Refining Co. and Kay County Gas Co. Name changed to Continental Oil Company June 26, 1929, at which time it acquired for a consideration of 2,317,266 shares of stock, the assets (subject to liabilities) of Continental Oil Company, a Maine corporation, founded in 1875 as the Continental Oil and Transportation Company, based in Ogden, Utah, originally a coal, oil, kerosene, grease and candles distributor in the West.
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Famous quotes containing the words oil and/or company:
“Mr. Chadband is a large yellow man, with a fat smile, and a general appearance of having a good deal of train oil in his system.”
—Charles Dickens (1812–1870)
“We noticed several other sandy tracts in our voyage; and the course of the Merrimack can be traced from the nearest mountain by its yellow sand-banks, though the river itself is for the most part invisible. Lawsuits, as we hear, have in some cases grown out of these causes. Railroads have been made through certain irritable districts, breaking their sod, and so have set the sand to blowing, till it has converted fertile farms into deserts, and the company has had to pay the damages.”
—Henry David Thoreau (1817–1862)