Henry Flagler

Standard Oil Trust Formed - First Modern Corporate Monopoly Structure

1882-01-02 00:00:00 +0000 UTC | Importance: 10/10

On January 2, 1882, John D. Rockefeller and 40 other investors signed the Standard Oil Trust Agreement, creating the first modern corporate monopoly structure that controlled 90% of American oil refining. The trust pooled securities from 40 companies under nine trustees—John and William Rockefeller, …

John D. Rockefeller Standard Oil Company Henry Flagler Samuel C. T. Dodd William Rockefeller corporate-power monopoly trust-formation gilded-age institutional-capture

Cleveland Massacre - Rockefeller Consolidates Oil Refining Monopoly in Six Weeks

1872-02-17 00:00:00 +0000 UTC | Importance: 9/10

Between February 17 and March 28, 1872, in what became known as the ‘Cleveland Massacre,’ John D. Rockefeller and Standard Oil acquired 22 of the 26 competing oil refineries in Cleveland, Ohio—a brutal six-week consolidation campaign that established the template for monopolistic …

John D. Rockefeller Standard Oil Company Henry Flagler South Improvement Company corporate-power monopoly gilded-age predatory-pricing market-manipulation

Standard Oil Company Incorporated in Ohio by John D. Rockefeller

1870-01-10 00:00:00 +0000 UTC | Importance: 9/10

John D. Rockefeller incorporated the Standard Oil Company in Ohio with $1 million in capital, transforming an 1863 partnership into what would become America’s most powerful monopoly. The company was formed with Rockefeller, his brother William, Henry Flagler, Samuel Andrews, and other …

John D. Rockefeller Standard Oil Company Henry Flagler Samuel Andrews William Rockefeller corporate-power monopoly gilded-age oil-industry institutional-capture