The story of Pittsburgh: Petroleum and natural gas : in two parts, part two

Petroleum and natural gas : in two parts, part two (Vol. 1, nr. 11)

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Multivolume work

Identifikator:: 1831622599

Document type:: Multivolume work

Title:: The story of Pittsburgh

Place of publication:: Pittsburgh

Publisher:: First National Bank

Year of publication:: 1919-1930

Collection:: Economics Books

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Volume

Identifikator:: 1831623528

URN:: urn:nbn:de:zbw-retromon-239829

Document type:: Volume

Title:: Petroleum and natural gas : in two parts, part two

Volume count:: Vol. 1, nr. 11

Place of publication:: Pittsburgh

Publisher:: First National Bank

Year of publication:: 1924

Scope:: [ca. 38] Seiten

Digitisation:: 2022

Collection:: Economics Books

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Chapter

Document type:: Multivolume work

Structure type:: Chapter

Title:: Arkansas Natural Gas Company

Collection:: Economics Books

aration of the two classes of the business into two separate entities, yet preserving to the stockholders their entire in- terest in both properties. While the oil and gasoline business had been conducted as a separate department of the Company previous to this separation, it is now conducted by a separate corporation whose capital stock is all owned by your Company. The following are officers: J. C. Trees, Chairman of Board; J. R. Munce, President; George H. Flinn, Vice Presi- dent; A. B. Dally, Jr., Vice President; E. J. Cole, Vice Presi- dent; W. J. Diehl, Secretary and Treasurer; H. Alexander Dean, Assistant Secretary and Assistant Treasurer; J. R. Munce, General Manager, Pittsburgh, Pa.; E. J. Cole, Comp- troller, Pittsburgh, Pa.; C. A. Floto, Purchasing Agent, Pittsburgh, Pa. GULF OIL CORPORATION The Gulf Oil Corporation of Pennsylvania was incor- porated August 9, 1922. Its authorized capital stock is $120,000,000, of a par value of $25, of which $108,720,400 is outstanding, that amount being issued to acquire all the sutstanding stock of the Gulf Oil Corporation of New Jersey, which was originally formed February 13, 1907, with a cap- tal of $15,000,000. In March, 1913, that capital was in- ~reased to $60,000,000. Of this increase, $22,416,400 was sold to stockholders at par ($100) each holder having the right to subscribe for twice the amount of his holdings. On April 15, 1913, a stock dividend of 1009, was paid on the $11,208,200 stock outstanding. The regular dividends are 597, annually. Subsidiaries of the Gulf Oil Corporation are the Gulf Refining Co., Gulf Pipe Line Co., Gulf Pipe Line Company of Oklahoma, Gulf Production Co., Gulf Refining Company of Louisiana, Gypsy Oil Company, Mexican Gulf Oil Co.. and the Gulf Coonerage Co Operating revenues of the Gulf Oil Corporation in the year 1923 were $159,057.367, and operating profits were $60,864,027.

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