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:: The Freedom Oil Works Company

Collection:: Economics Books

under them, and the “lighter ends” (gasoline, kerosenes, etc.) are distilled off. Because those ingredients vaporize more readily, they pass off, while the lubricating stocks, from which lubricating oils are made, remain. During the process of refining, the paraffin is removed. The lubricating stocks are filtered through clean fullers earth to remove impurities and to produce the body and color of the motor lubricating oil desired. The theory is, that as the oil globules pass through this fullers earth, carbon and other particles of impurity are attracted to it and held by the particles of earth. The Freedom Oil Works is one of the oldest firms of its kind in the Pittsburgh district. Started in 1879, it was in- corporated under the laws of the State of Pennsylvania, on April 17, 1889, with a capitalization of $50,000. Among the men originally interested and still connected with the com- pany are August J. Minke, Vice-President, and E. J. Bischoff- berger, Manager. In 1890 Joseph W. Craig of Pittsburgh, well known in the oil and natural gas industry, purchased the zontrolling interest in the company and became its President, which position he occupied until his death, which occured in the early part of 1912. During the life of Mr. Craig the busi- ness progressed and grew until it became necessary to in- crease the capital stock in 1901 to $250,000. At the death of Joseph W. Craig, Percy L. Craig was elected to succeed him as President, which position he has occupied since that time. In 1914 the capital stock was increased to $500,000, and in 1922 to $1,500,000. The company has occupied the same site for its refinery since its inception. It also owns thirty- five distributing branches located in the principal towns and cities of Western Pennsylvania, Eastern Ohio, and North- western West Virginia. The present officers are: Percy L. Craig, President; A. J. Minke, Vice President; Earle M. Craig, Assistant to the President; C. E. McKee, Secretary and Treasurer; E. J. Bischoffberger, Manager. SOUTH PENN OIL CO. The South Penn Oil Co. was incorporated under the laws Pennsylvania on May 27, 1889, for the purpose of pro-

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