Standard Oil Company was a corporate trust in the petroleum industry that existed from 1882 to 1911. The origins of the trust lay in the operations of the Standard Oil Company (Ohio), which had been founded in 1870 by John D. Rockefeller. The trust was born on January 2, 1882, when a group of 41 investors signed the Standard Oil Trust Agreement, which pooled their securities of 40 companies into a single holding agency managed by nine trustees. The original trust was valued at $70 million.
Due to anti-monopoly laws, Standard Oil Company is established as a trust
Standard Oil Company was a corporate trust in the petroleum industry that existed from 1882 to 1911.
Historical Significance
Standard Oil Company was a corporate trust in the petroleum industry that existed from 1882 to 1911.
Events Before
Ridden by outstanding English jockey Fred Archer, Iroquois wins the Epsom Derby to become the first American-owned and b
Ridden by outstanding English jockey Fred Archer, Iroquois wins the Epsom Derby to become the first American-owned and bred horse to win a European classic race
Sioux Indian Chief Sitting Bull surrenders to US federal troops at Fort Buford in the Territory of Montana [1] [2]
Sitting Bull was a Hunkpapa Lakota leader who led his people during years of resistance against United States government policies. Sitting Bull was killed by Indian agency police accompanied by U.S.
Cleopatra's Needle, a 3,500-year-old Ancient Egyptian obelisk, is erected in Central Park, New York [1]
Cleopatra's Needle, a 3,500-year-old Ancient Egyptian obelisk, is erected in Central Park, New York [1]
Union of Baptists Communities forms in Foxholl
Union of Baptists Communities forms in Foxholl
Battle at Laing's Neck Natal: Boers beat superior powered British
Battle at Laing's Neck Natal: Boers beat superior powered British
Events After
The first electric lighting system employing overhead wires, built by Thomas Edison, begins service at Roselle, New Jers
The first electric lighting system employing overhead wires, built by Thomas Edison, begins service at Roselle, New Jersey
Bob Rogers is acknowledged as the first American pro sports trainer when he is hired by the NY Athletic Club
Bob Rogers is acknowledged as the first American pro sports trainer when he is hired by the NY Athletic Club
US Senator Albert B. Fall (21) weds Emma Garland Morgan in Clarksville, Texas
US Senator Albert B. Fall (21) weds Emma Garland Morgan in Clarksville, Texas
Brooklyn Bridge is opened by President Chester A. Arthur and NY Governor Grover Cleveland
Brooklyn Bridge is opened by President Chester A. Arthur and NY Governor Grover Cleveland
Krakatoa volcano, located west of Java in Indonesia, erupts with a force of 200 megatons of TNT, killing approximately 3
Krakatoa volcano, located west of Java in Indonesia, erupts with a force of 200 megatons of TNT, killing approximately 36,000 people
More from the 1880s
The National Geographic Society is founded in Washington, D.C., to promote "the increase and diffusion of geographic kno
The National Geographic Society is founded in Washington, D.C., to promote "the increase and diffusion of geographic knowledge" [1]
The first electric lighting system employing overhead wires, built by Thomas Edison, begins service at Roselle, New Jers
The first electric lighting system employing overhead wires, built by Thomas Edison, begins service at Roselle, New Jersey
American painter Thomas Eakins (40) weds American painter and photographer Susan Macdowell (32) in a Quaker ceremony in
American painter Thomas Eakins (40) weds American painter and photographer Susan Macdowell (32) in a Quaker ceremony in Philadelphia, Pennsylvania, until his death in 1916
Abolitionist Frederick Douglass marries his second wife suffragist Helen Pitts
Abolitionist Frederick Douglass marries his second wife suffragist Helen Pitts
Frequently Asked Questions
- What happened on January 2, 1882?
- Standard Oil Company was a corporate trust in the petroleum industry that existed from 1882 to 1911. The origins of the trust lay in the operations of the Standard Oil Company (Ohio), which had been founded in 1870 by John D. Rockefeller.
- Why is Due to anti-monopoly laws, Standard Oil Company is established as a trust significant?
- Standard Oil Company was a corporate trust in the petroleum industry that existed from 1882 to 1911.