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- Yount-Lee_Oil_Company abstract "The Yount-Lee Oil Company, founded in 1914, was the successor to the Yount-Rothwell Oil Company which had been formed earlier by Miles Franklin Yount and Talbot Frederick Rothwell. Yount headed up the new enterprise and counted among his partners Thomas Peter Lee, William Ellsworth Lee, Emerson Francis Woodward, Talbot Frederick Rothwell, John Henry Phelan, Beeman Ewell Strong, Frank E. Thomas, and Maximilian Theodore Schlicher. With a new fusion of capital provided by T. P. Lee, Yount was confident that the Spindletop oil field had not been tapped out, so he set about acquiring large tracts of land in the area. On November 14, 1925, his McFaddin No. 2 well struck oil at about 2,500 feet, sparking a second Spindletop oil boom. Yount went on to acquire mineral rights in several of the Gulf Coast's major fields, and he built the infrastructure necessary to ship his company's oil to destinations around the world from his headquarters in Beaumont, Texas. Before his death in 1933, Yount, his business partners and associates, had built the company into one of the largest and most successful independent oil operators in the country. Within two years, on July 31, 1935, the stockholders sold Yount-Lee Oil Company for $46.2 million to Houston attorney, Wright Francis Morrow, who immediately began to parcel off the assets. Stanolind Oil, later a part of Amoco, bought most of the oil inventory and oil-producing properties for over $41 million, which at the time represented one of the largest financial transactions in American business history.".
- Yount-Lee_Oil_Company wikiPageID "3730239".
- Yount-Lee_Oil_Company wikiPageRevisionID "467931747".
- Yount-Lee_Oil_Company hasPhotoCollection Yount-Lee_Oil_Company.
- Yount-Lee_Oil_Company subject Category:Amoco.
- Yount-Lee_Oil_Company subject Category:Companies_disestablished_in_1935.
- Yount-Lee_Oil_Company subject Category:Companies_established_in_1914.
- Yount-Lee_Oil_Company subject Category:Defunct_companies_based_in_Texas.
- Yount-Lee_Oil_Company subject Category:Defunct_oil_companies_of_the_United_States.
- Yount-Lee_Oil_Company type Abstraction100002137.
- Yount-Lee_Oil_Company type CompaniesDisestablishedIn1935.
- Yount-Lee_Oil_Company type CompaniesEstablishedIn1914.
- Yount-Lee_Oil_Company type Company108058098.
- Yount-Lee_Oil_Company type DefunctCompaniesBasedInTexas.
- Yount-Lee_Oil_Company type DefunctOilCompaniesOfTheUnitedStates.
- Yount-Lee_Oil_Company type Group100031264.
- Yount-Lee_Oil_Company type Institution108053576.
- Yount-Lee_Oil_Company type OilCompany108069241.
- Yount-Lee_Oil_Company type Organization108008335.
- Yount-Lee_Oil_Company type SocialGroup107950920.
- Yount-Lee_Oil_Company type YagoLegalActor.
- Yount-Lee_Oil_Company type YagoLegalActorGeo.
- Yount-Lee_Oil_Company type YagoPermanentlyLocatedEntity.
- Yount-Lee_Oil_Company comment "The Yount-Lee Oil Company, founded in 1914, was the successor to the Yount-Rothwell Oil Company which had been formed earlier by Miles Franklin Yount and Talbot Frederick Rothwell. Yount headed up the new enterprise and counted among his partners Thomas Peter Lee, William Ellsworth Lee, Emerson Francis Woodward, Talbot Frederick Rothwell, John Henry Phelan, Beeman Ewell Strong, Frank E. Thomas, and Maximilian Theodore Schlicher. With a new fusion of capital provided by T. P.".
- Yount-Lee_Oil_Company label "Yount-Lee Oil Company".
- Yount-Lee_Oil_Company sameAs m.09xs63.
- Yount-Lee_Oil_Company sameAs Q8058706.
- Yount-Lee_Oil_Company sameAs Q8058706.
- Yount-Lee_Oil_Company sameAs Yount-Lee_Oil_Company.
- Yount-Lee_Oil_Company wasDerivedFrom Yount-Lee_Oil_Company?oldid=467931747.
- Yount-Lee_Oil_Company isPrimaryTopicOf Yount-Lee_Oil_Company.