A Classification of American Wealth
History and genealogy of the wealthy families of America - Sponsors


 Part 1 : Colonial and Mercantile America  Part 2 : America in the Gilded Age
 Part 2 : America in the Twentieth Century  Encyclopedia of American Wealth

Info  FAQ  Site map  Links  Books  Login

american.wealth@raken.com

  Part III-Chapter 15 : Wildcatter Oil Barons  > Getty  :     Previous   1 - 2 - 3 - 4 - 5 - 6 - 7 - 8 - 9 - 10 - 11
                                                                                                                         
1213 - 14 - 15 - 16 - 17 - 18 - 19 - 20  Next

   Jean Paul Getty and Pacific Western Oil Co

Page entitled : J. Paul Getty's stock acquisitions and divorce settlement 

Content of this page is about :
How J. Paul Getty started to buy shares in public oil companies to save the Kettleman Hills leases and his divorce settlement with Adolphine Helmle 


Extract :
...
Sarah Getty strongly objected the purchase, arguing that this was speculation and unsound, particularly in light of the ongoing depression. Most board members agreed but they also saw the danger of losing Kettleman Hills. Paul prevailed on the grounds of strategic importance and was authorized to buy 130000 shares of Pacific Western and 75000 shares of Mexican Seabord oil companies for about $3.3 million. To finance the purchase, George F. Getty Inc contracted  ...

 

New Registration

Dear visitor,
the page you are trying to see is reserved to our subscribers. Please register to subscribe and have access to all pages of "A Classification of American Wealth" and "Encyclopedia of American Wealth", Thank you.
                                           
REGISTER NOW

Members Login
 
Login :

Password :

 







Banner - Ancestry.com

RootsWeb.com Logo

Google
 

Copyright 2000-2016 : D.C.Shouter and RAKEN Services