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The
Payne - Whitney Family of Cleveland and New York
Page entitled : Oliver Hazard Payne in business
Content of this page is about :
Oliver H. Payne and his interests in Standard Oil, of which he was treasurer,
and the American Tobacco Company.
Extract :
…
Oliver
Hazard Payne poured his Standard Oil dividends into dozens of enterprises,
of which the following were the most significant.
In
the early 1890s he allied himself with Willam H. Butler and ‘Major’ Lewis
Ginter, two large dissident stockholders of the American Tobacco trust, to
dislodge James Buchanan Duke as president and take control of the company.
Recognizing that Duke was
...
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