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At first the town was called Elwyntown, in honour of Thomas Elwyn, the gold commissioner. However, the name did not reflect the fantastic richness of the placer deposits, and in September, 1862, it was officially named Richfield by Lieutenant H.S. Palmer of the Royal Engineers, who surveyed it. THE CANADIAN COMPANY
Richfield Oil Corporation was an American petroleum company based in California from 1905 to 1966. In 1966, it merged with Atlantic Refining Company to form the Atlantic Richfield Company (later renamed ARCO).
Richfield got its name from the fact that when the first new settlers saw the fields they thought that sense the fields had such good hay that soil had to be rich. And they figured that with such rich soil they could grow nice big gardens and sell the extra vegetables for profit.
The merger of the two oil companies took place in January 1966, forming Atlantic Richfield Company. Two years later, the biggest oil discovery in the Western Hemisphere was made in Prudhoe Bay, Alaska, with Atlantic Richfield the biggest federal leaseholder in the state.
Dec 1, 2010 · In 1862, William "Billy" Barker registered a claim downstream from Richfield, from which $650 000 (at $16 to $21 a troy ounce) in gold was recovered up to 1895. Barker's discovery ultimately sparked the recovery of more than 5 million ounces of gold from the Cariboo goldfields.
That day, local citizens met in a schoolhouse at present-day 53rd and Lyndale to form a municipal government. At that meeting, those who previously said they lived in Harmony or Richland Mills chose the name Richfield for their community.
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Named for its rich black prairie soil, Richfield in 1858 stretched over 63 square miles, encompassing what is now Minneapolis from Lake Street south, Edina and St. Louis Park, part of Hopkins,...
