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Henry Morrison Flagler (January 2, 1830 – May 20, 1913) was an American industrialist and a founder of Standard Oil, which was first based in Ohio. He was also a key figure in the development of the Atlantic coast of Florida and founder of the Florida East Coast Railway. He is also known as a co-founder and major investor of the cities of ...
Standard Oil is the common name for 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 ...
Oct 10, 2024 · The company’s origins date to 1863, when Rockefeller joined Maurice B. Clark and Samuel Andrews in a Cleveland, Ohio, oil-refining business. In 1865 Rockefeller bought out Clark, and two years later he invited Henry M. Flaglerto join as a partner in the venture. By 1870 the firm of Rockefeller, Andrews, and Flagler was operating the largest ...
Henry M. Flagler (born January 2, 1830, Hopewell, New York, U.S.—died May 20, 1913, West Palm Beach, Florida) was an American financier and partner of John D. Rockefeller, Sr., in establishing the Standard Oil Company. Flagler also pioneered in the development of Florida as a U.S. vacation centre. About 1850 Flagler became a grain merchant in ...
- Henry Morrison Flagler was born on January 2, 1830 in Hopewell, New York, to Reverend and Mrs. Isaac Flagler. At the age of 14, after completing the eighth grade, Flagler moved to Bellevue, Ohio where he found work with his cousins in the grain store of L.G.
- In 1852 Henry Flagler became a partner in the newly organized D. M. Harkness and Company with his half-brother, Dan Harkness. The following year, on November 9, he married Mary Harkness.
- In 1862, Henry Flagler and his brother-in-law, Barney York, founded the Flagler and York Salt Company, a salt mining business in Saginaw, Michigan. When the Civil War ended however, salt, which had been in heavy use as preservative by the Union Army, was no longer in high demand and Flagler and York Salt Company collapsed.
- The next year Flagler re-entered the grain business as a commission merchant and paid back the money he had borrowed for the salt business. During this time, Flagler became acquainted with John D. Rockefeller, who worked as a commission agent with Hewitt and Tuttle for the Harkness Grain Company.
May 14, 2018 · Henry Flagler (1830-1913) was a self-made millionaire and industrialist who co-founded the Standard Oil Company. He masterminded the plan that transformed Standard Oil into the most successful monopoly of the nineteenth century. During the second half of his life, he developed land and built railroads in Florida, establishing agriculture and ...
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Jan 13, 2020 · Flagler was able to secure $100,000 from a relative on the condition that said relative be made a partner in the new company of Rockefeller, Andrews and Flagler with a 25% share ownership. The Rockefeller, Andrews and Flagler partnership was organized on January 10, 1870 as a joint-stock corporation named Standard Oil.
