Name: Black Gold to Bluegrass: From the Oil Fields of Texas to Spindletop Farm of Kentucky, Paperback/Fred B. McKinley
Brand: Eakin Press
Price: 221.99 RON
Availability: InStock

Descriere & specificații

Black Gold to Bluegrass is the first such work that concentrates wholly on the Second Spindletop Oil Boom and what happened afterward-taking the story from the oil fields of Southeast Texas and Louisiana to the Bluegrass of Kentucky. After partnering with Thomas Peter Lee of Houston, Frank Yount, water-well driller turned wildcatter, struck it rich, and the Yount-Lee Oil Company began a remarkable march that almost took it to the top of the oil industry. Although he used some of his wealth to benefit his fellowman, Frank Yount, also put together a priceless collection of antique violins, and some of the classiest and most expensive automobiles of the day, including three Duesenbergs and a Cord. He built a state-of-the-art Saddlebred training facility in Beaumont, hired dashing horseman Cape Grant to run it, and directed him to take the horses of Spindletop Stables to competitive shows throughout the county-and win Frank Yount died young at age 53 in November 1933. Within two years, Pansy-his wife and principal heir-and the investors in the Yount-Lee Oil Company sold the enterprise to Houston attorney Wright Morrow for then what amounted to the third-largest financial transaction in American business history. Morrow, who later became one of the giants of Texas politics, immediately parceled off most of Yount-Lee's oil assets to Stanolind (Standard Oil of Indiana), a subsidiary of the giant Standard Oil conglomerate which later became Amoco. In spite of the magnitude of this tr