In 1878, Flagler's wife, Mary, who had always struggled with health problems, became very ill. Five years later Standard Oil moved its headquarters to New York City, and the Flaglers moved to their new home at 509 Fifth Avenue in New York City. In just two years Standard Oil became the leader in the American oil refining industry, producing 10,000 barrels per day. On January 10, 1870, the Rockefeller, Andrews and Flagler partnership was organized as a joint-stock corporation named Standard Oil. Flagler secured $100,000 from a relative on the condition that he be made a partner owning 25% of the shares in the new company of Rockefeller, Andrews and Flagler. In need of capital for his new venture, Rockefeller approached Henry Flagler, with whom he had business dealings for many years. During the mid 1860s, Cleveland was quickly developing as the center of the oil refining industry in America and Rockefeller decided to leave the grain business to start his own oil refinery. Rockefeller, who worked as a commission agent with Hewitt and Tuttle for the Harkness Grain Company. During this time, Flagler became acquainted with John D. 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. Heavily in debt, Flagler returned to Bellevue, Ohio - his initial investment of $50,000 and an additional $50,000 he had borrowed from his father-in-law and Dan Harkness were lost. 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. 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. Unfortunately, only Henry Harkness would survive to have children, one of which would later establish the Flagler Museum. They had three children, Jennie Louise, Carrie, Henry Harkness. The following year, on November 9, he married Mary Harkness. Harkness and Company with his half-brother, Dan Harkness. In 1852 Henry Flagler became a partner in the newly organized D. Harkness and Company, at a salary of $5 per month plus room and board. 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. Notes - Details any special features of an industry.Henry Morrison Flagler was born on Januin Hopewell, New York, to Reverend and Mrs.Industry Profits are also impacted by Industry Cost. Relative Profitabililty - A hidden modifier that affects how profitable a certain industry is relative to others.Industry Cost - The cost for a company to purchase this industry as an industry investment.This can change throughout the game depending on the year. Supplied and Demanded Cargos - A brief description of the cargos produced, converted and accepted by the industry.Industries placed in the editor ignore this.
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