Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1918-08-28
OIL COMPANY AND
REFINERY POOLED
BiEhcart Producing A IleflnlnR. iva
ami Half Million Dollar Cnr-
poration. Formed.
HAS SO PRODUCING WELLS
Took over Blgheart Refinery and
MREra achusctts q klahonn Com.
pany IN Consolidation.
uBy IRA RINEIIART)

The Bighcart Producing 4 Refin-
Ing Co, with a full paid capital Of
~. 500. .OoO was formed In Boston.
Mass., last week with John l.. Gray
az president and some OF tho most
Influential capitalists ~ tho country
constituting tho board of directors
The new company absorbs the
Maasac husetts- OK lahbma OH COM
pRny. withaS9 producing wells IN the
Usage, Bird creek and BALD HIN
fields, and the Bigheart Petroleum
Refining company, with a l 900 bar
rel refinery, and casinghead gasoline
plant AZ Bigheart making 2 200 gal
Ions OF gasoline daily. sixty new
tank cara have recently been put into
service by the company
ThsS Massa chusetts- ~ klahoma cOii
company" was orEanixe8 In March.
1917 and was the consolidation of
the Penmar oil company, Power City
OF company and Berkshire OF com.
pany. The BiEheart Petroleum re.
filming company was organised IN oc-
tober, 1917. and acquired by pur-
chase. the original refinery built by
]. 3. cosden st BiEheart sinne she
acquisition OF the cosden refinery,
the BiEheart Petroleum Refinina
company has completely rebuilt II ny
adding new tankaRc, new stills ana
new boilers. beside expendlns more
than $4,000 IN the construction OF
a easinghsad gasoline plant near the
refinery.
To Eniarxe Refinery.
The new corporation will espend
considerable snnt. OF money en-
lafEing the refinery and will add u
Intoxicating plant. beside atartinE sn
aoSive drilling campaign on the
Usage holdings Of the eompany 20 AZ
20 increase the production and en-
able the refinery 70 run 10 Its full
capscity on its own crude oil
The board OF directors includes
some very prominent eastern capital.
lists. among them being Carlton 7.
Phelps. Judge OF the district court OF
the commonwealth OF MasAac husefts.
Herbert w. clark. president OF the
Clark Biscuit company and Clark
Wholesale Grocery company. North
Adams, Mass; A.sB, Dursii and n.
Howard George Of the banking
house Of Dureii George 4 Co, Bor-
ton. William N. Blood, r., and
George G. England OF stone 4 Weh-
ster. Inc, Boston and a, n. Mccni-
Tough or Tulsa, and stanley l.. smith,
chairman Of board and executive
committee, senior member OF the
banking firm iof smith q Potter,
New York Mr. smith was the prin-
clpal organizer of both the Maasa-
usetts- OK lahu1na oil company and
the Bighcart rstroleunh Refining
company
Gray We'll Known.
John l.. Gray, the new president
and general manager. needs nc IN.
trodpotion 10 the oil fraternity. a.
he has been In the oil buainesn a
lifetime and for more than tweaus
years he was general superintendent
and member OF the MANUFACTURING
committee OF the Tidewnter on COM
pRry and had charge of the large re-
tinery at Bayonne, N. J For the mast
four years he has been manager OF
the manufacturing department of
the Pierce oil corporation and IN
that position he supervised and con-
structed the sand Springs refinery
and rebuilt the refineries Ht Fort
Worth and Texas city. He severed
HIS relations with the Pierce on
corporation or July TO accept the
presidency Of the newly -orEanlzea
concern
Earle O. Hastings. secretary ana
treasurer has been resident OF
Tulsa the past ten years and is thor.
1uEhly Identified with the business
interests ~ the city He In Vice.
president ~ the West Tulsa Slate
'ank and tho Tulsa Rig. Reel & Mar.
lfaciurinE co, an well as being pres
dent OF the Tulsa Traffic aNsucl,.
ion. The general offices cf the
ON pany will be maintained In Tulsa
'lth branch offices In New Yutk
nd Boston.