Episode 1 of 1

Formation of Standard Oil Co. of New Jersey

When
1899
Where
Standard Oil Trust, based at 26 Broadway in New York
Part of
Standard Oil controls 84% of US oil after merger of small companies

In 1899, Jersey Standard acquired shares of 19 other companies, becoming the holding company for the trust, based at 26 Broadway in New York.

The Standard Oil Trust was dissolved in 1892, leading to 20 independent companies. In 1899, the Standard Oil Company of New Jersey acquired the shares of the other 19 companies. This entity became the holding company for the trust, legally reborn as a holding company based at 26 Broadway in New York.

Sources

  1. Standard Oil Wikipedia, revision of 2026-09-30

Machine-drafted from the cited Wikipedia passages and checked by a reviewing model, not by a human editor. Every passage cites the revision it was written from; dates and places follow those passages.