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Harry Ford Sinclair

American businessman and oilman ()

Harry Ford Sinclair (July 6, – November 10, ) was an American industrialist, and the founder of Sinclair Oil. He was implicated in the s Teapot Dome scandal, and served six months in prison for contempt of Congress.

Although this harmed his reputation, he returned to his former life and enjoyed its prosperity until his death.[1]

Sinclair was an avid owner of sports properties, one of the principal financial backers of baseball's Federal League and a force in U.S. thoroughbred racing.[citation needed] Horses from his stable won the Kentucky Derby and three Belmont Stakes.

Early life

Harry Sinclair was born in Benwood, West Virginia, now a suburb of the city of Wheeling. Sinclair grew up in Independence, Kansas. The son of a pharmacist, after finishing high school, he entered the pharmacy department of the University of Kansas, at Lawrence. He was working as a pharmacist in when the business failed.

Harry ford sinclair family tree scotland

He was implicated in the s Teapot Dome scandal , and served six months in prison for contempt of Congress. Although this harmed his reputation, he returned to his former life and enjoyed its prosperity until his death. Sinclair was an avid owner of sports properties, one of the principal financial backers of baseball's Federal League and a force in U. Sinclair grew up in Independence, Kansas. The son of a pharmacist , after finishing high school, he entered the pharmacy department of the University of Kansas , at Lawrence.

He then began selling lumber for derricks in the oil fields of southeastern Kansas. On the side, he started speculating in oil leases.[2] The opportunity in the rapidly expanding oil industry saw him become a lease broker and acquire an interest in the White Oil Company. In , Sinclair married Elizabeth Farrell of Independence, Kansas.

By the time he was thirty, he had become a millionaire.[2]

Oil business

In , four businessmen: Eugene Frank Blaise, Charles J. Wrightsman, William Connelly, and Harry F. Sinclair bought the failed Farmers National Bank in Tulsa. They created a new entity, Exchange National Bank, and named Sinclair as president.[3] This bank, later renamed as the National Bank of Tulsa, was a forerunner of the present Bank of Oklahoma.

On May 1, , the highly successful Sinclair formed Sinclair Oil from the assets of eleven small petroleum companies.

Harry ford sinclair family tree farm They were the parents of at least 1 son and 2 daughters. In , at the age of 39, his occupation is listed as founder of sinclair oil corporation. Do you know Harry Ford? Do you have a story about him that you would like to share? School attendance became compulsory from ages five to ten on August 2,

In the same year, he bought the Cudahy Refining Company of Chicago, owner of several oil pipelines and refineries.[4] By the end of the s, Sinclair Oil refineries had a production capacity of 80, barrels a day and had built almost miles (1,&#;km) of oil pipelines. Operations were expanded in various areas including a 12,acre (49&#;km2) coal mining property.

The company was ranked as the seventh largest oil company in the United States and the largest in the Midwest.[4] Harry Sinclair's business acumen made him an important member of the local business community and he helped organize the State Bank of Commerce, which later was acquired by the First National Bank of Independence, of which Sinclair served on the board of directors.

His brother, Earle W. Sinclair, served as president of Sinclair Refining Company until his death at age 70 of heart disease on September 21, [5]

Organized sports

Sinclair was one of the main financiers of baseball's Federal League.[6] He was the principal owner of that league's Indianapolis franchise.

Following the season, he purchased the remainder of the team and moved them to Newark, New Jersey, where they became the Newark Peppers.[7] After the season, the Federal League cut a deal with the other two baseball leagues. Sinclair reportedly made $2&#;million on his investment.[8] Sinclair offered Helene Hathaway Britton $, for the St.

Louis Cardinals in ($5,, in current dollar terms), but she declined.[9]

Sinclair invested a substantial amount of money in thoroughbredrace horses, acquiring the prestigious Rancocas Stable in Jobstown in southwest New Jersey from the estate of Pierre Lorillard IV. One of the most successful stables in the late 19th century, the farm continues to operate today as the Helis Stock Farm.

The more than 2,acre ( km2) farm includes a training barn with 1, windows enclosing a half-mile oblong indoor track. Sinclair again made it a major force in thoroughbred racing during the s. Under trainer Sam Hildreth, Sinclair's stable won the Kentucky Derby and three Belmont Stakes. Such was the fame of Rancocas Stable that the Pennsylvania Railroad named baggage car # in its honor.

Two of the stable's colts, Grey Lag and Zev, are in the National Museum of Racing and Hall of Fame.[10][a]

Scandal

Main article: Teapot Dome scandal

Harry Sinclair's high-profile image as a reputable American business leader and sportsman came into question in April when The Wall Street Journal reported that, Albert B.

Fall, the United States secretary of the interior, had granted an oil lease to Sinclair Oil without competitive bidding. The oil field lease was for government land in Wyoming that had been created as an emergency reserve for the United States Navy. What became known as the Teapot Dome scandal, ultimately led to a United States Senate establishing a Committee on Public Lands and Surveys to conduct hearings into the circumstances surrounding the government oil lease.

Harry ford sinclair family tree Do you know Harry Ford? Do you have a story about him that you would like to share? Americanized form of some similar like-sounding Jewish surname. History: The Scottish family Sinclair see 1 above came to southern Scotland in the twelfth century from Huntingdonshire with the de Morvilles. Descendants of these Sinclairs became earls of Caithness in the 15th century.

The result was a finding of fraud and corruption which led to a number of civil lawsuits and criminal charges against Harry Sinclair and others. In the United States Supreme Court declared the Sinclair oil lease had been corruptly obtained and ordered it canceled.

Two weeks after Harry Sinclair's trial began in October , it abruptly ended when the judge declared a mistrial following evidence presented by the government prosecutors showing that Sinclair had hired a detective agency to shadow each member of the jury.

Sinclair was charged with contempt of court, the case eventually winding up before the Supreme Court who, on June 3, [12] upheld Sinclair's conviction. He was fined and sentenced to six and a half months in prison, which he served as prisoner #10,,[13] at the District of Columbia jail.[14]

While in prison, Sinclair was allowed to work as both pharmacist and physician's assistant, and it was while working within these capacities that he was allowed to be taken by car to attend to the prisoners assigned to work details at the city wharfs.[15] Public attention and perceived favoritism prompted George S.

Wilson, district director of Public Welfare, to order an end to these rides, but rumors of Sinclair's preferential treatment continued.[16]

In , Secretary Fall was found guilty of bribery, fined $, and sentenced to one year in prison,[citation needed] making him the first Cabinet member to go to prison for his actions in office.

Later life

After serving his short prison term Sinclair returned to his successful business. He had owned a luxurious French Renaissance-style château[17] on the southeast corner of Fifth Avenue and 79th Street in New York City. His reputation destroyed there, Sinclair sold the property in Located in the same area as several major museums, it was eventually acquired by the Ukrainian Institute of America and is now open to the public.

Harry Ford Sinclair retired as president of Sinclair Oil and Gas Company in January [4] He died a wealthy man in Pasadena, California in , at age 80, and was interred in the Roman Catholic Calvary Cemetery, East Los Angeles.

Notes

  1. ^Zev, then 3 years old, won the Kentucky Derby on May 19, , beating out Martingale, which was owned by another Oklahoma oilman, J.

    F. Cosden.

    Harry ford sinclair family tree we were liars He briefly worked as a druggist but lost the business speculating on oil futures. He entered the oil business first by selling lumber for oil derricks, then he began buying and selling oil leases. In he struck it rich with an oil find in Kiowa, Oklahoma. After this he demanded absolute control of all his business ventures, which were many and most were successful. He owned 62 oil companies by , establishing Sinclair Oil in

    This race was seen by the largest crowd ever to visit the opening race at the Derby up to that time. It also occurred a few weeks after the Rancocas Stable burned to the ground, also destroying two valuable stallions, eleven colts and 29 brood mares.[11]

References

  1. ^"Sinclair v.

    United States, Supreme Court of the United States, No. , October Term, slip opinion, April 8, | U.S. Capitol - Visitor Center". . Retrieved July 16,

  2. ^ abKansapedia. "Harry Ford Sinclair".

    Sinclair family: Genealogy for Harry Ford Sinclair, I ( - ) family tree on Geni, with over million profiles of ancestors and living relatives.

    Kansas Historical Society. Retrieved November 14, [1]

  3. ^"Historic Tulsa:The Bank at South Boston"
  4. ^ abcWeaver, Bobby D. "Sinclair Oil and Refining Corporation". Encyclopedia of Oklahoma History and Culture.

    Retrieved November 14, [2]Archived October 10, , at the Wayback Machine

  5. ^United Press, “Sinclair Refining Co. President Succumbs”, The San Bernardino Daily Sun, San Bernardino, California, Saturday September 23, , Volume 51, page 2.
  6. ^Suehsdorf, A. D. (). The Great American Baseball Scrapbook, p. Random House.

  7. Harry Ford Sinclair, II (1913 - 1987) - Genealogy - Geni.com
  8. Item 2 of 10
  9. Harry Ford Sinclair, I (1876 - 1956) - Genealogy - Geni.com
  10. Item 1 of 3
  11. Harry Ford Sinclair Sr. (1876-1956) - Find a Grave Memorial
  12. ISBN&#;

  13. ^Hoosiers article at Everything2
  14. ^Newark Pepper article at Everything2
  15. ^"Sinclair May Buy St. Louis". January 18, Retrieved February 9,
  16. ^"Zev". January 18, Retrieved December 30,
  17. ^Stockman, L. P. "California Field Operations".

    Oil & Gas Journal. May 23, p. Accessed May 2, Available on Google Books.

  18. ^"FindLaw's United States Supreme Court case and opinions".
  19. ^"Corruption: No. 10, ".

  20. Sinclair family
  21. Harry Ford Sinclair Sr. (1876-1956)
  22. WikiTree FREE Family Tree
  23. Time. May 20, Archived from the original on February 4, Retrieved December 22,

  24. ^"Sinclair's Last Night In Prison". The Milwaukee Sentinel. November 20, Retrieved December 22, [permanent dead link&#;]
  25. ^"Crime: Discrimination". Time.

    September 16, Archived from the original on February 4, Retrieved December 22,

  26. ^A Fellow Prisoner (March 5, ). "Sinclair Guest at Prison, Private Chef Cooked Food, Served It In Oil Man's Cell". The Pittsburgh Press. Retrieved December 22,
  27. ^Ukrainian Institute, originally the Isaac and Mary Fletcher House

External links