Standard Oil and Oliver Burr Jennings, who had married the sister of William Rockefeller's wife. In 1870, Rockefeller abolished the partnership and incorporated Standard Oil in Ohio. Of the initial 10,000 shares, John D. Rockefeller received 2,667; Harkness received 1,334; William Rockefeller, Flagler, and Andrews received 1,333 each; Jennings received 1,000, and the firm of Rockefeller, Andrews & Flagler received 1,000. Rockefeller chose the "Standard Oil" name as a symbol of the reliable "standards" of quality and service that he envisioned for the nascent oil industry. In the early years, John D. Rockefeller dominated the combine; he was the single most important
Associated Oil Company properties. The presidents of the companies were: W. G. Kerckhoff for Reed Crude Oil Company; Burton E. Green for Green-Whittier Oil Company; Charles A. Canfield for Canfield Oil Company; M. H. Whittier for Kern Oil Company; John A. Bunting for San Joaquin Oil & Development Company. Securing agreements from 34 other oil companies in the area the Associated Oil Company was incorporated on October 7, 1901 and on January 1, 1902 began actively producing and marketing crude oil. The Standard Oil Company and the Southern Pacific Railroad acquired an interest in Associated Oil for the purposes of transporting their own