Standard Oil an "unreasonable" monopoly under the Sherman Antitrust Act, Section II. It ordered Standard to break up into 34 independent companies with different boards of directors, the biggest two of the companies were Standard Oil of New Jersey (which became Exxon) and Standard Oil of New York (which became Mobil). Standard's president, John D. Rockefeller, had long since retired from any management role. But, as he owned a quarter of the shares of the resultant companies, and those share values mostly doubled, he emerged from the dissolution as the richest man in the world. The dissolution had actually propelled Rockefeller's personal
Standard Oil Company No. 16 (harbor tug) Standard Oil Company No. 16 (harbor tug) Standard Oil Company No. 16 is a historic harbor tugboat located at Mariners Harbor, Staten Island, New York. She was built in 1907 by the Skinner Shipbuilding and Dry Dock Company of Baltimore, Maryland for the Standard Oil Company. She has heavy steel frames and deck beams. She is 100 feet in length, 23 feet in beam and 11.2 feet in depth. She is registered at 175 gross tons. She has an original wooden pilot house and the engine room dates to 1953-1954 when converted from steam to diesel. At that time, Standard