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
Vacuum Oil Company internal-combustion engines. Ewing sold his interest to Everest, who carried on the company. Vacuum was bought by Standard Oil in 1879. It originated the Mobil trademark in 1899 (as "Mobilgas;" "Mobiloil" came later). When Standard Oil was broken up in 1911 due to the Sherman Antitrust Act, Vacuum became an independent company again. Vacuum Oil and Standard Oil of New York (Socony) merged in 1931, after the government gave up attempts to prevent it. At the time, the newly combined company made Socony-Vacuum Corp. the 3rd largest oil company, worldwide. Everest remained with the firm, and was given a salaried