Standard Oil of Ohio Standard Oil of Ohio Standard Oil of Ohio or Sohio was an American oil company, and the earliest component of the original Standard Oil company founded by John D. Rockefeller. Sohio was acquired by British Petroleum, now called BP. Sohio continued as a separate entity after the antitrust breakup of Standard Oil in 1911. It operated service stations under the "Sohio" brand name in Ohio. In other states, it used the "Boron" brand name instead, but with an otherwise-similar logo. Wallace Trevor Holliday was President of the company from 1928 to 1949 and Chairman of the Board from 1949 until
Standard Oil in New York City. Concurrently, the trustees of Standard Oil of Ohio chartered the Standard Oil Co. of New Jersey (SOCNJ) to take advantages of New Jersey's more lenient corporate stock ownership laws. In 1890, Congress passed the Sherman Antitrust Act – a source of American anti-monopoly laws. The law forbade every contract, scheme, deal, or conspiracy to restrain trade, though the phrase "restraint of trade" remained subjective. The Standard Oil group quickly attracted attention from antitrust authorities leading to a lawsuit filed by Ohio Attorney General David K. Watson. From 1882 to 1906, Standard paid out $548,436,000 in dividends