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
Standard Oil Co. v. United States (Standard Stations) Standard Oil Co. v. United States (Standard Stations) Standard Oil Co. v. United States, 337 U.S. 293 (1949), more commonly referred to as the "Standard Stations" case (because that was the brand name of the company whose exclusive dealing contracts were held unlawful in the case. and also because there is a 1911 case with the same caption "Standard Oil Co. v. United States"), is a 1947 decision of the United States Supreme Court in which requirements contracts for gasoline stations (Standard Stations) were held to violate section 3 of the Clayton Act. That statute prohibits selling goods on the