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 of Shanghai, who also built the 500-ton launch "Mei Foo" in 1912. "Mei Hsia" ("Beautiful Gorges") was launched in 1926 and carried 350 tons of bulk oil in three holds, plus a forward cargo hold, and space between decks for carrying general cargo or packed oil. She had a length of , a beam of , depth of , and had a bullet-proof wheelhouse. "Mei Ping" ("Beautiful Tranquility"), launched in 1927, was designed offshore, but assembled and finished in Shanghai. Its oil-fuel burners came from the U.S. and water-tube boilers came from England. Standard Oil Company and Socony-Vacuum Oil Company