Frank Rockefeller

Source: Wikipedia, the free encyclopedia.
Frank Rockefeller
Cleveland, Ohio, US
OccupationBusiness executive
Parent(s)William Avery "Bill" Rockefeller and Eliza Davison

Franklin Rockefeller (August 8, 1845 – April 15, 1917) was an American businessman and member of the prominent Rockefeller family.

Early life

He and his younger twin sister Frances, who died young, were born on August 8, 1845, in

William Avery Rockefeller Jr.

Rockefeller's early years were spent in

Cleveland, Ohio
, which would be the home base of his business endeavors.

Career

In September 1861, while still underage, he joined the

7th Ohio Infantry and participated as an infantryman in the battles of Winchester, Port Republic, Cedar Mountain, Chancellorsville, Gettysburg, Lookout Mountain, and other battles including Sherman's march to Atlanta. He was wounded in the head by grape shot at Chancellorsville.[1]

He held various jobs in Cleveland, eventually becoming involved in his brothers' Standard Oil Co. Frank became one of the principal promoters of the company, and later served as its vice president. However, Rockefeller fell out with his brothers and left Standard Oil in 1898. The rift was caused by

Atchison, Topeka and Santa Fe Railroad
brought in fresh settlers shrinking the free range for cattlemen. This ruined the ranch for breeding beef, and Frank tried futilely to sell the depreciated property.

Frank formed a business relationship with

Frasch Process. All three then entered into a 50-50 agreement with the American Sulphur Company to form the Union Sulphur Company.[2]

Frank was not as suited to business as his brothers. He invested around $500,000 in mining ventures, which proved unsound, and also invested $250,000 in unfruitful commercial paper. Frank found stability when he invested in the

Buckeye Steel Castings Company of Columbus in 1892. He became president of the company in 1905, and served in that capacity until 1908, when the presidency was assumed by Samuel Prescott Bush.[citation needed] Frank Rockefeller continued as vice president of the company.[citation needed
]

Frank Rockefeller refused to speak to his brothers John and William Jr. until his death, despite William attempting reconciliation in the summer of 1916. Frank said later that year "There's not the slightest possibility of a reconciliation." Frank died the following year. His funeral was held on April 17, 1917, at the home of Mrs. Walter S. Bowler. The funeral was attended by his brothers, John and William, the former being described in the press as "looking tired and careworn."

Personal life

In 1870, Rockefeller married Helen Elizabeth Scofield, a daughter of William Charles Scofield and Ann Scofield (née Barker) both of

Cleveland, Ohio
. The Scofield family was prominent in business in Ohio. They had five children.

Rockefeller died on April 17, 1917 in Cleveland, Ohio aged 71.[3]

References

  1. ^ Itinerary of the Seventh Ohio Volunteer Infantry, Edited and Compiled by Lawrence Wilson, The Neale Company, 1907.
  2. ^ Haynes, Williams (1959). Brimstone, The Stone That Burns. Princeton: D. Van Norstrand Company, Inc. pp. 37–39.
  3. ^ https://www.nytimes.com/1917/04/16/archives/frank-rockefeller-dies-in-cleveland-youngest-brother-of-john-d-with.html

Further reading

  • Chernow, Ron. Titan: The Life of John D. Rockefeller Sr. London: Warner Books, 1998.