William Stamps Farish II
William Stamps Farish II | |
---|---|
4th President of the Standard Oil Company (New Jersey) | |
In office June 1, 1937 – November 29, 1942 | |
Preceded by | Walter C. Teagle |
Succeeded by | Ralph W. Gallagher |
3rd Chairman of the Standard Oil Company (New Jersey) | |
In office June 6, 1933 – June 1, 1937 | |
Preceded by | George H. Jones |
Succeeded by | Walter C. Teagle |
Personal details | |
Born | Mayersville, Mississippi | February 23, 1881
Died | November 29, 1942 Millbrook, New York | (aged 61)
Spouse |
Libbie Randon Rice (m. 1911) |
Alma mater | University of Mississippi (1900) |
William Stamps Farish II (February 23, 1881 – November 29, 1942) was a pioneer in East Texas oilfield development, president of Standard Oil and a founding member and president of the American Petroleum Institute. He was a member of the influential Farish family.
Early life
Farish was born in Mayersville, Mississippi the son of William Stamps Farish I (1843–1899) and Katherine Maude Power (1860–1931)[1] and the grandnephew of Jefferson Davis.[2] He attended school at St. Thomas Hall, an Episcopal preparatory school at Holly Springs, Mississippi.[3] The school was founded in 1844 by a New Yorker, the Reverend Francis Lister Hawks (1798–1866). A brilliant, winsome, and sometimes controversial Episcopal priest and educator, Hawks attracted motivated students from all over the Episcopal Diocese of Mississippi. Hawks's vision for the school in Holly Springs was derived in part from W.A. Muhlenberg's successful schools on Long Island. In 1847, Hawks left Mississippi to become the first President of the University of Louisiana in New Orleans (now the Tulane University of Louisiana).
Career
After receiving a law degree from the University of Mississippi in 1900, he practiced law for three months at Clarksdale, Mississippi, before moving to Beaumont, Texas, when oil was discovered at the Spindletop oilfield. He became supervisor of wells for Texas Oil Fields, Limited, an English syndicate. The next year he organized the Brown-Farish Oil Company, which did contract drilling and traded in oil. The firm became bankrupt at Brown's death, but Farish succeeded in borrowing money to pay creditors. By 1904 Farish and Robert Lee Blaffer had formed a partnership to do contract drilling and lease trading. The next year Blaffer and Farish moved to Houston to be nearer the Humble field.[3]
In 1915, Farish became president of the Gulf Coast Producers Association and subsequently was named president of the Texas-Louisiana Oil and Gas Association. In March 1917, he and others organized the
Farish served as vice president for five years and in 1922 became president. The Houston company, which remained surprisingly autonomous, became Jersey Standard's largest operating unit. In 1926, Farish became a founder and president of the
World War II controversy
Farish had been a principal in a partnership between a Standard Oil/General Motors owned company,
On March 25, 1942, U.S. Assistant Attorney General
William Stamps Farish was fined $1,000 while similar fines were levied against Standard Oil -- $5,000 each for the parent company and for several subsidiaries. This did not interfere with the millions of dollars that Farish had profited as a large stockholder, chairman and president of Standard Oil. He was described by Senator
Lazy F Ranch
William Stamps Farish II founded Lazy F Ranch in
Personal life
On June 1, 1911, he married Libbie Randon Rice in Houston. Libbie was a cousin of the first wife of Jefferson Davis, Sarah Knox Taylor, daughter of President Zachary Taylor, and a granddaughter of Walter Browne Botts, a founder of the international law firm of Baker-Botts. (Farish's great-grandfather, Hazelwood M. Farish (1809–1851), married Jane Lucinda Davis (1821–51), youngest sister of Jefferson Davis, President of the CSA.) Together, W.S. and Libbie Rice Farish had a son and a daughter:
- US Air Force during World War II and was the father of William Stamps Farish III(b. 1939).
- Mary Williamson Averell.[10]
Farish resided in the Shadyside community, developed by his friend, Joseph S. Cullinan.[11]
William Stamps Farish II died at the age of 61 on November 29, 1942, in Millbrook, New York, while visiting friends; he was buried in Houston. Farish had established the W. S. Farish Co. in 1929 to manage the family assets, which were valued by Forbes in 1992 at $400 million. The holdings include the Farish Fund foundation, providing millions for charitable causes. W. S. Farish Co., today is headed by grandson Will III, and still operates in Houston.[4]
See also
- William Stamps Farish III (grandson)
- William Stamps Farish IV (great grandson)
References
- ^ Genealogy at dgmweb.net
- ^ jeffersondavis.rice.edu
- ^ a b c "TSHA | Farish, William Stamps".
- ^ a b c 174 Years of Historic Houston: Who's Who – William Stamps Farish
- ^ Holdermann, Karl, Im Banne der Chemie: Carl Bosch, Leben und Werk, 1954, p. 136-137
- ISBN 0-440-09064-4
- ISBN 0-440-09064-4
- ^ "Bill Farish - NTRA". www.ntra.com. Archived from the original on November 25, 2006.
- ^ "Miss Martha Farish Married in Ceremony At St. James to Edward Harriman Gerry; Mrs. William S. Farish Jr., Sister-in-Law, Serves as Matron of Honor--Eight Others Attend Her". The New York Times. April 23, 1939. Retrieved February 27, 2017.
- ^ New York Times article dated March 4, 1908
- ^ Hamm, Madeleine McDermott. "DESIGN LINE." Houston Chronicle. Sunday October 23, 1994. Lifestyle p. 3. Retrieved October 18, 2012.