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Case history; Prior: United States v. Standard Oil Co. of New Jersey, 173 F. 177 (C.C.E.D. Mo. 1909): Holding; The Standard Oil Company conspired to restrain the trade and commerce in petroleum, and to monopolize the commerce in petroleum, in violation of the Sherman Act, and was split into many smaller companies.
After the dissolution, Jersey Standard became the United States' second largest corporation after United States Steel. [10] The Standard Oil Company (New Jersey), which was renamed Exxon in 1973 and ExxonMobil in 1999, remains the largest public oil company in the world. Many of the companies disassociated from Jersey Standard in 1911 remained ...
New Jersey did the same that day. [12] New Century said it intended to comply with the orders, pending any appeals. [13] The company received cease and desist orders from the states of Connecticut, Maryland, Rhode Island and Tennessee on March 14 and 15, and by March 19, it was under such orders in eight states total, including Pennsylvania. [16]
Judicial dissolution, informally called the corporate death penalty, is a legal procedure in which a corporation is forced to dissolve or cease to exist. Dissolution is the revocation of a corporation's charter for significant harm to society. [ 2 ]
Horsehead Holding Corporation, formerly The New Jersey Zinc Company, was an American producer of zinc and related materials based in Pittsburgh. The operations of the historic company are currently conducted as American Zinc Recycling. The New Jersey Zinc Company was for many years the largest producer of zinc and zinc products in the United ...
The company was founded in 1838 as the Atlantic Insurance Company. [2] Originally a joint-stock company, [3] it became a mutual company on April 11, 1842. [3] [4] Its first chairman was Walter Restored Jones, a member of a prominent upper-class family of attorneys in New York City. [3] The Jones family ran the company for decades. [3] [4]
Stocks just had their best week of 2024.. All three major indexes pressed to record highs after Donald Trump won the 2024 presidential election.. For the week, the S&P 500 and the Dow Jones ...