#PlacidOil
4 entries tagged PlacidOil.
People (3)
- Hassie Hunt Eldest son of H.L. Hunt, an oil finder worth millions at twenty-four, who broke down in the army in 1943 and was lobotomized, and whose trusts were run by his brothers and sisters.
- Lyda Bunker Hunt Arkansas schoolteacher who married H.L. Hunt in 1914, bore the six children whose trusts came to hold most of the Hunt fortune, and died in 1955 while he kept two other families.
- Margaret Hunt Hill Eldest child of H.L. Hunt, his business aide, trustee of her lobotomized brother's fortune, who after the 1980 silver collapse made Bunker and Herbert Hunt pledge more property to protect Placid Oil.
Organizations (1)
- Placid Oil Company Oil company of H.L. Hunt's first family trusts, pledged to banks after the 1980 silver collapse, which sued its 23 lenders, filed for bankruptcy in New Orleans, and was sold to Occidental in 1994.