National Refining Time Line
National sells its interest in the Canadian Oil Company after ownership of 30 years, for $21,000,000. Deal is signed December 30.
On December 30, 1938 W. H. Lamprecht II, president of the National
Refining Company was elected chairman of the board of directors, and Edgar
G. Hill of New York, who is with Ford, Bacon & Davis, Inc an engineering
company, was made president. Both elections will become effective on January
1, 1939. Mr. Hill had been elected also a director of the company
to fill the vacancy caused by the death of E. L. Mason, a vice president
of the Cleveland Trust Company.