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Lyman Stewart

Union Oil Company

1894 - 1914

Utilities & Energy

pre-1900 b. 1840
Born-Died1840 - 1923
BirthplacePennsylvania (PA)
FatherOwner, Small Business
Era - pre-1900

Prior to starting the Hardison and Stewart Oil Company, the entity that later became Union Oil, Stewart engaged in several unsuccessful business ventures in the oil industry. At Union Oil, however, Stewart thrived as president, investing heavily in new wells throughout southern California, allowing Unionís capitalization to grow from $10 million in 1900 to $50 million in 1908.