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Company Profile

Anderson-Prichard Oil Corporation

The Anderson-Prichard Oil Corporation, a regional oil refinery and gasoline distributor, began operation in Oklahoma City, Oklahoma in 1919, founded by J. Steve Anderson and Lev H. Prichard Sr. The partnership was incorporated as a Delaware corporation on June 30, 1922.

History
Lev H. Prichard Sr., previously had organized the Caddo Petroleum Company in 1918 along with his partners, A.P. Crockett, J.B. Allen, and Walter "W.R." Ramsey. By August 1920, J. Steve Anderson joined the company as vice president, and Lev Prichard was promoted from Vice President to being President. Paul Anderson served as Comptroller. The Anderson and Prichard families owned 63% of the Caddo stock by this time. Due to various setbacks, the Caddo company was eventually shut down and liquidated shortly after June 21, 1921. However, separately from the Caddo company, on October 6, 1920, Anderson-Prichard & Co. ("AP&C") had been incorporated in Delaware, with an authorized capital of 100,000 shares of no par value stock. Although incorporated in Delaware, AP&C maintained its principal offices at the Colcord Building in Oklahoma City. AP&C assumed control of the Cyril Refining Company of Cyril, Oklahoma, but due to poor capitalization and debt that had been taken on to obtain services and equipment, AP&C was liquidated in January 1922. In 1960 the bulk of the company's assets sold for $123.3 million to four investor groups, including Occidental, Seagram, and Brookston Oil. One part which included Anderson-Prichard marketing and distribution units was incorporated in Delaware as a completely new company, named "APCO Oil Corporation". ==Cultural references==
Cultural references
The Ramsey Tower in Oklahoma City, Oklahoma, completed in 1931, was for a period of time widely referred-to as "APCO Tower", while the Anderson-Prichard Oil Corporation was headquartered there. The building is now known as the "City Place Tower". The W.S. Kelly Gas Station & General Store was an Anderson-Prichard gas station located in Cogar, Oklahoma, and appeared in a scene in the film, Rain Man, starring Tom Cruise and Dustin Hoffman. The "APCO Petroleum Products" road sign can be seen in the film in a scene where the two protagonists stop to use the phone booth. ==References==
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