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Texas Company seeks charter powers to produce oil in Texas
An advertisement urges Texas lawmakers to amend the state charter laws to allow The Texas Company to produce crude oil and pursue all branches of its single business. The piece argues current Texas restrictions push production abroad or into other state charters, hindering growth of a company with 10,000 employees and global marketing. It cites comparisons with competitors and holding companies in other states and calls for fair relief from the Thirty-fifth Legislature.
MENTIONED IN THIS ARTICLE
Texas
Texas Company
Union
Globe
California
Oklahoma
Louisiana