Eagle Motor Shorts
Description: Mrs. Francis Edwards was a bookkeeper for a freight company in Birmingham who handled collections. After having to wait at the same trucking company each week, she told the owner that she should just buy the business so that it could be run properly. To her surprise, the owner called and asked if she was interested. Turns out, she was and in January 1946, she was president of her own trucking company. Starting with 10 trucks that came with the business, she positioned Eagle Motor Lines as a specialty carrier focused primarily on flatbed work. 20 years later, Eagle Motor Lines had 340 trucks and over 500 trailers, operating across nearly half of the USA with annual revenue approaching $20 million. Not bad for a bookkeeper, huh?
Description: Wanting to get in on California's booming petroleum industry, a Canadian man named C.C. (Courtney Chauncey) Julian launched Julian Petroleum Company in 1923 in Los Angeles. Julian's company was little more than a vast Ponzi scheme masked as an investment opportunity, bilking millions from eager investors through aggressive newspaper advertising. As the fraud collapsed in 1927, the appointed as receiver, and created Sunset Pacific Oil Company from the remains of Julian Petroleum Company. Sunset Pacific failed with $12 million in debt to Associated Oil, and was reorganized into Sunset Oil Company in 1934. Long story short, Golden Eagle Motor Oil was one of Sunset's first products, and one that helped make the reorganized company a success.
Description: Wanting to get in on California’s booming petroleum industry, a Canadian man named C.C. (Courtney Chauncey) Julian launched Julian Petroleum Company in 1923 in Los Angeles. Julian’s company was little more than a vast Ponzi scheme masked as an investment opportunity, bilking millions of dollars from eager investors through aggressive sales and newspaper advertising. As Julian’s fraud collapsed in 1927, a Los Angeles lawyer was appointed as receiver, and created Sunset Pacific Oil Company from the remains of Julian Petroleum Company. Sunset Pacific failed with $12 million in debt to Associated Oil, and was ultimately reorganized into Sunset Oil Company in 1934.
