An Early Legal Guide to the Petroleum Industry Shapley, Ezekiel Cooper, Jr. [1841-1919]. Legal Guide for Oil Companies and Stockholders; Including a Digest of the Mining Laws of Pennsylvania. Philadelphia: Fowler & Moon, 1865. [iii], 4-34 pp. Advertisements to rear wrapper and verso of front wrapper. Octavo (9" x 5-3/4"). Stab-stitched pamphlet in printed wrappers. Light soiling and faint pencil marks to exterior, some wear to spine ends and corners, faint dampstain to upper-right corners of front wrapper and following three leaves, moderate toning to interior. $450. * Shapley was a Philadelphia lawyer and one-time secretary of the Mapel Farm Oil Co. His pamphlet provides an overview of Pennsylvania's corporate, tax and mining laws as they might relate to a "casual observer" or "hasty businessman" excited by the possibilities of the nascent oil industry, which began with the drilling of the first oil in Titusville, Pennsylvania in 1859. The audience for a pamphlet like this was wide, as the Pennsylvania legal system was struggling to keep up with the demands of a booming industry commanding massive amounts of capital. The Mapel Farm Oil Co. was one of the many small companies incorporated during the Pennsylvania oil rush. Mapel Farm's success was thought to be assured, according to a November 1864 issue of The American Exchange and Review. Whether they struck oil or not, the company was likely caught in the swift, brutal consolidation of Standard Oil in the 1870s and no further records of this company could be found. A rare glimpse into the pre-Rockefeller oil industry. OCLC locates 4 copies, one in a law library (Social Law).
Book number 72590