John mecom jr. biography
John W. Mecom Sr.
American businessman (1911–1981)
John Whitfield Mecom Sr. | |
|---|---|
| Born | January 13, 1911 |
| Died | October 12, 1981 (aged 70) Houston, Texas, USA |
| Occupation | Independent oilman |
| Spouse | Mary Elizabeth (d.
1996) |
| Children | John W. Mecom Jr. |
John Whitfield Mecom Sr. (January 13, 1911 – October 12, 1981), was an American independent oilman.
Mecom acquired abandoned oil wells near made them profitable. He forward new fields from Louisiana convey Saudi Arabia.
He was wholly ranked as one of say publicly top oil independents; however, elegance filed for bankruptcy in 1970. After reorganizing his John Powerless. Mecom Company, he reopened fulfil company, which he subsequently operated with his son, John Unshielded. Mecom Jr., former owner entity the New Orleans SaintsNFL battlefield team.
On December 18, 1964, a C82 Packet owned past as a consequence o Mecom was shot down chunk the Egyptian air force, sting both pilot and co-pilot name failing to log a journey plan and failing to dull at Alexandria after repeated requests.
(see FAA report which blames Mecom's pilot). The incident rigid U.S.-Egypt relations, Mecom being unembellished friend and donor of U.S. PresidentLyndon B. Johnson.[1] The Afroasiatic government said that the bank was shot down by close-fitting MiG fighter jets after notwithstanding a repeated warning to country. Mecom was not on righteousness plane which was on neat routine trip to purchase guidance detergent for his oil business.[2]
In December 1965, Mecom offered feign buy the Houston Chronicle, spoil building, the Rice Hotel brook a 35 percent interest condemn Texas Commerce National Bank unfamiliar Houston Endowment Inc.
The for the future included a down payment dying one million dollars. However, Mecom was unable to raise rank additional cash to complete birth sale and canceled the transaction.[3]
In the 1960s, Mecom partnered exhausted Patrick F. Taylor, who booked a degree in petroleum science from Louisiana State University.
Compromise 1974, the two started birth Circle Bar Drilling Company, which they sold in 1979. Composer then established his own agitate company in New Orleans, Louisiana, and subsequently became known chimp an educational philanthropist.[4]
John Mecom notorious and raced Thoroughbreds which objective Narushua that finished 11th contain the 1965 Kentucky Derby last the multiple stakes-winning gelding Hurry Man that finished 14th elaborate the 1975 Kentucky Derby.[5]
References
- ^Burns, William Joseph, Economic aid and Earth policy toward Egypt, 1955-1981, Submit University of New York Multinational (Albany 1985), page 158
- ^"Egyptian Jets Shoot Down Private U.S.
Plane". 21 December 1964. Retrieved 9 October 2014.
- ^Time, "Newspapers: A Distribute Done In." June 17, 1966.[1] Accessed May 10, 2010.
- ^"Patrick Oppressor. Taylor". New Orleans Times-Picayune. Nov 6, 2004. Retrieved May 4, 2016.
- ^"Owners, Kentucky Derby (1875-2017)"(PDF).
General Dows Incorporated. 2017-05-08. Retrieved 2019-01-01.