Arnold Schlaet (1859–1946) was a U.S. oil industrialist and business man.

Biography

In 1901, Schlaet, with Jim Hogg, John Warne Gates, and Joseph S. Cullinan, founded the Texas Fuel Company, predecessor to Texaco Incorporated. Schlaet was an agent from New York City who worked for the United States Leather Company, owned by John J. and Lewis Henry Lapham. Naturally conservative, he was nevertheless impressed with Cullinan's plans, and helped him to gain capital to start the new venture.[1]

References

  1. ^ Linsley, Judith; Rienstrad, Ellen; Stiles, Jo (2002). Giant Under the Hill, A History of the Spindletop Oil Discovery at Beaumont, Texas in 1901. Austin: Texas State Historical Association. pp. 188–193. ISBN 9780876112366.

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