Instead, Landry got a 10 year contract to keep building the Cowboy's fortunes. [9], Murchison frequently corresponded with Lyndon B. Johnson beginning in 1945. Murchison hired talented geologists, engineers and scientists [read more]and began to find oil in significant commercial quantities at a time when other oilmen depended on luck. in banking. I have a theory and it's conjecture. Iii has made over 1 trades of the Pulte Inc stock since 2011, according to the Form 4 filled with the SEC. The former indoor tennis courts had never looked so dazzling, with no fewer than five billiard tables in one quadrant and . Jerry Jones may never have been the owner of the Dallas Cowboys had Clint Murchison not had to sell the Cowboys to Bum Bright. Murchison is widely credited as the most financially sophisticated of the early oilmen. You can see the complete history of Iii Murchison stock trades at the bottom of the page. As a subscriber, you have 10 gift articles to give each month. One claim that Dallas Cowboys fans make, particularly those who listen to the Turkey Neck, or particularly those who confuse paranoia with freethinking and think being an unpaid moderator on a troll-catering fan forum is a lifetime achievement, is that Stephen Jones is a rich mans son. At that time, interest rates were 18%, and Clint held out hope that they would soon fall. They realize he had reversals that were out of his control.''. On average, Pulte Inc executives and independent directors trade stock every 31 days with the average trade being worth of $1,844,229. Skip to content. [hide], In 1929, Murchison officially merged his far flung gas operations into a single gas pipeline company, Southern Union Gas Company. Among his companies was the Southern Union Company. Tex Schramm claimed that Clint was the backbone and support for the entire franchise. Clinton Williams Murchison Jr. (September 12, 1923 - March 30, 1987) was a businessman and founder of the Dallas Cowboys football team. The. He wanted to find a line of work that fascinated him. View clint murchison's professional profile on LinkedIn. The circumstances of her illness and death shocked many in Highland Park, raising questions among friends and fueling gossip. Subsequently, Mr. Aston associated himself with Mr. Chip Johnson and Mr. Clint Murchison, III (The Murchison family owned the Dallas Cowboys), operating as Johnson Investments in Dallas, Texas. Speaking through his lawyers, he pleaded for more time for an out-of-court settlement in which Ameribass, owned by Robert M. Bass, would take over some of the troubled Murchison real estate ventures. Instead, Murchison hired Los Angeles Rams general manager Tex Schramm for those roles. He was a great owner of the Dallas Cowboys and our Americas Team image came about during his ownership. The study of PET-CT combined since 2004 By PulteGroup, Inc., based in Atlanta, Georgia, is one of America's largest homebuilding companies with operations in more than 40 markets throughout the country. Clint Murchison, Sr - as much as H.L. He's the son of the Murchison who held that meeting with Johnson, Nixon, J. Edgar Hoover, and others, where they decided to assassinate the President. Mr. Murchison owes money to some of the best-known names in American finance. In addition, several other oil-based fortunes in Houston and elsewhere are widely rumored to be on the rocks. Food poisoning? The Murchison I was talking about was Clint III. He used his influence as a major stockholder of Holt Publishing Company to urge publication of Hoover's book Masters of Deceit. John Murchison and his brother Clint Murchison Jr. were the first owners of the Dallas Cowboys. His lawyers have said that Mr. Murchison can pay off everybody if his assets are liquidated in an orderly manner. In this case Wolfe focuses on the Murchison's, starting Clint Murchison Sr's rise from the oil fields of East Texas during the Great Depression and how he turned the enormous windfall profits of Texas oil into enormous and diversified real estate and financial empires. started his career When Murchison Brothers finally dissolved and Johns family branch was detached from Clint, the Dallas Cowboys remained with him. The Murchison wealth was left to Clint Jr. and his younger brother, John. Clint Murchison Sr., born in 1895, was the son of a banker, John Weldon Murchison, owner of the First National Bank of Athens, Texas. Program The only sustainable source of competitive advantage that you have is your ability to learn faster than your competition. Her biggest interests were vintage clothing and various charities. In the late 1940s, the press informed an astonished America that some of its wealthiest citizens were a group of oilmen that included H. L. Hunt, Clint Murchison, and Hugh . He said she died of a bacteria that's found in food poisoning. FT. $6.9 MILLION. I'm just throwing this out there and see if others have any opinions about it. He was an in-house real estate broker whose responsibilities included locating and contracting for real estate in the Dallas/Fort Worth area. From custody battles to death, as with Shannon Murchison, once married to Clint Murchison, III, son of the founder of the Dallas Cowboys. Bah Clint W. Murchison Jr., the scion of a Texas wildcat oil family who created the Dallas Cowboys football team, died Monday night. Shannon died in 2005 at age 48. In 1955, Delhi merged with Taylor Oil and Gas Company to form Delhi-Taylor Corporation. Clint W. Murchison, Jr.1 and his four children, Clint W. Murchison, III, Burk C. Murchison, Coke Ann Saunders and Robert F. Murchison, each own twenty percent of . Whoever did it to her may have killed her. Therefore, owning a pro football team in the hotbed of college football would mean the franchise would be average at best. Anyone can read what you share. While some Jerry detractors claim hes on drugs, Clint Murchison actually was. I decided to look into the current Murchison. She was found dead at age 47 with bruises on her body and a black eye. The legacy lives on. 1923, d. 1987)Mistress: JaneBrother: RobertSister: Coke Anne SaundersBrother: BurkeWife: Shannon (div., d. 28-Apr-2005 acute bacterial meningitis), Tecon Corporation The net worth of Nelson Bunker Hunt and his brother, W. Herbert Hunt, has suffered huge erosion, as has that of two other Texas brothers, T. Cullen and Ken Davis. The creditors declined. Among his companies was the Southern Union Company. John Sr. spearheaded the winning of the largest proxy fight in United States history at that time over control of Alleghany Corporation, which controlled over $5 billion in assets, including IDS, a large Minnesota based insurance company, and the New York Central Railroad, the largest railroad in the United States. John Sr. spent the early 1950s under the guidance of his father buying insurance companies and banks. I can't believe that coroner planted Tylenol into everyone's mind with no evidence. It's been known the past few years how bad acetaminophen is for your health. The Murchison lawyers suggested that the creditors form a committee to work with him, according to a lawyer present. It is mentioned that this can be gotten from food poisoning. Indeed, the reversals were stunning. [1] He later joined Sid W. Richardson as lease traders in the Burkburnett oilfield in 1919. I'm going to dig further, JFK Assassination Research student since 1964 The most recent stock trade was executed by Todd N Sheldon on 2 March 2023, trading 15,998 units of PHM stock currently worth $861,172. Charles English and Laura and Dennis Moon Helen and Clint Murchison III and CoCo Murchison. Dr. Barnard said the bruising of Mrs. Murchison's eye was a result from traumatic injury, but that it "played no role in her death." He assembled a management team consisting of Tex Schramm, Tom Landry and Gil Brant who lead the Cowboy's to 20-consecutive winning season including two Super Bowls. 1923, d. 1987) Mistress: Jane Brother: Robert Sister: Coke Anne Saunders Brother: Burke reputable financial institutions. The present owners purchased the historic Spanish Colonial from the Clint Murchison III family yes that Murchison, the son of the former Dallas Cowboys owner and the grandson of the legendary oilman, Clint Murchison. Murchison would [read more]build and finance the pipelines. But her death is suspicious. Through the worst months of the Great Depression, Murchison continued to sign up new customers for Southern Union, and barely 2 years after its founding he was servicing 43 cities in 6 states. She said her mother-in-law spent a million dollars a year on clothing, and this from way back. After World War II, John Sr. followed in his fathers footsteps and began his career as a banker. The circumstances of her illness and death shocked many in Highland Park . He was paying $80 million just to cover the interest rates on his bank notes. Shortly his fathers untimely death in 1979, John incorporated the Company, capitalizing the new entity with less than $3 million of equity capital. Browse 1,060,666 clint_murchison,_jr. Shannon loved vintage clothing, as I said. To preserve these articles as they originally appeared, The Times does not alter, edit or update them. There is some confusion about whom she considered her mother-in-law. The estimated Net Worth of Iii Clint W Murchison is at least $2.2 Million dollars as of 12 May 2011. This is a digitized version of an article from The Timess print archive, before the start of online publication in 1996. Other Texans spoke of the suspicious nature of her death: "Texas Journalism" from a commentator on FamilyLawCourts.com. He became a fighter pilot, flying more than 50 missions over the skies of China, North Africa and Italy. Murchison entered Henderson County Memorial Hospital earlier in the week and died at One of his sons is Clint Murchison Jr., owner of the Dallas Cowboys professional football team. Music Hunt - was a key player in the JFK assassination because of his close ties to the inner core of US intelligence (Allen Dulles, Nelson Rockefeller, John J . The meningitis was due to a strain of listeria, bacteria that can be found in food poisoning, investigators concluded. After World War II, John Sr. followed in his father's footsteps and began his career as a banker. In 1930 he became one of the earliest developers in the East Texas oil field acquiring extensive leases and building the Tyler Pipe Line to deliver crude oil to a new refinery in Tyler, Texas. Mr. Murchison is chairman of Tecon Corporation, which is engaged in private real estate development and other investment activities, and is also chairman of Bankers Trust Company of Texas, a private trust company. But on more objective analysis, he felt bankruptcy was the best route. Bobby Smith, Associate Pastor, officiating.. This happened only a short time ago. Clint Murchison, III President Tecon Corporation Rick Nagel Managing Partner Acorn Growth Companies Kyle Pittenger SVP of Talent Solutions The Pinnacle Group Bill Schonacher President and CEO IBC Bank Thurston Smith** Chief Information Officer Thomas Williams Group Vice President, Consumer Products BNSF Railway Company His grandfather, T.F. ''Every time anyone walked by him with a piece of paper, he signed it - he sure did guarantee a lot of debt,'' said a lawyer for one of the creditors, who asked that he not be named. He was nearly broke by the time he died in late March, but he could still chuckle that when he sold his yacht. In the 1970s, Clint Murchison got involved with real estate partners like Lou Farris, Jr. and Richard Baker. A couple of weeks ago, while looking up Camirillo Ranch and its ties to Dallas, I came across a company involved with the ranch. It happened so fast. She was found with 2 black eyes and other bad bruises. It says that Jane Murchison was the mother-in-law of Shannon Murchison. The former owner of the Dallas Cowboys, the local pride and joy, is today confined to a wheelchair, scarcely able to speak because of an unspecified degenerative nerve disease that his friends say has left him mentally alert but physically debilitated. I have seen footage of LBJ's girlfriend, who attended the "smoker" (as Barr McClellan called it) at Murchison's house, and I had some doubts as to her credibility. The TeCe interests of Clint III, Burk, Coke Ann and Robert are held in administrative trusts (Trusts). The Murchison family interests are extensive, varied, and interrelated in a complex chain of holding companies and trusts. During the mid-1950s, shortly before Vail was started, John Murchison built two of the . Clinton W Murchison. Through his friendship with J. Edgar Hoover he learned firsthand of Communist tactics to weaken American institutions. These two cornerstone acquisitions largely remain in the Company today. Build your customFanSided Daily email newsletter with news and analysis onDallas Cowboys and all your favorite sports teams, TV shows, and more. Kathleen CollinsNovember 17, 2010 in JFK Assassination Debate. [8], Murchison and Sid Richardson lobbied Dwight D. Eisenhower to run for President of the United States. He's the son of the Murchison who held that meeting with Johnson, Nixon, J. Edgar Hoover, and others, where they decided to assassinate the President. The most active insiders traders include Thomas J Folliard, Richard W Dreiling, and Richard J Jr Dugas. Summary of this case from NationsBank of Texas, N.A. There's not much about it on the internet, especially in the Texas newspapers. He was 63 years old. Clinton Williams "Clint" Murchison Sr. (April 11, 1895 - June 20, 1969) [1] was a noted Texas -based oil magnate and political operative. Murchison, was one of the earliest settlers to arrive in Athens and established the first bank in Henderson County in 1890. Mrs. Murchison, 47, the former wife of Clint Murchison III, was declared brain dead April 28 after a couple of days on life support. On that day, one day after being inducted into the Texas Business Hall of Fame, Mr. Murchison sold his beloved Dallas Cowboys for $60 million to pay off creditors. Last year, Forbes magazine estimated his net worth at at least $250 million ''despite cash flow, creditor problems,'' but that seems overly optimistic now. Select the best result to find their address, phone number, relatives, and public records. There were several companies, but for some reason, I chose to look up Centex Corp -- and found Clint Murchison III. Tex Schramm eulogized Clint at his funeral as the glue that held the Dallas Cowboys together. For Dallas Cowboys fans, we would have the Hunt-owned Dallas Texans and their lone Super Bowl to celebrate if not for Clint Jr.s mad desire to own an NFL team that dated back to 1952 when Clint wanted to buy the floundering Metroplex franchise. They are so toxic, these mushrooms; they kill you right away. Or, the Cowboys could be the team thats rumored to move to Los Angeles on an annual basis. Her sister claims she was bruised by a fall. Personal. She had meningitis. Mr. Murchison's lawyer, Mr. Palmer, did not return two telephone calls seeking the debtor's view of the events. John Sr. was a pillar of the Dallas community. For John Sr., Texas was no longer big enough. Clinton Williams "Clint" Murchison Sr. (April 11, 1895 - June 20, 1969) [1] was a noted Texas -based oil magnate and political operative. And right away I came across something strange. What would the mediots say if Jerry Jones was having an affair with Tom Ciscowskis wife? Instead, he sold himself as a playboy and Papa Murchison had to hire someone else to broker the homes. This was in the book "Texas in the Morning," written by LBJ's girlfriend. Five subsequent trips to the Super Bowl under their dad's ownership and nearly 44. I just re-read an article I saved. They represented the creditors of Clinton Williams Murchison Jr., who, afflicted by dozens of business deals gone sour and unable to cover the huge personal guarantees he had given to finance his projects, filed for protection under Chapter 11 of the Federal bankruptcy laws last month. The coroner said she must have taken a lot of acetaminophen -- this was to plant this into the public's awareness, in my opinion. [4], In 1920, Murchison married Anne Morris from Tyler, Texas, and they had three sons: John Dabney Murchison (September 5, 1921 June 14, 1979), Clinton Williams Murchison Jr. (September 12, 1923 March 30, 1987),[5] and Burk Yarbrough Murchison (January 26, 1925 April 15, 1936). "It is likely that she took a pretty good amount of acetaminophen.". An autopsy was ordered in part because she had reported to the police on April 19 that she had suffered a black eye and extensive bruising. Clint Murchison Jr. was an entrepreneur, businessman and risk-taking founder of the successful Dallas Cowboys football franchise. The training (generally abysmal) and the preexisting roles that coroners played left a lot to be desired. Following the death of T.F. And: 2. ''Considering the amounts involved, I am surprised the creditors are not more hostile to him,'' said George McElreath, the Federal bankruptcy trustee who ran today's meeting. In the mid-1970s, Clint became addicted to borrowing money. The Company has established itself as a leading operating entity in its areas of operation. Yes, from a different perspective, : the mother of the black misssissippi three insisted on an independent coroners report. Presently employed as a Senior Staff Nuclear Medicine Technologist and Bone Densitometry Technologist at Santa Monica-UCLA Medical Center and Orthopaedic Hospital since July 2006. Murchison also acquired holdings in the Kirby Petroleum Company. The task of identifying Mr. Murchison's ''obscure, fanstastic and phantasmagorical'' assets, as his lawyer, Philip I. Palmer, put it, promises to be a Texas-sized one. Still others cite Mr. Murchison's highly leveraged, high-risk operating style. Clinton Williams Murchison, Jr., businessman, was born in Dallas, Texas, on September 12, 1923, the son of Anne (Morris) and Clinton Williams Murchison, Sr., both of Tyler. [10] According to Brown, Johnson had a meeting with several of the men after which he told her: After tomorrow, those goddamn Kennedys will never embarrass me again. In Murchison, Fireman's Fund filed suit against Clint W. Murchison, III and Clint W. Murchison, Jr. as trustees for various Murchison family trusts, seeking indemnity for claims paid on construction bonds. "She supported George W. Bush for president in 2000, donating $5,000 from Tecon Corp --", "Did Shannon know about her father-in-law's connection to the Kennedy Assassination?". All picks and predictions are suggestions only. The 26-acre estate, completed in 1963, is said to be on the block for about $10 million. If you or someone you know has a gambling problem, call 1-800-GAMBLER. Basically she became an invalid. Murchisons [read more]instinctive mastery of banking and lending practices translated easily into an understanding of the new business of oil and gas exploration. ''They do not blame him for stealing their money. Clint Murchison held the meeting in his house in or near Dallas. Maybe he had death threats. And then a guess for the press -- Tylenol! The fact the Dallas Cowboys arent playing in Baltimore, Charlotte, Houston, or Los Angeles after Clint Murchisons inadvisable actions is a testament to the current ownership. [1], Murchison worked in his father's bank before serving in the United States Army during World War I. The largest trade Iii's ever made was exercising 13,271 units of Pulte Inc stock on 12 May 2011 worth over $712,653. Mr. Murchison, who had been debilitated. Other bruising could have occurred because her blood clotting ability was impaired by her illness and liver failure, he said.". build and finance the pipelines. [1], Murchison was also a cattle rancher with extensive ranches in Mexico[4] and East Texas. This isnt a hit piece on Murchison, nor do I have any vendetta against the man. Shannon died a mysterious death. MURCHISON, Anne Ferrell Anne Ferrell Murchison of Norman, Oklahoma, passed away on January 21, 2016, at the Grace Living Center in Norman, Oklahoma, at 75 years. It was a perversion of his fathers advice: If you are going to owe money, owe more than you can pay, then the lenders cant afford to foreclose. As a successful economic policy or a business model is debatable, but it is incontrovertible that this is a failed philosophy when not backed by stable investing. Along those lines. I sounds like one of the Murchison women shopped like Imelda Marcos and Robert Mugabe's wife. The first of its kind in the NFL, it was originally intended to be part of a 160-acre mixed use development. Contents 1 Personal 2 Political involvement 3 Adding to Atlantic Life, a $71 million insurer Clint Sr. had acquired in 1941, John acquired Lamar Life of Mississippi, then Life and Casualty Insurance of Tennessee. Hence, why they never ask the question: if hes such a great owner, why did he ever have to sell the team? and began to find oil in significant commercial quantities at a time when other oilmen depended on luck. The elder Murchison built a fortune with his boyhood friend, Sid Richardson, who built the still-intact interests controlled by his great- nephews, the Bass brothers of Fort Worth. Even after selling the team in 1983, the lawsuits against Clint were just over $75 million and would not relent. But for unstinting loyalty, no one can touch Shannon Murchison, who met the Hall family at a baby shower a decade ago and has been close to them ever since (in July 1997 she and her husband, Clint . The foreclosure sale left Mr. Murchison personally liable for much of the $23.75 million left unpaid. Dont get me wrong. Murchison hired talented geologists, engineers and scientists [read more] "The liver failure was very dramatic," said chief medical examiner Jeffrey Barnard. Shannon inherited her mother-in-law's entire wardrobe. In the late 1950's, Clint Sr. was one of the richest. The usual mundane aspects. Take a look at her age, and the fact that she's a Bush supporter, which leads me to believe that she probably bought the Warren Commission Lie hook, line, and sinker. ''They just said, 'We don't know what we're going to do.' Thats a promise.[10][nb 1] Brown's story received national attention and became part of at least a dozen John F. Kennedy assassination conspiracy theories. The degenerative nerve disease really was the end for him, and it forced him to sell the Dallas Cowboys for $63 million and Texas Stadium for $20 million to pay off his debts and treat his condition. The circumstances of her illness and death shocked many in Highland . Clint W. Murchison III Born: c. 1947 Gender: Male Race or Ethnicity: White Sexual orientation: Straight Occupation: Business Nationality: United States Executive summary: Murchison scion Father: Clint W. Murchison, Jr. (founder of the Dallas Cowboys, b. The bank foreclosed on Jan. 22 on the failed project. Perhaps John Murchison, Jr. or one of the other Murchison kids would have owned the team and so many jingoistic fans would be able to sleep at night because a Texan owned the team. Many familiar with the case trace the Murchison problems to several key events since the death of Clint Sr. in 1969. v. Akin, Gump, Strauss, Hauer & Feld, L.L.P. Vernon Elwood West Operators overheard her saying Kennedy was going to be killed at 10:10 PT. Acetaminiphen is present in many products other than Tylenol. I would like to read some more about the soiree. During the early 1930s, he became involved in a fierce battle over oil proration. Now his alleged activity in the Upstate is being investigated. 52) Off My Chest by Jim Brown with Myron Cope . Instead, Murchison wanted a state of the art stadium, modeled after some European soccer venues, and then sold most of the $50,000 suites to corporations. ''Clint's health had an awful lot to do with the whole can of worms,'' said Charles Johnston, chairman of First Federal Savings in Little Rock. Company, J.D. Parents. They acquired life insurance companies, banks, bus lines, railroads, publishing firms, heavy industrial building materials companies and other leisure-themed companies. He kept telling her to take off her sunglasses. Trouble began after John's death in an auto accident in 1979, which forced the dissolution of his partnership with Clint. Hunt. The 11/21/63 meeting at Clint Murchison's house has intrigued me for quite some time. Liver toxicity is a side effect of acetaminophen, but I would think that you would have to take a ridiculous amount of it to cause death. An autopsy was ordered in part because she had reported to police on April 19 that she had suffered a black eye and extensive bruising. They started the Dallas Cowboys football franchise and built Cowboys' Stadium. John Murchison didnt find out about Clints borrowing addiction, which got so bad he had to borrow money to pay existing debts, until the late 1970s. Directory of Profiled Business People: Clint Murchison Muraoka, Etsuko - Murtada, Leo > Murchie, Candace - Murchison, Parker > Murchison, Cindy - Murchison, Colin > Murchison, Clint 5 Contacts Iii Murchison owns over 13,271 units of Pulte Inc stock worth over $2,201,270 and over the last 14 years Iii sold PHM stock worth over $0. Could someone have been poisoning her over a period of time? For John Sr., Texas was no longer big enough. [hide], In 1985, John began an aggressive program of acquisitions for the Company. Her sister said she died from a fall and nothing else. Nuclear Medicine Technologist since 1976 However, Murchisons playboy lifestyle didnt stop when he owned the Dallas Cowboys, even though Clint had found a profession that finally interested him. Latest Headlines Odd News . In the late 1950s, Clint Sr. was one of the richest Americans, right there with Edsel Ford and all of the Rockefeller boys. Most recently Iii exercised 13,271 units of PHM stock worth $712,653 on 12 May 2011. B: Jacksonville, Tx. The phone company called the FBI. Clint W. Jr. & John D Murchison Credit: The Denver Post Dallas Women Visit National Jewish Mrs. Ben K. Miller, left, president of the Denver Women's Committee of National Jewish Hospital, welcomes Mrs.. Clint Murchison nearly wrecked the Dallas Cowboys more than some fantasize Jerry Jones is doing now. An autopsy was ordered due to extensive bruising on her body and black eyes, suffered, supposedly, in a previous fall. At some point, Clint Murchison III, son of the founder of the Dallas Cowboys, acquired Lincoln Park, according to the Dallas Business Journal. P.A.T.H. Preceded by parents: V. E. 'Chick' West and Betty LaRue West. . of the Company. He was an in-house real estate broker whose responsibilities included locating and contracting for real estate in the Dallas/Fort Worth area. worked at some of Europes most The Man Who Was Texas. In 1990, the creditors' claims were settled . He was also the father of Dallas Cowboys owner Clint Murchison Jr.[2], Murchison, the third child of John Weldon and Clara Lee Murchison, was born April 11, 1895, in Tyler, Texas. Submit a correction or make a comment about this profile, Submit a correction or make a comment about this profile. Dallas banks presumed that because Clint owned them, he would always be good for a payment when the time came; they were lax in forcing Clint to pay up. Married and divorced from Clint Murchison III. In 1965, 1966 & 1967, the Texas Longhorns unde. He couldn't get out of there fast enough. And, if you can come up with a reasonable document or report of the autopsy, that would help a great deal. You will be able to leave a comment after signing in, A couple of weeks ago, while looking up Camirillo Ranch and its ties to Dallas, I came across a company involved with the ranch. And Shannon inherited all of Jane's vintage clothing. An autopsy was ordered in part because she had reported to police on April 19 that she had suffered a black eye and extensive bruising. [3], During World War I, Murchison served as a first lieutenant in the United States Army. In the mid-1980s, he sold it to the Parkers, who were . [7], Murchison was an ardent believer in states' rights and constitutional rights. The number of people who had a death certificate saying dead of heart failure who were in fact shot is legion. The home has seven bedrooms, seven bathrooms and two half-bathrooms and has been renovated,. MURCHISON as "Clint ". In 1981, John's son, John Jr., sued Clint for mismanagement of the assets. A son of Clint Murchison Sr., who made his first fortune in oil exploration and became notorious for exploiting the sale of "hot oil", Clint and his surviving brother inherited their father's .