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that trust funds would be set up for each of his children in equal amounts after the payment of estate taxes, Mellon directed that $ 100,000 be given to the husband of his daughter, Rachel, and also arranged for $ 75,000 to be distributed among staff who were employed personally by Mellon at the time of his death. By the time that Mellon's $ 23,186,736 estate was finally settled during the summer of 1954, his four children were awarded just $ 246,317 each because the estate's final value had been reduced to $ 6,149,922 net, following the payment of taxes and estate administration costs.
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Following Mellon's death, his children were mentioned repeatedly in multiple newspapers across the United States, in both reports about his death and in reports of the probate of his multi-million-dollar estate, which was ultimately divided equally between the four children. In addition to ensuring
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as a "sleek black yacht." During one of his trips on the yacht in 1913, he engaged in alligator hunting. The yacht later became a subject of frequent news reports when
William's uncle Andrew W. Mellon and family began using it while Andrew was serving as the U.S. Secretary of the Treasury.
478:
412:
Pre-deceased by his wife, Mary (Taylor) Mellon, William L. Mellon, Sr. died at home at the age of 81 at 2:00 p.m. on
Saturday, October 9, 1949. Funeral services were held at his family's home on Darlington Road in Pittsburgh. He was interred in the
340:, Texas after oil was discovered there in 1901, Mellon resumed his interest in the oil industry in 1902 when he was sent to Texas by the family to investigate why that well had begun to decline. He then took on a progressively larger role in management.
403:
In 1997, the W.L. Mellon
Society was established in Mellon's honor within the Tepper School of Business at Carnegie Mellon University. Its mission is to encourage both individual and corporate matching gift donations to support the school's operations.
387:
In 1939, William L. Mellon Sr. established The W. L. and May T. Mellon
Foundation. Ten years later, in 1949, Mellon donated six million dollars to establish the graduate school of industrial administration at the
359:
hearings about potential political corruption. Known at the time as the Borah
Committee hearings, these sessions were held to investigate expenditures of more than $ 3,451,000 that had allegedly been made by the
1151:
351:; it was shipping Oklahoma crude oil to port by September. Gulf Oil expanded steadily thereafter, becoming one of the largest oil companies in the United States. William L. Mellon later became involved in
895:
G.O.P Expenditures Exceed $ 3,451,000: Frank P. Walsh Calls
Attention To Figures At Hearing Before Borah Committee, W. L. Mellon, Nephew of Secretary, Tells of Amounts Contributed in Pittsburgh District
706:
Pittsburghers' Yachts Sail In 'Picnic Cruise': Annual 'Glorified Outing' to
Cocolobo Island, Near Miami, To Find W. L. Mellon's Vagabondia and Craft of Dr. O. M. Edwards, Jr., in Flotilla
628:
47:
325:, but he switched his business interests to the construction and operation of railway systems before the end of the decade when his nascent oil company was bought out by
251:
Born as
William Larimer Mellon in Pittsburgh on June 1, 1868, William L. Mellon was a son of James Ross Mellon and Rachel Larimer. His father was the second son of Judge
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to influence voter opinions regarding various issues being debated at the federal level. Mellon subsequently served as chairman of the
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Winslow Homer's "Breezing Up (A Fair Wind)" was a Gift to the
National Gallery of Art by the W. L. and May T. Mellon Foundation
1099:
1082:
675:
803:
786:
769:
739:
722:
705:
443:
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881:
961:." Pittsburgh, Pennsylvania: Tepper School of Business, Carnegie Mellon University, retrieved online December 4, 2022.
397:
290:
189:
31:
876:
239:, "Politically, Mellon was known as the 'field marshal' for the Mellon political forces in the days preceding the
343:
In
January 1907, Mellon helped established the Gulf Oil Corporation, which proceeded to build a pipeline from
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269:, who deeply influenced him, William L. Mellon married Mary Hill Taylor. They had four children:
17:
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politics. During the fall of 1924, his name was in the news frequently as he testified during
692:
1083:
W. L. Mellon Estate Left to Children: Four to Get Bulk of Big Fortune Not Estimated in Will
652:." Pittsburgh, Pennsylvania: The Pittsburgh Foundation, retrieved online December 4, 2022.
294:
336:
Still involved in railway construction when the Mellon family invested in an oil well in
1100:
W. L. Mellon Estate Given Final Division: Almost Million Held In Trust For Four Children
853:. Austin, Texas: Texas State Historical Association, retrieved online December 4, 2022.
636:
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266:
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225:
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135:
281:(1899-2006), a philanthropist who became the longest serving board member of the
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229:
131:
787:
Mellon Continues Trip: Yacht Leaves Porto Rico with Secretary's Family Aboard
695:." Toledo, Ohio: The University of Toledo, retrieved online December 4, 2022.
317:
During the 1880s, William L. Mellon developed an interest in the burgeoning
942:
Fund to Endow New School, Erect Building: Course Only One of Kind in U.S.
693:
Global Medical Missions Hall of Fame: 2005 Inductees and Award Recipients
344:
240:
221:
635:, March 3, 2006 (cached version of obituary, retrieved online in 2007:
304:, which was described by multiple news outlets as a "houseboat" and by
1123:." Pittsburgh, Pennsylvania: The Historical Dilettante, May 28, 2015.
723:
W. L. Mellon's New Power Houseboat: The Vagabondia Has Been Launched
629:
Obituary: Rachel Mellon Walton/Longtime volunteer and philanthropist
983:"William L. Mellon, 81, Retired Chairman of Gulf Oil Corp., Dies,"
910:
William L. Mellon, 81, Retired Chairman of Gulf Oil Corp., Dies,"
862:
William L. Mellon, 81, Retired Chairman of Gulf Oil Corp., Dies,"
819:
William L. Mellon, 81, Retired Chairman of Gulf Oil Corp., Dies,"
580:
William L. Mellon, 81, Retired Chairman of Gulf Oil Corp., Dies,"
378:
273:, PhD (1897-1992), who was an American Studies professor at the
501:
William L. Mellon, 81, Retired Chairman of Gulf Oil Corp., Dies
518:"W.L. Mellon, Last Of Family's Generation, Dies In Pittsburgh"
1121:
Quiet, pleasant and self-possessed: Sarah Jane Negley Mellon
444:"$ 596,405 for Vare Brings the Primary Total to $ 1,837,700"
255:, and his mother was a daughter of railroad and land baron
212:(June 1, 1868 – October 9, 1949), sometimes referred to as
925:
6 Million Gift by W. L. Mellon Launches New School of Tech
729:, September 29, 1916, front page (subscription required).
1152:
Chairs of the Republican State Committee of Pennsylvania
948:, January 17, 1949, front page (subscription required).
931:, January 17, 1949, front page (subscription required).
901:, October 19, 1924, front page (subscription required).
300:
During the early 1900s, William Mellon purchased the
637:
https://old.post-gazette.com/pg/06063/665068-122.stm
691:"William Larimer Mellon Jr., MD (Posthumous)," in "
665:." Tarentum, Pennsylvania: TribLive, March 4, 2006.
601:, May 21, 1936, front page (subscription required).
195:
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1089:, October 12, 1949, p. 15 (subscription required).
1055:, October 13, 1949, p. 15 (subscription required).
793:: December 24, 1929, p. 9 (subscription required).
776:, February 22, 1908, p. 8 (subscription required).
746:, December 15, 1916, p. 8 (subscription required).
597:" (article with photo). Pittsburgh, Pennsylvania:
1038:, October 14, 1949, p. 8 (subscription required).
1021:, October 9, 1949, p. 38 (subscription required).
1004:, October 9, 1949, p. 46 (subscription required).
571:, October 9, 1949, p. 26 (subscription required).
507:, October 9, 1949, p. 32 (subscription required).
836:, October 9, 1949, p. 6 (subscription required).
810:, August 11, 1922, p. 7 (subscription required).
618:, August 30, 1931, p. 2 (subscription required).
554:, October 9, 1949, p. 6 (subscription required).
216:, was an American businessman who was active in
1072:, October 12, 1949, p. (subscription required).
740:Palatial Are The Appointments Of New Vagabondia
712:, March 8, 1934, p. 22 (subscription required).
1106:, July 7, 1954, p. 13 (subscription required).
804:Vagabondia Is Secretary Mellon's Week End Home
8:
1017:" (death notice). Pittsburgh, Pennsylvania:
1000:" (death notice). Pittsburgh, Pennsylvania:
297:who established a medical mission in Haiti.
261:After spending part of his childhood in the
970:"W. L. Mellon, Oil Leader, Is Dead at 81,"
832:"W. L. Mellon, Oil Leader, Is Dead at 81,"
366:Republican State Committee of Pennsylvania
69:Republican State Committee of Pennsylvania
46:
35:
806:" (photo with caption). Caddo, Oklahoma:
676:W. L. Mellon, Humanitarian, Is Dead at 79
548:W. L. Mellon, Oil Leader, Is Dead at 81.
1162:American people of Scotch-Irish descent
1147:American energy industry businesspeople
435:
1049:Mellon's Estate Goes To Four Children
469:Armstrong, Robert B. (May 12, 1928).
81:June 15, 1926 – May 12, 1928
7:
1119:Morris, Sue. The Mellon Family, in "
1172:Carnegie Mellon University trustees
755:"Wm. L. Mellon, Financier, Dies," T
224:, he was a member of the prominent
1066:Children to Share Estate of Mellon
394:David A. Tepper School of Business
392:in Pittsburgh, which is today the
371:He retired from Gulf Oil in 1948.
293:, MD (1910-1989), a physician and
25:
524:. October 9, 1949. Archived from
18:William Larimer Mellon Fellowship
1032:Obituary: William Larimer Mellon
390:Carnegie Institute of Technology
27:American businessman (1868–1949)
1068:." Philadelphia, Pennsylvania:
727:The Palatka News and Advertiser
614:." Philadelphia, Pennsylvania:
877:Oilman Mellon Struck It Bigger
565:Wm. L. Mellon, Financier, Dies
1:
1102:." Pittsburgh, Pennsylvania:
1085:." Pittsburgh, Pennsylvania:
927:." Pittsburgh, Pennsylvania:
708:." Pittsburgh, Pennsylvania:
631:." Pittsburgh, Pennsylvania:
471:"Mellon to Get Keystone Vote"
313:Business and political career
283:Pittsburgh Symphony Orchestra
1177:Burials at Homewood Cemetery
944:" Pittsburgh, Pennsylvania:
408:Death, funeral and interment
1034:." Ligonier, Pennsylvania:
663:Woman leaves legacy of care
1193:
1051:." Berwick, Pennsylvania:
789:." Indianapolis, Indiana:
398:Carnegie Mellon University
291:William Larimer Mellon Jr.
247:Formative years and family
220:politics. A co-founder of
210:William Larimer Mellon Sr.
190:William Larimer Mellon Jr.
40:William Larimer Mellon Sr.
32:William Larimer Mellon Jr.
29:
1070:The Philadelphia Inquirer
882:Investor's Business Daily
774:Miami Morning News-Record
650:Rachel Mellon Walton Fund
616:The Philadelphia Inquirer
287:Margaret Mellon Hitchcock
203:
186:Margaret Mellon Hitchcock
109:
74:
62:
45:
1167:Pennsylvania Republicans
1019:Pittsburgh Sun-Telegraph
972:Fort Worth Star-Telegram
929:Pittsburgh Sun-Telegraph
897:." Baltimore, Maryland:
834:Fort Worth Star-Telegram
599:Pittsburgh Sun-Telegraph
552:Fort Worth Star-Telegram
421:Resolution of his estate
151:Pittsburgh, Pennsylvania
1104:Pittsburgh Post-Gazette
1087:Pittsburgh Post-Gazette
959:The W.L. Mellon Society
678:." New York, New York:
633:Pittsburgh Post-Gazette
375:Philanthropy and legacy
271:Matthew Taylor Mellon I
178:Matthew Taylor Mellon I
54:congressional committee
30:For the physician, see
791:The Indianapolis Times
384:
275:University of Freiburg
725:." Palatka, Florida:
550:" Fort Worth, Texas:
503:." Washington, D.C.:
382:
1002:The Pittsburgh Press
946:The Pittsburgh Press
847:Gulf Oil Corporation
710:The Pittsburgh Press
595:Dr. Mellon Lauds Zep
357:United States Senate
279:Rachel Mellon Walton
182:Rachel Mellon Walton
772:." Miami, Florida:
759:, October 19, 1949.
742:." Miami, Florida:
612:M. T. Mellon To Wed
567:." Miami, Florida:
528:on January 31, 2013
368:from 1926 to 1928.
327:John D. Rockefeller
277:from 1928 to 1939;
257:William Larimer Jr.
1053:Berwick Enterprise
987:, October 9, 1949.
974:, October 9, 1949.
914:, October 9, 1949.
866:, October 9, 1949.
823:, October 9, 1949.
680:The New York Times
627:Pitz, Marylynne. "
584:, October 9, 1949.
448:The New York Times
385:
349:Port Arthur, Texas
319:petroleum industry
1036:The Ligonier Echo
899:The Baltimore Sun
851:Handbook of Texas
682:, August 5, 1989.
481:on April 12, 2012
475:Los Angeles Times
415:Homewood Cemetery
289:(1901-1998), and
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362:Republican Party
353:Republican Party
232:, Pennsylvania.
218:Republican Party
169:Mary Hill Taylor
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114:Personal details
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67:Chairman of the
52:Mellon before a
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530:. Retrieved
526:the original
521:
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505:Evening Star
504:
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483:. Retrieved
479:the original
474:
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452:. Retrieved
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335:
331:Standard Oil
323:Pennsylvania
316:
305:
301:
299:
295:humanitarian
260:
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147:(1949-10-09)
136:Pennsylvania
129:June 1, 1868
99:Succeeded by
76:
1142:1949 deaths
1137:1868 births
199:Businessman
92:Harry Baker
87:Preceded by
1131:Categories
532:January 9,
485:January 9,
454:January 9,
430:References
338:Spindletop
302:Vagabondia
230:Pittsburgh
196:Occupation
160:Republican
132:Pittsburgh
125:1868-06-01
333:in 1895.
77:In office
345:Oklahoma
241:New Deal
222:Gulf Oil
174:Children
522:The Sun
1015:Mellon
998:Mellon
849:," in
166:Spouse
214:W. L.
534:2012
487:2012
456:2012
263:West
142:Died
119:Born
879:,"
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127:)
123:(
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
