Monday, March 12, 2018

AMERICA'S YOUNGEST BLACK MILLIONAIRE WAS 12 YEARS OLD

Feeling Rebloggy
Born in Indian Territory on March 3, 1902, to Joseph and Rose Rector, Sarah Rector received a land allotment like all those who were members of the Creek Nation when Oklahoma became a state in 1907. 
Sarah’s family was entitled to land allotments under the Treaty of 1866 made by the United States with the Five Civilized Tribes. However, these lands granted to former slaves were usually considered inferior, infertile, rocky lands of poorer agricultural quality, with fertile land being reserved for white settlers.... 
[Legally unable to sell the land like he wanted to, her father eventually] decided that it would be best to lease Sarah’s parcel to the Standard Oil Company. As it turned out, he made the right decision, and in 1913, independent oil driller B.B. Jones, produced a “gusher” that brought in 2500 barrels a day. 

~Vintage News

Read More:
https://www.thevintagenews.com/2017/04/14/12-year-old-oil-baron-the-story-of-sarah-rector-americas-youngest-african-american-millionaire/ 

BLACKCHICKROCKED.BLOGSPOT.COM 

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