Herbert L. Pratt

Herbert Lee Pratt (November 21, 1871 – February 3, 1945) was an American businessman and a leading figure in the United States oil industry.

On June 1, 1923, he was elected to replace Henry Clay Folger as head of Standard Oil Company of New York, also known as Socony (which eventually became known as Mobil).

[5] In 1931, when Socony merged with the Vacuum Oil Company, Pratt was elected chairman of the board of the new Socony-Vacuum Corporation, which had capital of $1,000,000,000.

In 1936, a year after his wife's death, he sold 1027 Fifth Avenue to the Marymount School, who had owned Mrs. Twombly's home since 1926, and combined the building with its neighbors but preserved all the exteriors and much of the interiors.

[26] His country estate, "The Braes", in Glen Cove, Long Island, was built in 1912–14 and designed by James Brite in the neo-Jacobean style.

[27] In 1910, Pratt bought the 9,000-acre (36 km2) Good Hope plantation and hunting lodge in South Carolina (about five miles (8 km) from Ridgeland) from Harry B. Hollins, also of Long Island.

[4] For several years, the Pratt family leased Yester, an old castle on the Moors in East Lothian, Scotland for the shooting season.

[1] Pratt also spent summer months at his Japanese themed "camp," Pine Tree Point, on Upper St. Regis Lake in the Adirondacks, which he purchased from Frederick William Vanderbilt in the early 1900s.

[29] When Rotherwas Court, Herefordshire, England, was dismantled and auctioned in 1913, Pratt purchased the dining room for his neo-Jacobean mansion "The Braes," then under construction as a country estate in Glen Cove.

His bequest to Amherst College included the Rotherwas Room and more than 80 American portraits and miniatures, as well as an extensive collection of decorative arts.

Pratt on the cover of Time magazine
"The Braes", now Stevenson Taylor Hall, Webb Institute , Glen Cove, New York (c. 2001)
1027 Fifth Avenue (center).