OIL: Exit Rieber

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This week the Texas Corp. directors had to face a further decision: whether to sever Director Rieber from the company completely by taking away his directorship. For the rank & file of Texas Corp. employes, that question was academic. They knew it would be a cold day before they could forget the greying, generous, powerfully built man who slapped them on the back and said: "This is the best God damn company in the world"; who built the famed Barco pipeline in Colombia after they said it couldn't be done; who once exclaimed: "Hell, if they wanted to move the Chrysler Building to Colombia, we'd do it—if they'd pay us for it." And around Manhattan's 52nd Street, habitues of "21" wondered what the club would be like without the old salt and his stories.

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