(2 of 2)
Died. Waite Phillips, 81, Oklahoma oil millionaire and philanthropist, brother of the two founders of Phillips Petroleum Co., who himself struck it rich wheeling and dealing in oil properties during World War I, formed his own Waite Phillips Co. that he sold in 1925 for an estimated $40 million, branched into office buildings, ranching and banks (cofounder of Tulsa's largest, the First National Bank and Trust), then gave his 127,000-acre ranch Philmont and Tulsa's 23-story Philtower to the Boy Scouts, donated most of his other real estate to worthy causes, and retired in 1945 to California; in Bel Air.