Buffalo Evening News
April 29, 1960

Ashland Oil Bids $51,340 for
Land Of AEC on River Rd.


The Ashland Oil & Refining 
Co., which operates the big 
Frontier Oil Refinery on River 
Rd., Town of Tonawanda, today 
submitted a high bid for the 
purchase of ten acres of 
Government-owned land that 
adjoins the refinery.

Ashland Oil's bid of $51,340
topped two other bids for the 
vacant land, which has been 
owned by the Atomic Energy 
Commission and used for 
storage of non-radioactive 
materials.  The bids were made 
to the General Services 
Administration's regional office 
in New York City, which now will 
submit the offers to the GSA in 
Washington for action.

A Frontier Oil Refining 
executive said that if Ashland is 
successful in acquiring the 
property, it is expected to be 
used for the construction of 
additional storage tanks for 
petroleum products .  
Acquisition of this property, he 
added, "will fill out our present 
refinery-location property along 
River Rd."

The ten acres adjoins the 
refinery on the northeast.
Albert L. Wilson, chief of the 
GSA's Real Estate Disposal 
Branch in New York, told the 
Buffalo Evening News by 
telephone that a bid of $5100 
was submitted for the property 
by Maynard C. Schaus, Crosby 
Bldg., Buffalo, and an offer of 
$1030 was made by L. S. 
Golden, New York City.

This is the second former AEC 
property in the Buffalo area to 
be put up for sale by the GSA in 
the past two weeks.  The Allan 
Herschell Co. of North 
Tonawanda on April 15 
submitted a high bid of 
$312,000 for the former AEC 
plant building, adjoining the old 
ACF Industries plant at Clinton 
and Babcock Sts.  Mr. Wilson 
said he still is awaiting word 
from Washington on this matter.

RETURN TO

Home

Fundamentals

Library

Communications

 News

HOME

FUNDAMENTALS

LIBRARY

COMMUNICATIONS

NEWS