January 22, 2017 1:34 AM ET

Specialty Retail

Company Overview of B & M Oil Company, Inc.

Company Overview

B & M Oil Company, Inc. owns and operates petroleum bulk stations. The company was founded in 1969 and is based in Tulsa, Oklahoma.

5731 South 49th West Avenue

Tulsa, OK 74017

United States

Founded in 1969

Phone:

918-445-0725

Fax:

918-445-2398

Key Executives for B & M Oil Company, Inc.

B & M Oil Company, Inc. does not have any Key Executives recorded.

B & M Oil Company, Inc. Key Developments

Musgrove Trust Sues B&M Oil Co. Inc, Alleges Mismanagement

H. Len Musgrove Jr. and Richard E. Musgrove, co-trustees of the 2014 Musgrove Family Business Trust, filed a lawsuit in Tulsa County District Court against James R. Beavers and B&M Oil Co. Inc. The 15-page dispute between business partners landed in District Court of Tulsa County on Feb. 18, 2015. Beavers's actions to strengthen his grip on power within the company are wasting corporate assets. In effect, Beavers treats B&M as his personal, wholly owned company, operated solely for his perceived personal benefit, the plaintiffs said in the petition. The Musgrove Trust asked Tulsa County District Court Judge Daman Cantrell to either liquidate B&M Oil or require Beavers to buy out its minority interest in the company. No dollar value was listed in the petition against the privately held company. Court records indicated the plaintiffs are seeking in excess of $10,000 in damages.

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