Klan violence transferred valuable land and its oil wealth to white corporations

Evidence

BACK TO NOTE REFERENCE 76 “In 1938, the court ruled the company [Masonite] had clear title to the land, which has since yielded millions of dollars in natural gas, timber and oil, according to state records. From the few property records that survived the fire, the AP was able to document that at least 204.5 of those acres had been acquired by Masonite after black owners were driven off by the Klan. At least 850,000 barrels of oil have been pumped from this property, according to state records. Today, the land is owned by International Paper, which acquired Masonite in 1988.” — Dorothy A. Brown, Getting to Reparations, 933

Categorization

  • SHARE: This specific Masonite oil figure — 850,000 barrels from land seized after black owners were driven off — is exactly the kind of concrete number a reparations-defending lawyer wants in the brief.
  • ADDENDUM: This is a concrete instance of historical land seizure fueling corporate wealth — the kind of hidden-history/accounting evidence that supports the reparations-as-accounting thesis.
  • XREF: connects to: Hydrocarbon wealth accrues to whites while climate risks fall on poor brown nations — Rob Nixon, Slow Violence and the Environmentalism…, 811