(1902 - 1967)
Sarah Rector became a millionaire at a very young age!
Ms. Rector and her family had Creek Indian heritage and all received land grants from the Dawes Allotment Act shortly before Oklahoma became a state. Sarah got 160 acres that her father leased to the Devonian Oil Company in order to raised money to pay the $30 annual tax bill. Oil was struck and what started out as $300 a month income from the oil, became over $11,000 a month!!
By age 18, Ms. Rector owned stocks & bonds, a boarding house, a bakery, a cafe, and 2000 acres of good land.
As with anyone who comes into a lot of money there was misinformation, legal and financial struggle and of course the moochers.
While the Rector's were well-educated, lived in a modern home and owned an automobile, some claimed they were ignorant and wore rags and her estate was being mis-managed and squandered.
Ms. Rector married twice and had 3 sons. She passed away at age 65.