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We take pleasure in announcing the merger with Haskins & Sells, effective January 8, of the prominent Southwest firm of W. O. Ligon & Company of Tulsa and Fort Worth. William O. Ligon, Jr. founded the firm in Tulsa in 1917. A member of the first Oklahoma State Board of Accountancy, he was one of the early leaders of the profession in the Southwest until his death in 1928. His three surviving partners, the last of whom died in 1948, carried on the practice, which in those days numbered well-known oil and gas companies among its clientele. Of its present five partners, only Virgil S. Tilly, who came with the firm in 1926, knew the founder. By 1936, when Mr. Tilly was invited to the partnership, the country was in the depths of the Depression, and he recalls that "our business was almost at a standstill." Since World War II the practice has expanded at a most satisfactory rate, due largely to the efforts of the present organization. The partners are all active in professional and civic affairs. E. C. Leonard, who became a general partner in 1949, is a vice president of the American Institute of CPAs, as Virgil Tilly was before him. Both have been concerned with the development of accounting principles, Mr. Tilly as a member of the former Committee on Accounting Procedure and Mr. Leonard as chairman of a subcommittee of the Executive Committee to screen nominees for the Accounting Principles Board. Mr. Tilly served twenty years ago as president of the Oklahoma Society of CPAs, and Mr. Leonard is now the president-elect. Mr. Tilly has also been president of the Tulsa Community Chest and other welfare agencies, the Tulsa Club, and was appointed by the Governor of Oklahoma as State Chairman for the Committee for the United Nations. The three younger partners, Ralph D. Bowen, Claude T. Scott, who is in charge of the Fort Worth Office, and Virgil S. Tilly, Jr., were all admitted to general partnership in January 1963. They are also active in professional and community affairs. Virgil Tilly, Jr., for example, is General Campaign Chairman of the Tulsa Community Chest and vice president of both the Tulsa CPA chapter and the Chamber of Commerce. Ralph Bowen was a 27-year-old lieutenant colonel when World War II ended. Mr. Tilly writes that from the beginning in 1917, the partners and staff of W. O. Ligon & Company have believed that "the practice of public accountancy fills a great need, one without which our economy could not have grown and reached its great size, and its practitioners must be of the highest type in integrity, training, capabilities, attitude and professional independence." To the partners and staff of a firm with goals and outlook so compatible with our own, we extend a cordial welcome to Haskins & Sells. Commemorating the merger of their practices, partners dine together in Tulsa: (from left) Presley S. Ford, Jr., partner-in-charge of H&S Tulsa, with Messrs. Leonard, Queenan, Scott, Bowen, and Tilly, Jr. Virgil S. Tilly, Sr. was unable to attend. 9 Cooppyrighted -- License through Black Star
Object Description
Title |
Merger with W. O. Ligon & Company |
Author |
Anonymous |
Contributor |
Cobb, Dick |
Subject |
W. O. Ligon & Co. |
Personal Name |
Ligon, William O. Tilly, Virgil S. Leonard, E. C. Bowen, Ralph D. Scott, Claude T. Ford, Presley S. Queenan, John W. |
Portrait |
Tilly, Virgil S. Leonard, E. C. Bowen, Ralph D. Scott, Claude T. Ford, Presley S. Queenan, John W. |
Office/Department |
Haskins & Sells. Tulsa Office |
Citation |
H&S Reports, Vol. 04, (1967 winter), p. 09 |
Date-Issued | 1967 |
Source | Originally published by: Haskins & Sells |
Rights | Copyright and permission to republish held by: Deloitte; Photograph by Dick Cobb, Black Star; |
Format | PDF page image with corrected OCR scanned at 400 dpi |
Collection | Deloitte Digital Collection |
Digital Publisher | University of Mississippi Library. Accounting Collection |
Date-Digitally Created | 2010 |
Language | eng |
Identifier | HSReports_1967_Winter-p9w |