The Magnolia building is one of the most striking buildings in Dallas. In 1934, the Magnolia Petroleum Company, predecessor to Mobil Oil, erected a large oil derrick on the roof that supported two red neon signs in the image of Pegasus, the flying red horse. Mobil, now part of the Exxon Mobil Corp., still uses the logo today. Mobil moved in with Exxon in Irving, but Pegasus still soars over downtown. The downtown office of our largest customer provided me with a great view of this Dallas landmark.
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