Frank Sharp
Encyclopedia
Frank Wesley Sharp was a land developer in Houston, Texas
, United States
who was responsible for creating several large post-World War II
housing developments.
Sharp's projects included Oak Forest
in 1946 and Sharpstown in 1955. Sharp also created Royden Oaks in the late 1940s. Sharp later was a central figure in the Sharpstown scandal
, and as a result he was convicted of violating federal banking and securities laws and was sentenced to three years' probation and a $5,000 fine. Though a Methodist, he became a benefactor of Strake Jesuit College Preparatory
and became the only Protestant to be named as a "founder" within the benefactors of the Society of Jesus
. Sharp advised Strake Jesuit to buy shares of National Bankers Life at $20-26 per share http://www.time.com/time/magazine/article/0,9171,904706,00.html?iid=chix-sphere. The school lost $6,000,000 from his advice.
Texas
Texas is the second largest U.S. state by both area and population, and the largest state by area in the contiguous United States.The name, based on the Caddo word "Tejas" meaning "friends" or "allies", was applied by the Spanish to the Caddo themselves and to the region of their settlement in...
, United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
who was responsible for creating several large post-World War II
World War II
World War II, or the Second World War , was a global conflict lasting from 1939 to 1945, involving most of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis...
housing developments.
Sharp's projects included Oak Forest
Oak Forest, Houston, Texas
Oak Forest is a large residential community in northwest Houston, Texas, United States. Oak Forest is the third largest group of subdivisions in Harris County.-History:...
in 1946 and Sharpstown in 1955. Sharp also created Royden Oaks in the late 1940s. Sharp later was a central figure in the Sharpstown scandal
Sharpstown scandal
The Sharpstown scandal was a stock fraud scandal in the state of Texas in 1971 and 1972 involving the highest levels of the state government. The name came from the involvement of the Sharpstown area of Houston.-Background:...
, and as a result he was convicted of violating federal banking and securities laws and was sentenced to three years' probation and a $5,000 fine. Though a Methodist, he became a benefactor of Strake Jesuit College Preparatory
Strake Jesuit College Preparatory
Strake Jesuit College Preparatory is an all-men's Jesuit, university-preparatory school for grades 9-12 in the Greater Sharpstown area of Houston, Texas. It is located in proximity to Alief....
and became the only Protestant to be named as a "founder" within the benefactors of the Society of Jesus
Society of Jesus
The Society of Jesus is a Catholic male religious order that follows the teachings of the Catholic Church. The members are called Jesuits, and are also known colloquially as "God's Army" and as "The Company," these being references to founder Ignatius of Loyola's military background and a...
. Sharp advised Strake Jesuit to buy shares of National Bankers Life at $20-26 per share http://www.time.com/time/magazine/article/0,9171,904706,00.html?iid=chix-sphere. The school lost $6,000,000 from his advice.