Founded in 1924 by Amos Holden, Holden Oil started as a few gas pumps to go along with the family farm on Lynnfield Street in Peabody. Amos's nephew Arthur Holden Sr. soon took over. As a favor to a friend, Arthur Sr. bought an oil truck to keep his friend, who sold ice, busy one winter when sales were not doing well. During the time of the Depression, a few more trucks were out running, mainly to other farms in the South Peabody area. Not long after a garage was added to the business. It was around 1969 when Arthur Holden Jr. took over the business from his father, growing the company to reach out to the whole North Shore. By the mid 70's, his son Chuck was on board, bringing new ideas to the company, helping continue expanding the propane and oil delivery and service departments, and closing down the garage and rejuvenating the gas station.
