DALLAS — In 1934, the tallest building in the world had a flying red horse on the top of it. The logo of the Magnolia Oil Co. became Dallas' Statue of Liberty.
There is still a Pegasus on the top of the Magnolia Oil Co. building, but the original has now been found and restored.
It made its ceremonial return to downtown Dallas Wednesday night -- but not before News 8 got a sneak peak.
Our own Mike Catellucci got to see the bright red horse light up in the middle of the night. You could see in the red glow on the few faces nearby that it was a momentous day.
"You know, it almost puts a tear in my eye seeing that come to life here at the Omni," said Ed Netzhammer, regional vice president of the Omni Dallas Hotel.
It was a project three years in the making, Netzhammer said. The horse was found the day before the grand opening.
Eighty-one years before, it became a Dallas landmark, welcoming oil workers to the Magnolia Oil Co.
"If you were driving in from anywhere else in the country, you knew you were in Dallas," Netzhammer said.
Now, the original sign has new life much closer to the ground. And after multiple daytime test runs, it finally spreads its wings at night, starting Wednesday. Netzhammer calls it an "amazing sight."
The Pegasus, located at the corner of Young Street and Lamar, rotates one full revolution every five minutes.
