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Apco Oil Corporation - 1970's dated $1,000 Bond

Inv# OS2187   Bond
State(s): Delaware
Years: 1974 or 1976
Color: Purple and Black

$1,000 5% Bond printed by Security-Columbian Banknote Company. Incorporated in 1960. "Petroleum Products". APCO Oil Corporation was an oil and petroleum goods marketing and distribution company that operated in the Oklahoma region from 1960–1979. It was a successor company to the Anderson-Prichard Oil Corporation. The term “APCO” has also been used by other entities related to the Anderson-Prichard brand.

“APCO” was a common acronym used within the Anderson-Prichard Oil Corporation since its founding in 1922. As early as 1926, Anderson-Prichard began attempts at trademarking the acronym, first through overtures to the American Pacific Company, and later through communications with the American Oil Company, whose trading name AMOCO was thought to be too similar. The two companies finally came to an agreement in 1954 permitting Anderson-Prichard to use the APCO name and logo.

APCO Oil Corporation was created in 1960 when outside investors purchased the remaining parts of the Anderson-Prichard Oil Company, particularly its marketing and distribution units. In 1961, APCO remained a Fortune 500 company. The company operated service stations around Oklahoma and neighboring states including Texas, Kansas, Arkansas, and Missouri, as well as states further afield in the Midwest such as Nebraska, North Dakota, South Dakota, Minnesota, Iowa, Wisconsin and Illinois. The company was dissolved in 1979. The APCO logo was still used after the company’s dissolution by many independent service stations, and can still be spotted occasionally in the region. Read more at https://en.wikipedia.org/wiki/APCO_Oil_Corporation

Condition: Excellent

A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.

Item ordered may not be exact piece shown. All original and authentic.
Price: $19.00