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Arco Pipe Line Co. - $2,000,000 Denominated Bond - Extremely Rare

Inv# MD1000   Bond
Arco Pipe Line Co. - $2,000,000 Denominated Bond - Extremely Rare
State(s): New York
Years: 1975
Color: Pink

$2,000,000 Bond. Security-Columbian Banknote Company. ARCO can either refer to a brand of gasoline stations owned by BP since 2000 in Northern California, Oregon and Washington; a brand of gasoline stations owned by Marathon Petroleum since 2018 in the rest of the United States and in Mexico; or the Atlantic Richfield Company, an independent oil and gas company (1966–2000) which became a subsidiary of BP in 2000.

From 1966 to 2000, the Atlantic Richfield Company, doing business as ARCO, was an independent American oil company with operations in the United States, Indonesia, the North Sea, the South China Sea, and Mexico. After its acquisition of Anaconda Copper Mining Company in 1977, ARCO had owned hard rock mines in several western states, which has created environmental clean-up liabilities to the company to this day even after the mines were closed in the early 1980s. In 2000, BP acquired ARCO for $26.8 billion. ARCO's retail and marketing operations was kept separate while the rest of the company was integrated into BP. Read more at

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.