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Hendershot Oil Co. - 1924 dated Colorado Oil Stock Certificate

Inv# OS1626   Stock
Hendershot Oil Co. - 1924 dated Colorado Oil Stock Certificate
State(s): Colorado
Years: 1924

Stock printed by Goes. Relating to Colorado Oil companies, the Standard Oil of Colorado was chartered in Denver, Colorado in 1922. It was eventually rechartered under the name Standard Oil Company of Colorado in 1927 and began to sell stock in 1930. Standard Oil of Colorado was not related to the well known Standard Oil company and did not own any wells, refineries, or gasoline stations. It was sued in 1931 by Standard Oil of Indiana (which was interested in expanding its marketing influence into the Colorado area) over use of the "Standard Oil" name. By 1934, the courts ruled in favor of Standard Oil Company of Indiana, and Standard Oil of Colorado was disbanded. Read more at https://en.wikipedia.org/wiki/Standard_Oil_of_Colorado

Condition: Excellent

A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.

Item ordered may not be exact piece shown. All original and authentic.
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