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Mobile-Beaumont Oil Co. - Stock Certificate

Inv# OS1812   Stock
Mobile-Beaumont Oil Co. - Stock Certificate
State(s): Alabama
Years: 1901

Stock printed by Goes. Clipped corner.

Mobile is the county seat of Mobile County, Alabama, United States. The population within the city limits was 195,111 as of the 2010 United States Census, making it the third-most-populous city in Alabama, and the most populous in Mobile County.

Alabama's only saltwater port, Mobile is located on the Mobile River at the head of the Mobile Bay and the north-central Gulf Coast. The Port of Mobile has always played a key role in the economic health of the city, beginning with the settlement as an important trading center between the French colonists and Native Americans, down to its current role as the 12th-largest port in the United States.

Mobile is the principal municipality of the Mobile metropolitan area. This region of 412,992 residents is composed solely of Mobile County; it is the third-largest metropolitan statistical area in the state. Mobile is the largest city in the Mobile–DaphneFairhope CSA, with a total population of 604,726, the second largest in the state. As of 2011, the population within a 60-mile (100 km) radius of Mobile is 1,262,907.

Mobile was founded in 1702 by the French as the first capital of Louisiana. During its first 100 years, Mobile was a colony of France, then Britain, and lastly Spain. Mobile became a part of the United States in 1813, with the annexation by President James Madison of West Florida from Spain. The city surrendered to Federal forces on April 12, 1865, after Union victories at two forts protecting the city. This, along with the news of Johnston's surrender negotiations with Sherman, led Taylor to seek a meeting with his Union counterpart, Maj. Gen. Edward R. S. Canby. The two generals met several miles north of Mobile on May 2. After agreeing to a 48-hour truce, the generals enjoyed an al fresco luncheon of food, drink, and lively music. Canby offered Taylor the same terms agreed upon between Lee and Grant. Taylor accepted the terms and surrendered his command on May 4 at Citronelle, Alabama.

Considered one of the Gulf Coast's cultural centers, Mobile has several art museums, a symphony orchestra, professional opera, professional ballet company, and a large concentration of historic architecture. Mobile is known for having the oldest organized Carnival or Mardi Gras celebrations in the United States. Its French Catholic colonial settlers celebrated this festival from the first decade of the 18th century. Beginning in 1830, Mobile was host to the first formally organized Carnival mystic society to celebrate with a parade in the United States. (In New Orleans, such a group is called a krewe.)

Beaumont is a city in and the county seat of Jefferson County, Texas, in the United States, within the Beaumont–Port Arthur Metropolitan Statistical Area. Located in Southeast Texas on the Neches River about 85 miles (137 km) east of Houston (city center to city center), Beaumont had a population of 118,296 at the time of the 2010 census, making it the 30th most populous city in the state of Texas.

Beaumont was founded in 1835. The pioneer settlement had an economy based on the development of lumber, farming, and port industries. In 1892, Joseph Eloi Broussard opened the first commercially successful rice mill in Texas, stimulating development of rice farming in the area; he also started an irrigation company (since 1933 established as the Lower Neches Valley Authority) to support rice culture. Rice became an important commodity crop in Texas and is now cultivated in 23 counties.

A big change occurred in 1901 with the Spindletop gusher, which demonstrated that a huge oil field lay underneath and adjacent to the city. With Spindletop, several energy companies developed in Beaumont, and some remain. The area rapidly developed as one of the country's major petro-chemical refining areas. Along with Port Arthur and Orange, Beaumont forms the Golden Triangle, a major industrial area on the Texas Gulf Coast.

Beaumont is home to Lamar University, a national Carnegie Doctoral Research university with 14,966 students, including undergraduates and postgraduates. Over the years, several corporations have been based in this city, including Gulf States Utilities, which had its headquarters in Beaumont until its takeover by Entergy Corporation in 1994. GSU's Edison Plaza headquarters remains the tallest building in Beaumont.

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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.

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