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Pennzoil United, Inc. - 1970's dated Oil Bond in Various Denominations - Please Specify Color

Inv# GB5097   Bond
State(s): Delaware
Years: 1970's
Color: Orange, Blue or Red

Various Denominations 5 1/4% Bond printed by American Bank Note Company. Vignette of 18th Century chemist. Available in Orange, Blue or Red. Please specify color.

Pennzoil is an American motor oil brand currently owned by Shell plc. The former Pennzoil Company had been established in 1913 in Pennsylvania, being active in business as an independent firm until it was acquired by Shell in 2002, becoming a brand of the conglomerate. Origins of the company can be traced to the "South Penn Oil Company", an oil business started in Oil City, Pennsylvania by Michael Late Benedum and Joe Trees in May 1889 as a unit of Standard Oil. It became the largest oil producer in the region, becoming independent when Standard Oil was split in 1911. By those times, two companies, one on the East Coast and another on the West (founded in 1908 and 1913 respectively) started to market their motor oils under the brand Pennzoil. Their refineries and distributors were later incorporated as "The Pennzoil Company" in 1925. In 1955, South Penn Oil acquired complete ownership of Pennzoil Co. Read more at https://en.wikipedia.org/wiki/Pennzoil

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: $5.00