Shell Oil Co. - 1970's dated Famous Oil Company Bond - Several Different Denominations Available
Inv# GB5051 Bond
Oil Bond. Various Denominations. Very graceful vignette of angel figures & Shell symbol printed by American Bank Note Co. Available in Brown, Yellow, Red or Orange. Please specify color. Shell USA, Inc. (formerly Shell Oil Company, Inc.) is the United States-based wholly owned subsidiary of Shell plc, a UK-based transnational corporation "oil major" which is amongst the largest oil companies in the world. Approximately 18,000 Shell employees are based in the U.S. Its U.S. headquarters are in Houston, Texas. Shell USA, including its consolidated companies & its share in equity companies, is one of America's largest oil & natural gas producers, natural gas marketers, gasoline marketers & petrochemical manufacturers.
In 1997, Shell & Texaco entered into two refining/marketing joint ventures. One combined their Midwestern & Western operations & was known as Equilon. The other, known as Motiva Enterprises, combined the Eastern & Gulf Coast operations of Shell Oil & Star Enterprise, itself a joint venture between Saudi Aramco & Texaco. After Texaco merged w/ Chevron in 2001, Shell purchased Texaco's shares in the joint ventures. In 2002, Shell began converting these Texaco stations to the Shell brand, a process that was to be completed by June 2004 & was called "the largest retail re-branding initiative in American business history". In the year 2016, Shell Nederland Raffinaderij BV (Shell Pernis) said that it has started a new aromatics unit at the large Pernis refinery in Rotterdam, Netherlands. Read more at https://en.wikipedia.org/wiki/Shell_USA
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.
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