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Sinclair Oil Corp. - 1960's dated California Oil Stock Certificate - Available in Orange and Green

Inv# GS1236   Stock
State(s): California
Illinois
New York
Years: 1960's
Color: Orange or Green

Oil Stock printed by Security-Columbian Banknote Company. Male and female figure with oil refinery. Attractively engraved by Columbian Bank Note Co. Scarce!!! Available in Orange or Green. Please specify color.

Sinclair Oil Corporation is an American petroleum corporation, founded by Harry F. Sinclair on May 1, 1916, as the Sinclair Oil and Refining Corporation by combining the assets of 11 small petroleum companies. Originally a New York corporation, Sinclair Oil reincorporated in Wyoming in 1976. The corporation's logo features the silhouette of a large green dinosaur, based on the then-common idea that oil deposits beneath the earth came from the dead bodies of dinosaurs. It is ranked on the list of largest privately owned American corporations. It owns and operates refineries, gas stations, hotels, a ski resort, and a cattle ranch. Sinclair has long been a fixture on American roads with its dinosaur logo and mascot, a Brontosaurus.

During September 1919, Harry Sinclair restructured Sinclair Oil and Refining Corporation, Sinclair Gulf Corporation, and 26 other related entities into Sinclair Consolidated Oil Corporation. In 1932, this new entity was renamed Consolidated Oil Corporation. In 1943, it was renamed Sinclair Oil Corporation. Near the beginning of the Great Depression, Sinclair sold the remaining interest in its pipeline subsidiary to Standard Oil Company (Indiana) for US$72.5 million (Standard Oil had purchased a 50% interest in the pipeline subsidiary in 1921). With these funds, including an additional US$33.5 million from an additional common stock issue, Sinclair retired several promissory notes and prepared to weather the Depression with the remaining supply of cash. Read more at https://en.wikipedia.org/wiki/Sinclair_Oil_Corporation

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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.
Price: $24.00