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Standard Oil Co. - Dated 1920's Kentucky Oil Stock Certificate - Has Become Extremely Rare

Inv# OS1237   Stock
State(s): Kentucky
Years: 1922-1928
Color: Blue

Stock printed by International Banknote Co., NY. The Standard Oil Company of Kentucky or Kyso was an oil company and gasoline distributor that operated in the southeastern United States from 1886 until it was acquired by Chevron Oil Company in 1961. After the breakup of the Standard Oil company in 1911, the company was awarded rights to run the oil operation of Kentucky, Georgia, Florida, Alabama, and Mississippi. The Standard Oil Company of Kentucky was incorporated on October 8, 1886 under Kentucky laws. It was founded as a division of the Standard Oil Trust to handle the assets of the Chess, Carley & Company, which Standard had acquired to handle product marketing and distribution for the southeastern U.S. It maintained corporate offices in all of the states it serviced, and also owned an oil refinery in Louisville, Kentucky, with a 500,000 barrel/year capacity. In 1892, it acquired the properties of Consolidated Tank Line Company.

When the monopoly was broken up as an illegal trust in the US Supreme Court case Standard Oil Co. of New Jersey v. United States in 1911, Kyso was spun off to market to the states of Kentucky, Georgia, Florida, Alabama, and Mississippi. As was common at the time, though no longer controlled by a single entity, the various "Baby Standards" still continued to cooperate. For example, Kyso was supplied by fellow "Baby Standard" Standard Oil of New Jersey, better known as Esso. The company avoided the consolidation prevalent in the industry throughout the first half of the century, and continued to sell various Esso and Mobil Oil products. In 1930, it acquired the assets of Reed Oil Corp. of Atlanta, Georgia. The Riverside Refinery, built by Kyso circa 1918 in West Louisville, Kentucky, is still the source of considerable study due to environmental concerns. Read more at https://en.wikipedia.org/wiki/Kyso

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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: $350.00