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Important West Virginia Oil Stock Group With 5 From 1860's (18) [128748]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Industrial Start Price:600.00 USD Estimated At:1,200.00 - 2,000.00 USD
Important West Virginia Oil Stock Group With 5 From 1860's (18)  [128748]
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West Virginia has been a very important oil producing state. The Volcano oil field was discovered in 1860 and the state's first oil pipeline was built in 1879 from Volcano to Parkersburg. Also at Volcano in 1874, W.C. Stiles, Jr. invented the "endless wire" pumping method of pumping many wells from a central engine. West Virginia's peak production year was 1900, producing 16 million bbls. We have a fabulous collection here including five oils from the 1860's. They are: West Virginia Oil City Company, 1867; Bull Creek Oil Company, Pleasant's County West Virginia,1864; Government Oil and Mining Company of West Virginia,1865; Magenta Oil Company, Pleasants County, 1865; and a $500 bond from Ritchie Mineral Resin and Oil Company, 1866. There are also four engraved certificates from 1902 to 1920. This is a historic collection and must be seen. Better than average condition throughout.

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State: West Virginia
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Provenance: Ken Prag Collection