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Potomac Oil Company Stock, Kern River Producer, 1901 [128667]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Industrial Start Price:25.00 USD Estimated At:50.00 - 150.00 USD
Potomac Oil Company Stock, Kern River Producer, 1901 [128667]
SOLD
25.00USDto d*******f+ buyer's premium (6.25)
This item SOLD at 2021 Nov 19 @ 13:17UTC-8 : PST/AKDT
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Very attractive certificate issued at Los Angeles in 1901 for 500 shares. The company produced and sold 421,000 barrels of oil in 1902 at an average price of 18 cents per barrel on average. Most of their production was from the Kern River field. The company also operated in the Los Angeles oil fields (Petroleum Review, 1903). In very good condition. Uncanceled.

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Provenance: Ken Prag Collection