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The Eames Oil Fuel Process Co. Stock Certificate

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:35.00 USD Estimated At:70.00 - 150.00 USD
The Eames Oil Fuel Process Co. Stock Certificate
SOLD
25.00USD+ (6.25) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 Jan 20 @ 15:38UTC-8 : PST/AKDT
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Early oil piece. Inc. in New York. No. 225, issued for 50 shares to Sarah E. Hilton on April 13th, 1877. Signed by Lyman Cook as president and John Balester as secretary. Not cancelled. Allegorical vignette at center. Printed by Maverick & Wissinger, NY. According to Engineers & Engineering Vol. 1-2 (1880), the company developed a process to use crude oil as a fuel in the manufacture of blooms at an iron works facility in Titusville, PA. Both furnaces employed were capable of smelting 30 tons of iron a day using 20 crude barrels of oil. 7.5" x 11.5" Folds and toning. Date: 1877 Location: Titusville, Pennsylvania HWAC# 39027