Woodward Iron Company
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Product Details
Company
Woodward Iron Company
Certificate Type
Common Stock
Date Issued
February 13, 1959
Canceled
Yes
Printer
E. A. Wright Bank Note Company
Signatures
Machine printed
Approximate Size
12 1/4" (w) by 8 1/4" (h)
Images
Show the exact certificate you will receive
Guaranteed Authentic
Yes
Additional Details
NA
Historical Context
The Woodward Iron Company was founded by Stimpson Harvey Woodward, an ironmaker from Massachusetts, and its dynasty was born in 1882 when the first mine was opened on Birmingham's Red Mountain (Alabama). A virtual boomtown followed: miles of railroad track, four locomotives, fifty railroad cars, sixty-three single coke ovens, eighty double coke ovens, and housing for over a thousand employees, all of which later became the town of Woodward.
Michael Fazio describes the rise of the Woodward Iron Company throughout the late nineteenth century and into the twentieth, a rise that contributed to a national iron industry that overtook England as the world's leading producer of the metal. The iron boom couldn't last forever, though, and as the company moved into the early 1900s, iron prices dropped, and everyone in the industry suffered. This included the Woodwards, who lost millions of dollars before the Great Depression.
The company stayed in business until 1973 when the company was liquidated.
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Additional Information
Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. All items offered are collectible in nature only. So, you can frame them, but you can't cash them in!
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