Name: Atlantic Refining Company
Brand: Ghosts of Wall Street
SKU: 2837gr
Price: 3.0 USD
Availability: InStock

Atlantic Refining Company Stock Certificate

In stock
Inventory on the way

Price

Product Details

Certificate Type	Common/Cumulative Preferred Stock
Date Issued	1960's
Canceled	Yes
Printer	American Bank Note Company
Signatures	Machine printed
Notable	NA
Approximate Measurements	12" (w) by 8" (h)
Product Images	Representative of the piece you will receive
Guaranteed Authentic	Yes

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Historical Context

Charles Lockhart and his partners founded the Atlantic Petroleum Storage Company in Philadelphia in 1866. At the time, Atlantic's business was simply to store and ship crude and refined oils. In 1870 the company built a refinery that could process a record 3,000 barrels a day. Only four years later it was sold to John D. Rockefeller's vast Standard Oil Trust, where it remained until 1911 when the Trust was dissolved by a federal court, leaving Atlantic on its own with no crude oil, pipelines or tankers. This prompted Atlantic's concerned president John Wesley Van Dyke to tell his people: "Go find the company some crude," which they did, making significant discoveries in the American Southwest. During the next few decades, Atlantic acquired a fleet of oil tankers, built a network of pipelines, and established a system of service stations throughout the eastern part of the nation.

In 1963 Atlantic purchased the Hondo Oil & Gas Company, a small oil producer in the Western states, from Robert O. Anderson, who took a seat on Atlantic's Board of Directors. Two years later, Anderson was elected chairman. A visionary businessman, Anderson, along with President Thornton F. Bradshaw, guided the company through two significant mergers. The first was with Richfield Oil Corporation. Founded in 1905, Richfield grew quickly into one of the West Coast's leading gasoline marketers, with its own refineries and production properties. Gas wars and financial setbacks pushed Richfield into receivership in the early 1930s. The firm was reorganized in 1936 and once again captured an important share of the gasoline market. In its merger with Atlantic Refining Company on January 3, 1966, Richfield brought along its Alaskan leases and Prudhoe Bay exploration program, providing the new Atlantic Richfield Company with a promising blend of exploration and producing properties. Merger talks heated up again in the late '60s, this time with the Sinclair Oil Corporation, founded by Harry F. Sinclair in 1916. ARCO was attracted by Sinclair's chemical and refining operations as well as its network of crude and product pipelines. The merger was completed in 1969.

In 1968, ARCO and its partner Exxon struck oil at Prudhoe Bay on the North Slope of Alaska, the biggest oil strike ever in the Western Hemisphere. At the time, recoverable reserves were estimated at 9.6 billion barrels, a figure that has since increased to over 13 billion barrels. To prepare for the huge volume of oil that would move through the Trans Alaska Pipeline, ARCO began expansion of its refining and marketing capability on the West Coast, including construction of a new refinery at Ferndale, Washington, and upgrading of the Los Angeles refinery.

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!

All of our pieces are original - we do not sell reproductions. If you ever find out that one of our pieces is not authentic, you may return it for a full refund of the purchase price and any associated shipping charges.

FAQ

Are the certificates offered on your site genuine or reproductions?

All of the certificates you see on our site are genuine pieces, we do not sell any reproductions.

Are the certificates you sell negotiable on any of today's stock markets or indexes?

No. All of the pieces we sell are either canceled or obsolete and have collectible value only.

Are the images presented in your product listings of the exact piece I will receive?

It depends. We try to present images of the exact piece you will receive whenever possible. However, when we are offering quantities of a piece, this is impossible. Within every product page we detail whether or not you will be receiving the exact certificate listed, or if the image is a representative example of the one you will receive.

How will you ship my order and how much do you charge?

We ship all orders via the United States Postal Service. For orders taking advantage of standard (First Class) shipping within the United States, we offer flat rate pricing, so you pay only the advertised shipping charge regardless of the number of pieces you purchase. Current charges may be reviewed here. USPS International, Priority and Express Mail, UPS and DHL services are also available, and costs are calculated during checkout.

Can I return my purchase?

Absolutely. You may return any merchandise, for any reason, within 30 days of the purchase date for a full refund of the purchase price.

We guarantee all of our pieces to be authentic. If you ever determine that a piece is not authentic, it may be returned for a full refund of the purchase price as well as any associated shipping charges.