Cities Service Company (Citgo)
Cities Service Company (Citgo)
- In stock
- Inventory on the way
Product Details
CompanyCities Service Company
Certificate Type
Preferred Stock
Date Issued
October 8, 1943
Canceled
Yes
Printer
Security Bank Note Company
Signatures
Machine printed
Approximate Size
11 3/4" (w) by 8" (h)
Images
Show the exact certificate you will receive
Guaranteed Authentic
Yes
Additional Details
NA
Historical Context
Cities Service Company was formed in September 1910 by Henry Latham Doherty as a public utility holding company in Bartlesville, Oklahoma.
An astute businessman, Doherty bought natural gas producing properties in Kansas and Oklahoma. He acquired distributing companies and linked them to natural gas supplies. His company derived income from the subsidiary corporations’ stock dividends.

On October 5, 1915, in central Kansas, Cities Service’s Wichita Natural Gas Company discovered the 34-square-mile El Dorado oilfield. As oil and natural gas holdings expanded in the Mid-Continent, the company added the Empire Gas & Fuel Company of Bartlesville, Oklahoma.
In 1928, Empire Oil & Refining, the Cities Service subsidiary, discovered the Oklahoma City oilfield. Production also came from the Greater Seminole oilfield, discovered two years earlier.
Drilled in July 1926 near Seminole, the Fixico No. 1 well revealed the prolific Wilcox sands at 4,073 feet and launched a drilling boom rivaling those in Texas.
Over the next decade more than 60 petroleum reservoirs were found in 1,300 square miles of east-central Oklahoma – and seven were “giants,” producing more than million barrels of oil each. A March 1930 a well hit a high-pressure formation about 6,500 feet beneath the state capital, Oklahoma City. A geyser of oil erupted – and flowed skyward for 11 days. The Oklahoma City oilfield discovery well soon became an international sensation.
Federal court mandates in 1940 (a result of the Public Utility Holding Company Act of 1935) resulted in Cities Service Company’s divestiture of its public utilities. In 1959 the remaining oil and natural gas companies were reformed as Cities Service Oil Company.
In 1964, Cities Service changed its marketing brand by introducing the name CITGO – keeping the first syllable of its name and ending with GO to imply power, notes the company CITGO website.
When T. Boone Pickens’ Mesa Petroleum tried a hostile takeover, Cities Service resisted and counter-offered. Gulf Oil Company made a “White Knight” merger offer, but 20 years of litigation ensued. Occidental Petroleum ultimately acquired Cities Service on December 3, 1982.
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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!
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. Most domestic orders are shipped via Ground Advantage. USPS International, Priority and Express Mail, UPS and DHL services are also available, and costs are calculated during checkout. Current charges may be reviewed here.
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.
Shipping Information
If your order exceeds $35, and the shipping address is within the United States, shipping via USPS Ground Advantage is FREE!
We make every effort to ship out all orders within 24 hours of receipt.
We ship the majority of orders via the USPS, with domestic orders using the Ground Advantage service.
Shipping is calculated during checkout. Upgraded services such as Priority and Express Mail, as well as UPS and DHL options, are also available.
As soon as your order is shipped you will receive your tracking information via email.
OVERSEAS ORDERS PLEASE NOTE THAT WE DECLARE FULL ORDER VALUE ON ALL SHIPMENTS. CUSTOMER IS RESPONSIBLE FOR ALL VAT/CUSTOMS CHARGES.
Returns
Our goal is to make sure every item you receive is exactly what you had in mind. If you not happy with your purchase, we’ll help you get it sorted in a timely and professional manner.
You can return anything we offer for an exchange, refund or store credit within 30 days of delivery. Return shipping costs may apply, and the item must be in its original condition and packaging.
Any shipping charges collected on the original order are not eligible for a refund.