Product Details
Beautifully engraved antique stock certificate from the Consolidation Coal Company dating back to the 1920's and 1930's. This document, which is signed by the company Vice President and Treasurer or Assistant Treasurer, was printed by the American Bank Note Company and measures approximately 12" (w) by 7 7/8" (h).
This certificate's vignette features a long coal tram in a tunnel.
Images
You will receive the exact certificate pictured.
Historical Context
The Consolidation Coal Company was originally created in 1860 after several small mining companies in Western Maryland decided to combine their operations. The company was formally established in 1864 and headquartered in Cumberland, Maryland for the first 85 years (1864–1945), where the company became the largest bituminous coal company in the eastern United States.
Western Maryland's coal production rose about 1 million short tons in 1865, exceeded 4 million short tons by the turn of the century, and reached an all-time high of about 6 million short tons in 1907. A small amount of the coal production in the early 1900s was premium smithing coal (as in blacksmith) that was specially processed and delivered in boxcars to customers throughout the United States and
Canada. In 1945, Consolidation Coal Company was merged with
Pittsburgh Coal Company and its headquarters were moved to Western
Pennsylvania.
With growing demand for
natural gas in the U.S. following World War II, Consolidation Coal Company was acquired by the Continental Oil Company, or Conoco, in 1966. By the mid-1970s, Consolidation Coal Company operated 56 mines and employed nearly 20,000 miners. In 1981, Conoco along with Consolidation Coal Company was acquired by DuPont, which then sold some of its coal mining interests in Pennsylvania to the German energy company, Rheinbraun A.G.
Today, the remnants of the company are part of Consol Energy.
