Dixie Royalty Company
Dixie Royalty Company
- In stock
- Inventory on the way
Product Details
Nicely engraved antique stock certificate from the Dixie Royalty Company dating back to the 1920's. This document, which is signed by a company Trustee, was printed by Goes and measures approximately 11" (w) by 8 1/4" (h).
The certificate's vignette features a train in front of an oil field. A series of smaller oil-themed vignettes appear in the border.
Images
Historical Context
The Dixie Royalty Company was formed in Fort Worth, Texas in 1921 as a subsisidiary of the Revere Oil Company.
By 1923, the company was in receivership and indicted by the Postmaster General for a stock selling scheme.
Promoters entered upon a so-called “merger” plan of operation, which resulted in the “merging” of over 100 defunct and dying oil concerns.
Each “merger" resulted in the acquisition by the promoters of additional lists of stockholders who were advised of the “merger” in extravagantly phrased circular letters and promised safety from loss on their investment in the old company if they would exchange their stock, dollar for dollar, for stock in the Revere company, with the stipulation that they purchase new stock equal to 25 per cent of their holdings in the “merged” company. These letters, virtually identical and purporting to come from officers of the “merged” companies, but in reality prepared by the promoters of the Revere company, were sent to stockholders of more than 100 “merged" companies. Of the many companies taken over the properties and assets of only three were actually merged. In three transactions none of the assets were acquired and in one other only some office furniture and fixtures were obtained.
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.
