Follansbee Steel Corporation
Nicely engraved antique stock certificate from the Follansbee Steel Corporation dating back to the 1940's. This document, which carries the printed signatures of the company President and Secretary/Treasurer, was printed by the Security Bank Note Company and measures approximately 11 1/4" (w) by 8" (h).
The certificate's vignette features a male allegorical figure with a lantern, sledgehammer, anvil and wheel. Factories belch smoke into the sky in the background.
The images presented are representative of the piece(s) you will receive. When representative images are presented for one of our offerings, you will receive a certificate in similar condition as the one pictured; however dating, denomination, certificate number and issuance details may vary.
Historical ContextFollansbee Steel traces its history back to the early 1800s when James Park produced a number of products, including block tin, ingot copper, antimony, sheet zinc, sheet iron, and tin-plated carbon steel, a widely-used sheet metal roofing product. The tin plated sheet manufactured by Park came to be known as the “old tin roof.”
Ownership of the company switched hands to James Scott, and eventually was purchased by John and Robert Follansbee. The outstanding performance and popularity of the "old tin roof" coupled with the brothers’ entrepreneurial expertise resulted in a rapid expansion of the newly named company of Follansbee Steel. In 1902, the opening of the Follansbee Steel plant gave rise to the establishment of the City of Follansbee, West Virginia.
In 1954, the Louis Berkman Company purchased Follansbee and sold all the basic steel production operations to Wheeling Steel.