Intricately engraved antique stock certificate from the Laurel Cannel Coal & Oil Company of Baltimore dating back to the 1860's. This document, which is signed by the company President and Secretary, was a printed by A. Hoen & Co. and measures approximately 10 1/2" (w) by 6 1/2" (h).
This certificate features a trio of beautiful vignettes - Benjamin Franklin at the left, a stunning, broad coal train at the center, and coal tram in a tunnel at the bottom.
Very rare piece!
You will receive the exact certificate pictured.
The Laurel Cannel Coal & Oil Company of Baltimore was incorporated in Maryland in 1864.
Cannel coal is brown to black oil shale. It comes from resins, spores, waxes, and cutinaceous and corky materials of terrestrial vascular plants, in part from Lycopsid (scale tree). Cannel coal was accumulated in ponds and shallow lakes in peat-forming swamps and bogs of the Carboniferous age under oxygen-deficient conditions. Thus cannel coal seams are shallow and often found above other deposits, while the coal itself, being rich in oils, burns long, with a bright yellow flame and little ash. The modern Lycopodiopsida relatives of these lycopsids (scale trees), with their similar high oil content, high surface area spores, are the source of highly flammable lycopodium powder.
Cannel coal is also lower in fixed carbon than typical bituminous coal. It includes various amounts of vitrinite and inertinite. Analytically, cannel coal consists of micrinites, macerals of the exinite group, and certain inorganic materials.