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Omega-Alpha, Inc.

$8.00

SKU: 6763
Product Details

Nicely engraved stock certificate from Omega-Alpha, Inc. dating back to the 1970's. This document, which carries the printed signatures of the company President (James Ling) and Secretary, was printed by the American Bank Note Company and measures approximately 12" (w) by 8" (h).

The vignette on this piece features a group of three male figures (a scientist, businessman and field worker) towering over an office building.

You will receive the exact certificate pictured.
    Historical Context

    Omega-Alpha, Inc. was a small and mysterious firm founded in 1971 by James Ling - the famous Dallas businessman who built the giant Ling-Temco-Vought. Ling was known for employing a tactic called "redeployment" when it came to his assets. He would buy a company, split it into multiple pieces, and then sell them off individually.

    It appears the company was a holding company for a number of Ling assets including the Okonite Company, the Transcontinental Investing Company, the Harbor Boat Building Company and the General Felt Company.

    The company plunged into bankruptcy in 1974 - thanks in part to an understated debt level that was inherited when the company purchased the Transcontinental Investing Company - and ultimately was bought by Ling`s arch-rival, financier Harold Simmons, also of Dallas.