{"id":2179788275776,"title":"Standard Oil Company","handle":"standard-oil-company","description":"\u003cmeta charset=\"utf-8\"\u003e\n\u003ch5\u003eProduct Details\u003c\/h5\u003e\n\u003cp\u003eBeautifully engraved antique bond certificate from the Standard Oil Company dating back to the 1970's. This document, which carries the printed signatures of the company President and Treasurer, was printed by the Security-Columbian Bank Note Company and measures approximately 12\" (w) by 8\" (h).\u003cbr\u003e\u003cbr\u003eThe certificate's intricate vignette features a male figure flanked by gas station and oil refinery scenes.\u003c\/p\u003e\n\u003ch5 style=\"text-align: left;\"\u003eImages\u003c\/h5\u003e\n\u003cdiv style=\"text-align: left;\"\u003eYou will receive the exact certificate pictured.\u003cbr\u003e\n\u003c\/div\u003e\n\u003cul\u003e\u003c\/ul\u003e\n\u003ch5\u003e\u003cspan\u003eHistorical Context\u003c\/span\u003e\u003c\/h5\u003e\n\u003cmeta charset=\"utf-8\"\u003e\n\u003cdiv style=\"text-align: left;\"\u003e\u003cimg height=\"174\" width=\"201\" style=\"margin-top: 15px; margin-right: 25px; margin-bottom: 20px; float: left;\" alt=\"\" src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/files\/STANDARDOIL.png?v=1595501366\"\u003e\u003c\/div\u003e\n\u003cp\u003e\u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/standard-oil-company\"\u003eStandard Oil\u003c\/a\u003e\u003c\/strong\u003e was a large, integrated, \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/oil-gas\"\u003eoil producing\u003c\/a\u003e\u003c\/strong\u003e, transporting, refining, and marketing company. Standard Oil began as an \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/ohio\"\u003eOhio\u003c\/a\u003e\u003c\/strong\u003e partnership formed by the well-known industrialist John D. Rockefeller, his brother William Rockefeller, Henry Flagler, chemist Samuel Andrews, and a silent partner Stephen V. Harkness. Using highly effective and widely criticized tactics, Standard Oil absorbed or destroyed most of its competition in \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/cleveland-ohio\"\u003eCleveland, Ohio\u003c\/a\u003e\u003c\/strong\u003e, then throughout the northeastern United States, putting numerous small corporations out of business.\u003cbr\u003e\u003cbr\u003eIn response to state laws attempting to limit the scale of companies, Rockefeller and his partners had to develop innovative ways of organizing so that they could effectively manage their increasingly giant enterprise. In 1882, they combined their disparate companies, spread across dozens of states, under a single group of trustees. This organization proved so successful that other giant enterprises adopted this \"trust\" form. At the same time, state and federal laws sought to counter this development with \"antitrust\" laws. Ohio successfully sued Standard Oil, compelling the dissolution of the trust in 1892. Standard Oil fought this decree, in essence separating off only Standard Oil of Ohio without relinquishing control of that company. Eventually, \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/new-jersey\"\u003eNew Jersey\u003c\/a\u003e\u003c\/strong\u003e changed its incorporation laws to allow a single company to hold shares in other companies in any state. Thus, in 1899, the Standard Oil Trust was legally reborn as a \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/holding-companies\"\u003eholding company\u003c\/a\u003e\u003c\/strong\u003e -- a corporation known as the Standard Oil Company of New Jersey.\u003cbr\u003e\u003cbr\u003eEventually, the U.S. Justice Department sued Standard Oil of New Jersey under the federal anti-trust law, the Sherman Antitrust Act of 1890. In 1911, the Supreme Court upheld the lower court judgment, and forced Standard Oil to separate into 34 companies, each with its own distinct board of directors. Standard's president, John D. Rockefeller had, by then, long since retired from any management role and became simply a shareholder in each of the new companies. They formed the core of today's U.S. oil industry, including ExxonMobil (formerly Standard of New Jersey and Standard of New York), ConocoPhillips (the Conoco side, which was Standard's company in the Rocky Mountain states), Chevron (Standard of California, who eventually purchased Standard Oil of Kentucky), Amoco and Sohio (Standard of Indiana and Standard of Ohio, respectively, now BP of North America), \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/atlantic-richfield-company-arco\"\u003eAtlantic Richfield\u003c\/a\u003e\u003c\/strong\u003e (the Atlantic side, now also a part of BP North America), Marathon (covering western Ohio and other parts of Ohio not covered by Sohio) and many other smaller companies.\u003c\/p\u003e","published_at":"2018-11-27T15:17:38-05:00","created_at":"2019-01-05T10:27:33-05:00","vendor":"Ghosts of Wall Street","type":"Bond Certificates","tags":["1970s","Cleveland","Date_1970s","Famous Companies","Ohio","Oil \u0026 Gas","Price_$10 - $19.99","Region_Midwest","Standard Oil Company"],"price":1900,"price_min":1900,"price_max":1900,"available":true,"price_varies":false,"compare_at_price":null,"compare_at_price_min":0,"compare_at_price_max":0,"compare_at_price_varies":false,"variants":[{"id":20610893217856,"title":"Default Title","option1":"Default Title","option2":null,"option3":null,"sku":"1339","requires_shipping":true,"taxable":true,"featured_image":null,"available":true,"name":"Standard Oil Company","public_title":null,"options":["Default Title"],"price":1900,"weight":7,"compare_at_price":null,"inventory_management":"shopify","barcode":"","requires_selling_plan":false,"selling_plan_allocations":[]}],"images":["\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/1339.png?v=1626171910","\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/1339vign.png?v=1626171918"],"featured_image":"\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/1339.png?v=1626171910","options":["Title"],"media":[{"alt":"Standard Oil Company Bond Certificate","id":22294482288799,"position":1,"preview_image":{"aspect_ratio":1.479,"height":1014,"width":1500,"src":"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/1339.png?v=1626171899"},"aspect_ratio":1.479,"height":1014,"media_type":"image","src":"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/1339.png?v=1626171899","width":1500},{"alt":"Standard Oil Company Bond Certificate","id":22294482321567,"position":2,"preview_image":{"aspect_ratio":2.845,"height":704,"width":2003,"src":"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/1339vign.png?v=1626171899"},"aspect_ratio":2.845,"height":704,"media_type":"image","src":"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/1339vign.png?v=1626171899","width":2003}],"requires_selling_plan":false,"selling_plan_groups":[],"content":"\u003cmeta charset=\"utf-8\"\u003e\n\u003ch5\u003eProduct Details\u003c\/h5\u003e\n\u003cp\u003eBeautifully engraved antique bond certificate from the Standard Oil Company dating back to the 1970's. This document, which carries the printed signatures of the company President and Treasurer, was printed by the Security-Columbian Bank Note Company and measures approximately 12\" (w) by 8\" (h).\u003cbr\u003e\u003cbr\u003eThe certificate's intricate vignette features a male figure flanked by gas station and oil refinery scenes.\u003c\/p\u003e\n\u003ch5 style=\"text-align: left;\"\u003eImages\u003c\/h5\u003e\n\u003cdiv style=\"text-align: left;\"\u003eYou will receive the exact certificate pictured.\u003cbr\u003e\n\u003c\/div\u003e\n\u003cul\u003e\u003c\/ul\u003e\n\u003ch5\u003e\u003cspan\u003eHistorical Context\u003c\/span\u003e\u003c\/h5\u003e\n\u003cmeta charset=\"utf-8\"\u003e\n\u003cdiv style=\"text-align: left;\"\u003e\u003cimg height=\"174\" width=\"201\" style=\"margin-top: 15px; margin-right: 25px; margin-bottom: 20px; float: left;\" alt=\"\" src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/files\/STANDARDOIL.png?v=1595501366\"\u003e\u003c\/div\u003e\n\u003cp\u003e\u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/standard-oil-company\"\u003eStandard Oil\u003c\/a\u003e\u003c\/strong\u003e was a large, integrated, \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/oil-gas\"\u003eoil producing\u003c\/a\u003e\u003c\/strong\u003e, transporting, refining, and marketing company. Standard Oil began as an \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/ohio\"\u003eOhio\u003c\/a\u003e\u003c\/strong\u003e partnership formed by the well-known industrialist John D. Rockefeller, his brother William Rockefeller, Henry Flagler, chemist Samuel Andrews, and a silent partner Stephen V. Harkness. Using highly effective and widely criticized tactics, Standard Oil absorbed or destroyed most of its competition in \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/cleveland-ohio\"\u003eCleveland, Ohio\u003c\/a\u003e\u003c\/strong\u003e, then throughout the northeastern United States, putting numerous small corporations out of business.\u003cbr\u003e\u003cbr\u003eIn response to state laws attempting to limit the scale of companies, Rockefeller and his partners had to develop innovative ways of organizing so that they could effectively manage their increasingly giant enterprise. In 1882, they combined their disparate companies, spread across dozens of states, under a single group of trustees. This organization proved so successful that other giant enterprises adopted this \"trust\" form. At the same time, state and federal laws sought to counter this development with \"antitrust\" laws. Ohio successfully sued Standard Oil, compelling the dissolution of the trust in 1892. Standard Oil fought this decree, in essence separating off only Standard Oil of Ohio without relinquishing control of that company. Eventually, \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/new-jersey\"\u003eNew Jersey\u003c\/a\u003e\u003c\/strong\u003e changed its incorporation laws to allow a single company to hold shares in other companies in any state. Thus, in 1899, the Standard Oil Trust was legally reborn as a \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/holding-companies\"\u003eholding company\u003c\/a\u003e\u003c\/strong\u003e -- a corporation known as the Standard Oil Company of New Jersey.\u003cbr\u003e\u003cbr\u003eEventually, the U.S. Justice Department sued Standard Oil of New Jersey under the federal anti-trust law, the Sherman Antitrust Act of 1890. In 1911, the Supreme Court upheld the lower court judgment, and forced Standard Oil to separate into 34 companies, each with its own distinct board of directors. Standard's president, John D. Rockefeller had, by then, long since retired from any management role and became simply a shareholder in each of the new companies. They formed the core of today's U.S. oil industry, including ExxonMobil (formerly Standard of New Jersey and Standard of New York), ConocoPhillips (the Conoco side, which was Standard's company in the Rocky Mountain states), Chevron (Standard of California, who eventually purchased Standard Oil of Kentucky), Amoco and Sohio (Standard of Indiana and Standard of Ohio, respectively, now BP of North America), \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/atlantic-richfield-company-arco\"\u003eAtlantic Richfield\u003c\/a\u003e\u003c\/strong\u003e (the Atlantic side, now also a part of BP North America), Marathon (covering western Ohio and other parts of Ohio not covered by Sohio) and many other smaller companies.\u003c\/p\u003e"}

Standard Oil Company

$19.00
Maximum quantity available reached.
Stock Number: 1339
Product Details

Beautifully engraved antique bond certificate from the Standard Oil Company dating back to the 1970's. This document, which carries the printed signatures of the company President and Treasurer, was printed by the Security-Columbian Bank Note Company and measures approximately 12" (w) by 8" (h).

The certificate's intricate vignette features a male figure flanked by gas station and oil refinery scenes.

Images
You will receive the exact certificate pictured.
    Historical Context

    Standard Oil was a large, integrated, oil producing, transporting, refining, and marketing company. Standard Oil began as an Ohio partnership formed by the well-known industrialist John D. Rockefeller, his brother William Rockefeller, Henry Flagler, chemist Samuel Andrews, and a silent partner Stephen V. Harkness. Using highly effective and widely criticized tactics, Standard Oil absorbed or destroyed most of its competition in Cleveland, Ohio, then throughout the northeastern United States, putting numerous small corporations out of business.

    In response to state laws attempting to limit the scale of companies, Rockefeller and his partners had to develop innovative ways of organizing so that they could effectively manage their increasingly giant enterprise. In 1882, they combined their disparate companies, spread across dozens of states, under a single group of trustees. This organization proved so successful that other giant enterprises adopted this "trust" form. At the same time, state and federal laws sought to counter this development with "antitrust" laws. Ohio successfully sued Standard Oil, compelling the dissolution of the trust in 1892. Standard Oil fought this decree, in essence separating off only Standard Oil of Ohio without relinquishing control of that company. Eventually, New Jersey changed its incorporation laws to allow a single company to hold shares in other companies in any state. Thus, in 1899, the Standard Oil Trust was legally reborn as a holding company -- a corporation known as the Standard Oil Company of New Jersey.

    Eventually, the U.S. Justice Department sued Standard Oil of New Jersey under the federal anti-trust law, the Sherman Antitrust Act of 1890. In 1911, the Supreme Court upheld the lower court judgment, and forced Standard Oil to separate into 34 companies, each with its own distinct board of directors. Standard's president, John D. Rockefeller had, by then, long since retired from any management role and became simply a shareholder in each of the new companies. They formed the core of today's U.S. oil industry, including ExxonMobil (formerly Standard of New Jersey and Standard of New York), ConocoPhillips (the Conoco side, which was Standard's company in the Rocky Mountain states), Chevron (Standard of California, who eventually purchased Standard Oil of Kentucky), Amoco and Sohio (Standard of Indiana and Standard of Ohio, respectively, now BP of North America), Atlantic Richfield (the Atlantic side, now also a part of BP North America), Marathon (covering western Ohio and other parts of Ohio not covered by Sohio) and many other smaller companies.

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