Vulcan Detinning Company (New Jersey)
Beautifully engraved antique stock certificate from the Vulcan Detinning Company dating back to the 1930's. This document, which carries the printed signatures of the company President and Treasurer, was printed by the American Bank Note Company and measures approximately 11 3/4" (w) by 7 3/4" (h).
This certificate's intricate vignette features a nude, winged allegorical figure holding a lantern.
You will receive the exact certificate pictured.
Vulcan Detinning was formed in 1902 by Adolph Kern, who owned the Vulcan Metal Refining Company in Sewaren and the Vulcan Western Company of Chicago. The new company, Vulcan Detinning, used a process developed in Germany to recover pure tin from tin-plated scrap. Kern subsequently helped establish a rival company in Pennsylvania, the Republic Chemical Company. In 1912 he left Vulcan Detinning to join Republic Chemical, taking the company's trade secrets with him and setting off a series of lawsuits. Vulcan Detinning and Republic Chemical merged in 1920, after Kern was no longer associated with either company.
William J. Buttfield--who had joined Vulcan Detinning as a director in 1912, when Kern left for Republic Chemical--guided Vulcan Detinning through the early part of the 20th century. During the Depression of the 1930s he used his commodities brokerage background to shift the company's resources into importing coffee and rubber. Vulcan Detinning continued to pay dividends even though the Sewaren detinning plant was closed from 1932 until 1937. Employees were kept on the payroll and were occupied with the repairing and reconditioning of plant facilities. By 1940 Vulcan Detinning was again flourishing although the Sewaren plant, reopened in 1937, was closed permanently in 1938. Buttfield was also credited with being one of the industrialists who in the months preceding the Japanese attack on Pearl Harbor, finally convinced the United States to begin stockpiling critical materials such as tin.
The company merged with the Birmingham Slag Company in 1956. At the time, Alfred Buttfield, the son of William J. Buttfield, was president of Vulcan Detinning. He became chairman of the board of the newly named Vulcan Materials Company.