Vulcan Detinning Company
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Product Details
CompanyVulcan Detinning Company
Certificate Type
Common Stock
Date Issued
August 14, 1935
Canceled
Yes
Printer
American Bank Note Company
Signatures
Machine printed
Approximate Size
11 3/4" (w) by 7 3/4" (h)
Images
Show the exact certificate you will receive
Guaranteed Authentic
Yes
Additional Details
NA
Historical Context
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.
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