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Archives International Auctions - Sale AIAXXXII
50
April 11,2016
Archives International Auctions
www.archivesinternational.comSCRIPOPHILY - OIL
Pennsylvania
318
318 West Hickory Oil Co. of Harmony. 1865.Pennsylvania. 1 Shrs Stock
Certificate. Issued. Revenue stamp at left. Very Fine. ������������������Est.
$130-230
SCRIPOPHILY - OIL & GAS
New York
319
319 Genesee & Venango Petroleum Co. 1865.New York. 32 Shrs Stock
Certificate. Revenue stamp at right. Issued. Very Fine.����������������Est.
$200-400
320
320 Roberts Petroleum Torpedo Co., 1865 Stock Certificate Signed
by Roberts - Pioneer Fracking Company.
New York, April 11th,
1865, 100 Shares, I/U stock certificate, Oil wells in middle, left with
exploding torpedo down drilling shaft, S/N 8, ITASB Walter B. Roberts,
In 1864, Dr. Walter Brooke Roberts, a New York dentist, was offered
the opportunity to buy stock in a Pennsylvania oil well which turned
out to be a complete fraud. Dr. Roberts returned from the Pennsylvania
oil fields totally convinced that there was money to be made in oil, and
he discussed the matter with his brother, Colonel E. A. L. Roberts. At
this point Colonel Roberts told him of an invention he was working
on, an explosive torpedo designed to restore the flow of wells that were
no longer producing, and to increase the production of wells that were
producing. The brothers immediately agreed to organize the Roberts
Petroleum Torpedo Company. The torpedo consisted of a long metal
cylinder filled with gunpowder and attached to a steel cable, and was
carefully lowered into the well. When it reached the bottom a metal
weight was dropped down the wire to set off the charge. The first test
was a major success. Rare pioneer fracking company and historic stock
certificate.��������������������������������������������������������������������������������������Est.
$300-600
Pennsylvania
321
321 Burning Spring Oil Co. Issued Stock.Pennsylvania, 1864, 200 Shares,
Issued and Uncancelled Stock, #12, Black print with black border and
green seal bottom left, Vignette of early oil rig operation top left with
man taming horse mid left, VF-XF condition. ����������������������������Est.
$130-260
322
322 Monitor Oil Co. 1865 Stock Certificate.Venango County,
Pennsylvania, 1865, 100 Shares, #412, I/U stock certificate, Black with
no underprint, Oil wells, barrels, railroad and harbor scene in middle,
Patriotic standing Liberty on globe with flag on right and ornate
counterfoil with eagle and U.S. Revenue stamp on left, VF condition.
Scarce Pennsylvania oil company. ������������������������������������������������Est.
$130-260
323
323 National Petroleum Association. 1886.Pennsylvania. 1/100 Shrs in
22 Acres pf the Anderson Farm. Signed and dated but not named. Stain
at right end. Fine. ��������������������������������������������������������������������������Est.
$130-260