Wellington Oil Company of Delaware Specimen Stock Certificate

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Wellington Oil Company of Delaware Specimen Stock Certificate - Now Texaco

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Our Price: $124.00

Vintage Collection

Product Code: SPEC12

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Description

Extended Information

This Wellington Oil Company specimen stock certificate was printed in the 1930s. The Wellington Oil Company of Delaware was founded in 1936 upon the merger of the Wellington Oil Company and Santa Clara Oil and Development Company of Texas. Wellington was based out of San Antonio, Texas. In 1942 Wellington was purchased by Seaboard Oil Company which was later purchased by the Texas Company (Texaco) in 1958.

Features the printed signature of President John T. O'Neil.

About Specimens:
Specimen stock certificates are certificates that were archived by printers and the company as perfect examples of the company’s stock issue. Specimen’s can be identified by their “specimen” stamp, stamped holes spelling “specimen”, or they are often issued with a serial number of a series of zeros. Often, they are also issued with no serial number at all. Specimens can also represent a design that was never issued. All of these attributes make the specimen stock certificate rarer than the issued version of the share. Many enthusiasts collect specimens as a whole new category of Scripophily.