Socony Mobil Oil Bond 1963 (Now Exxon Mobil)

Socony Mobil Oil Bond 1963 (Now Exxon Mobil)

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Socony Mobil Oil Bond 1963 (Now Exxon Mobil)

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Beautifully engraved Certificate from the Socony Mobil Oil Company issued in 1963. This historic document has an ornate border around it with a vignette of a woman between two worlds. This item has the printed signatures of the Company’s Officers and is over 40 years old. Mobil Oil traces it roots to the late 19th century, when American industry was booming in numerous sectors - steel, railroads and banking, to name a few. The nation's young petroleum industry picked up the pace, too, to meet the growth in demand for kerosene, lubricants and greases. John D. Rockefeller acquired a diversity of petroleum interests during that period and, in 1882, organized them under the Standard Oil Trust. That same year marked the incorporation of two refining and marketing organizations Standard Oil Company of New York(Sacony) were the predecessor company of Mobil. For Mobil Oil, the remainder of the century was a time of expansion beyond America's shores. Large "kerosene clippers" enabled overseas shipments of products in bulk quantities. Affiliates and sales offices of the two companies spread across Europe and Asia. Standard Oil's MEI FOO kerosene lamps introduced illumination across China and opened a vast new market. In 1911, the U.S. Supreme Court ordered the dissolution of the Standard Oil Trust, resulting in the spin-off of 34 companies, including Jersey Standard and Socony. In the same year, the nation's kerosene output was eclipsed for the first time by a formerly discarded byproduct - gasoline. The growing automotive market ultimately inspired the product trademark Mobiloil, registered by Socony in 1920.

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Item Details:

  • Reference #
  • moboil
  • Quantity
  • 1
  • Category
  • Coins & Currency
  • Department
  • Antiques
  • Year
  • See Description
  • Dimensions
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