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1865 SHERMAN & BARNSDALL OIL CO. Stock Certificate Civil War Oil
1865 SHERMAN & BARNSDALL OIL CO. Stock Certificate Civil War Oil

1865 SHERMAN & BARNSDALL OIL CO. Stock Certificate Civil War Oil

$ 15.81

Availability: 100 in stock
  • Country/Region of Manufacture: United States
  • Refund will be given as: Money Back
  • Condition: VG-F
  • All returns accepted: Returns Accepted
  • Restocking Fee: No
  • Return shipping will be paid by: Buyer
  • Item must be returned within: 14 Days
  • Modified Item: No
  • Circulated/Uncirculated: Issued/ink cancelled

    Description

    1865 Sherman & Barnsdall Oil Company Stock Certificate
    Formed in 1865 to consolidate oil wells around Titusville, PA, the birthplace of the oil industry! Fantastic Civil War-era oil stock with one revenue stamps (
    R48)
    on front! Great vignette of an early oil scene.
    In 1862, the Barnsdall well struck oil and 100 barrels
    flowed
    per day. Barnsdall and Atkinson owned one third of the land interest and all of the working interest. Having thus begun in 1862, the development of their own leases, they followed it up in 1863 with a well on the Fleming farm which flowed 300 barrels per day from the start. On the very day of the Fleming well, Atkinson completed a 50 barrel pumping well on the bluff in the rear of the Sherman well. In 1865, the Sherman-Barnsdall Oil company was formed to consolidate interests of the wells around Titusville PA.
    Issued May 8, 1865. Certificate ink cancelled and in VG-F condition