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1911 Transcontinental Oil Company stock #72 10000 shares Marathon very rare

$ 147.83

Availability: 100 in stock
  • All returns accepted: ReturnsNotAccepted

    Description

    This is a very rare stock certificate for the Transcontinental Oil Company.Stock # 72 for 10,000 shares.Belonged to Charles F. Eddy.Hand signed by president and treasurer.Has tears along folds.Still look great framed and very rare.Please see my other for sale!!
    Ohio Oil had been involved in numerous successful oil
    production ventures and found they needed even more retail outlets for their
    products. In 1930 Ohio Oil purchased Transcontinental Oil,
    a refiner/marketer
    that had marketed gasoline under the trademark,
    Marathon,
    the Pheidippides
    (Greek Runner) trademark and the
    Best in the long run
    slogan since 1920. They
    had acquired the brand from a Pittsburgh operation, Riverside Oil Company that
    we believe to be a forerunner of Republic Oil Company. Transcontinental sold
    gasoline under the Marathon name across the Midwest and South, from North
    Carolina to New Mexico. Transcontinental can best be remembered for a
    significant “first” when in 1929 they opened several Marathon stations in Dallas,
    Texas, in conjunction with Southland Ice Company’s
    “Tote’m”
    stores (later 7
    -
    Eleven)
    creating the first gasoline/convenience store tie-
    in