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1911 Transcontinental Oil Company stock #72 10000 shares Marathon very rare
$ 147.83
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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