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Atlas Powder Co., 1912 Specimen Stock Certificate

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:120.00 USD Estimated At:160.00 - 280.00 USD
Atlas Powder Co., 1912 Specimen Stock Certificate
SOLD
120.00USD+ buyer's premium + applicable fees & taxes.
This item SOLD at 2021 Dec 07 @ 16:25UTC-5 : EST/CDT
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Delaware, ND (1912). <100 Shares Specimen Voting Capital Stock Certificate, Black text with light green border and underprint, Atlas depicted at top left corner. Red specimen overprints, 0000 serial number, and POCs. XF condition, RBN. In 1911, the United States won a lawsuit that it had brought against the Du Pont corporation under the Sherman Antitrust Act. The U.S. Circuit Court in Delaware found that Du Pont had been operating an unlawful monopoly, and ordered a breakup of its explosives and gunpowder manufacturing business. The breakup resulted in the creation of two new companies in 1912, Atlas Powder Company and Hercules Powder Company. Atlas received the explosives manufacturing portion of Du Pont's business (including the facilities acquired from the Giant Powder Company), while Hercules received the gunpowder portion. Historic Gun powder and explosives company stock certificate.