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Higgins Wonder Oil Company, 1914 Spectacular Bond Signed by Pattillo Higgins as President.

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:700.00 USD Estimated At:1,000.00 - 2,000.00 USD
Higgins Wonder Oil Company, 1914 Spectacular Bond Signed by Pattillo Higgins as President.
SOLD
2,700.00USDto R******d+ buyer's premium. + applicable fees & taxes.
This item SOLD at 2019 May 14 @ 18:10UTC-4 : AST/EDT
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Houston, Texas, 1914, $100, Issued and uncancelled, black on orange underprint and borders, patriotic eagle flanked by photo vignettes of Patillo Higgins, Sr. President, "Discoverer the Great Beaumont Oil Field" and Higgins Junior on right "Age Four Years, Preparing For Future President", Certificate # 381, Allegorical liberty with Texas arms on bottom. Coupons attached at left, VF condition. another rare, attractive and a centerpiece for any advanced collection. R.M. Smythe sold a $10 bond in 2001 for $5775, this is the first $1oo bond the cataloger has seen. Self-taught geologist Patillo Higgins became known as the ÒProphet of SpindletopÓ a decade after founding his Gladys City Oil, Gas & Manufacturing Company in 1892. He was instrumental in discovering the world-famous Spindletop oilfield at Beaumont, Texas. Although Higgins had left the company, he wisely retained some leases at Spindletop field. He subsequently formed the Higgins Oil and Fuel Company and then the Higgins Wonder Oil Company, which drilled actively in Chambers, Wilson, Bexar, and Gonzales counties, Texas, in 1916-1918. Rare, dramatic and historic bond.