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1934 Lehigh Coal & Navigation Company |
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Stock Code LCN01 |
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Certificate
issued to Montgomery, Scott & Co., dated
19th March 1934 for 3 shares of
Common Stock without par value.
The certificate
has the actual handwritten signature of the Vice President of
the company. Ornate orange border. Vignette of the
company's founders at the top of the certificate. On the rear is reference to the transfer of the
stock to Edwin A Heller, 271 South 15th St.,
Philadelphia, Pennsylvania
Certificate size is 17.5 cm high x 28 cm wide (7"
x 11.5"). It will be mounted in a mahogany frame, with
gold inlay, size 31 cm high x 39 cm wide.
The certificate is
shown unframed as all items are mounted to order.
About The Company |
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Framed Price : £60.00
Unframed Price : £20.00 |
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UNFRAMED :
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relevant button below to include shipping to your country. Only one
shipping charge is required for unframed certificates,
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About The Company
Philip Ginter discovered anthracite in
the Panther Valley at Summit Hill in 1791. The Panther Valley is at the
eastern end of the Southern Field of the Pennsylvania anthracite region.
That coal region extends 70 miles west of Jim Thorpe (also known as Mauch
Chunk), county seat of Carbon County, to just north of Harrisburg in Dauphin
County.
Organized mining began in 1820 and in
1822, Josiah White started digging coal from land that is today the property
of LC&N. White's enterprise, which later became the Lehigh Navigation Coal
Company, ("LC&N") was known locally as "the old company." The anthracite
mined was "Lehigh coal."
The name Old Company's Lehigh
continues in use today as the trademark of LC&N and is recognized in the
industry as the stamp of quality in hard coal.
Production at LC&N peaked in 1919,
when 11,000 employees mined and produced 5 million tons of coal, all by
underground mining methods. After World War II, national demand for coal
declined and the emphasis shifted to surface mining methods. The last deep
mine at LC&N closed in 1960.
The original Lehigh Coal & Navigation
Company was dissolved in 1965, the property was sold to Greenwood Stripping
Company in 1967, and then to Bethlehem Steel Corporation in 1974.
The Lehigh mines were operated by
Bethlehem Steel Company, one of the leading steel producers in the United
States, until 1989, when the present owner purchased the property and
incorporated again as Lehigh Coal & Navigation Company.
The coal property comprises 8,000
contiguous acres and holds over 100 million tons of surface mineable
resources. Throughout its many regimes, the property has remained intact
and has many, many years of mining left in it.
Source: oldcompanyslehigh.com |
