POOR & COMPANY Stock 1929 (Oct 3) Est 1904 Train Rails Est 1929 NYC by Fred Poor

Description

Poor & Company. Stock issued October 3, 1929. Incorporated in 1928
in the State of Delaware. Embossed company seal lower center. Certificate No. NO1062 was issued to Libaire & Company for 25 shares of
Class B
capital stock. Hand signed by company vice president and assistant secretary. Certificate is about 7.5” x 11.5.” Black print with orange overprint/underprint.
Vignette with a head-on view of railroad tracks between two allegorical men.
In 1904 the Continuous Rail Joint Company was founded in Canada. In 1905, the company merged with Weber Rail Joint Company and Independent Supply Company of Chicago to form the Rail Joint Company of New York. The company manufactured iron rails and other railroad products in South Troy, New York. In 1929, the company was purchased by former Rail Joint Company employee, Fred Poor, and renamed Poor and Company. In 1968 Poor and Company changed its name to Portec, Inc.
Condition:  Very Fine++
, one light center fold, minor creasing, no tears, minor signs of wear/handling/toning (see photos), punch
cancelled.
Printer:
Columbian Bank Note Company.
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