Lot 45: Buy stock in California Oil Co. 1902

PBA Galleries

PBA Galleries

2016-01-13 11:46:06

Lot 45: Author: N/A; Title: Four pieces of ephemera relating to the Crescent Oil Company of California; Place Published: Various places; Publisher: N/A; Date Published: 1902; Description: Includes: Printed letter from The American Investment Company to "Our Patrons and to Investors" offering "one of the surest and best money-making investments on the market today, in the stock of the Crescent Oil Company of California..." 1 page. August 23, 1902.Article reprinted from the August 2, 1902 issue of the Advance-Courier of Summerland, Cal., "Deep Oil Well Started: The Crescent Oil Company Begins Operations on Ortega Hill with a sixteen-in stovepipe casing..." 1 page.Article reprinted from the July 25, 1902 issue of the Pacific Oil Reporter, "Oil on Steamships: How Liquid Fuel is Taking the Place of Coal on the Coast...," with a footer noting the boost to "the success and value of oil as fuel... If you want to invest in one of the strongest and best oil companies in California today, buy the stock of The Crescent Oil Co..." 2 pages on both sides of single sheet.Prospectus for the Crescent Oil Company, offering stock at only 15 cents per share, "Great Profits Are Assured," with description of the company and its oil fields, its officers, etc., with 4 illustrations from photographs. 4 pages, on single folded sheet. August 20, 1902.The Crescent Oil Company had fields in Santa Cruz County, Kern County, the McKittrick District, on the coast near Santa Barbara, etc. Condition: Very good condition. PBA Galleries' Sale 578: Americana, Travel/Exploration, Cartography, African/Asian Americana and Directories Thursday, 28th January 2016 Estimate: $500-800
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