-40%
PENNZOIL UNITED INC.....CONVERTIBLE SUBORDINATED DEBENTURE DUE 1996

PENNZOIL UNITED INC.....CONVERTIBLE SUBORDINATED DEBENTURE DUE 1996

$ 2.87

Availability: 100 in stock
  • Circulated/Uncirculated: Circulated
  • All returns accepted: Returns Accepted
  • Restocking Fee: No
  • Return shipping will be paid by: Buyer
  • Refund will be given as: Money Back
  • Item must be returned within: 14 Days

    Description

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    Pennzoil
    is an oil company founded in
    Los Angeles, California
    in 1913. In 1955, it was acquired by
    Oil City, Pennsylvania
    company South Penn Oil, a former branch of
    Standard Oil
    . In 1963, South Penn Oil merged with
    Zapata Petroleum
    ; the merged company took the Pennzoil name. During the 1970s, the company moved its offices to
    Houston
    ,
    Texas
    . In 1977 a spin-off company was formed called Pogo, which stood for Pennzoil Offshore Gas Operators.
    [
    1
    ]
    Pennzoil was then headquartered in
    Pennzoil Place
    in
    Downtown Houston
    .
    [
    2
    ]
    In 1998, the company merged with onetime rival Quaker State to form Pennzoil-Quaker State. In 2002, the
    Royal Dutch/Shell Group
    purchased Pennzoil-Quaker State to form
    SOPUS
    --
    S
    hell
    O
    il
    P
    roducts
    US
    .
    5 &1/4% CONVERTIBLE SUBORDINATED DEBENTURE DUE 1996..Certificate Number RM12479....Issued March 30,1971.......In the amount of ,000.......In favor of  Field & Co ......Trustee's Authentication Certificate by Franklin National  Bank.....Certificate printed by American Bank Note Company.......Attractive orange border with a very nice vignette featuring a seated man holding test tubes with oil rigs in the background...
    (02051621670)
    .
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