Petro-Lewis Corporation (Specimen)

Petro-Lewis Corporation (Specimen)
Item# 4060petrolewisbl
$35.00

Petro-Lewis Corporation was an oil and gas drilling concern that was incorporated in Colorado.

In 1985, the Securities and Exchange Commission charged that the Petro-Lewis Corporation defrauded its shareholders and investors in an elaborate Ponzi scheme involving the company’s limited oil and gas partnerships. The SEC charged that Petro-Lewis issued false statements and failed to file proper reports with the Government. While neither admitting nor denying guilt, Petro-Lewis agreed to a consent order, which barred it from committing further violations.

The company filed for Chapter 11 protection in 1986 while involved in talks to be purchased by Freeport-McMoran Inc. The company eventually became part of Sunoco.




Close Up of Vignette:




Certificate: Common Stock, specimen, late 1900’s

Printer: Security-Columbian / United States Bank Note Company

Dimensions: 8” (h) x 12” (w)

State: Co-Colorado

Subject Matter: Oil Companies | Natural Gas Companies | Specimen Pieces

Vignette Topic(s): Male Subject | Skyline Scene | Oil Refinery Featured

Condition: No fold lines, punch hole and stamp cancels in the signature areas and body, very crisp.





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