Description: Unissued General Stock. Eagle on rock vignette. Franklin Lee Division-American Bank Note Co. Lukens Steel Company, located in Coatesville, Pennsylvania, is the oldest steel mill in commission within the United States. In 1995, it was one of the three largest producers of plate steel and the largest domestic manufacturer of alloy-plate. It is ranked fourth out of 24 public steel corporations in profitability, earning 14.8% equity five years in a row. The company produces carbon, alloy, and clad steel plates along with stainless steel sheets, strips, plates, hot bands, and slabs. Isaac Pennock established The Federal Slitting Mill in 1793 on Buck Run, a stream about four miles south of Coatesville, Pennsylvania. After receiving a loan in 1810, Pennock went into a partnership with Jesse Kersey to form Brandywine Iron Works and Nail Factory. Kersey's father-in-law was Moses Coates, a member of the founding family of Coatesville. After seven years as partners, Pennock bought Kersey's share of the business and then leased it to his son-in-law, Dr. Charles Lloyd Lukens. The following year the mill became the first in the United States to produce boilerplates and soon joined the shipbuilding industry. In 1818, Lukens produced the iron for the first iron-hull vessel in the United States. Dr. Charles Lloyd Lukens died in 1825, leaving the steel mill to his wife Rebecca Lukens. This inheritance made Rebecca Lukens the first woman in the United States to be a part of the iron industry. She was also the first female chief executive officer of an industrial company. She became a huge icon for the steel mill when she saved it from bankruptcy by making the company the nation's chief producer of boilerplates. They were sent to England to be used in some of the first railway locomotives. Read more at https://en.wikipedia.org/wiki/Lukens_Steel_Company Item ordered may not be exact piece shown. All original and authentic.
Price: 5 USD
Location: Portsmouth, New Hampshire
End Time: 2024-01-19T21:11:40.000Z
Shipping Cost: 6.25 USD
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