Pennsylvania Salt Manufacturing Company
Issued: 10/17/1938 • Serial No: #35797 • Registry Entry #3
Certificate Issuance Registry Log
This exceptional mid-century security certificate features a striking, geometric Green border frame executed with high-security intaglio steel engraving matrices by the American Bank Note Company, Philadelphia. Established and incorporated in 1850, the Pennsylvania Salt Manufacturing Company was a premier American industrial chemical powerhouse.
This specific certificate (#35797) was officially issued on October 19, 1938 for 25 shares at a par value of $50 each out of a total corporate capitalization threshold of $7,500,000. It was issued directly to the legendary Wall Street brokerage house E. A. Pierce & Co. (the primary predecessor firm to Merrill Lynch). The face bears the signatures of the President and Treasurer, alongside a clean countersign verification stamp from the Girard Trust Company on October 19, 1938.
Surface Engraving & Historical Condition
The lower-center margin features a prominent architectural vignette displaying a historical profile silhouette framed within a bold Pennsylvania Keystone state crest symbol. The right border contains a specialized vertical numeral punch grid matrix for auditing share tiers.
Reverse Endorsement & Philatelic Variants
The reverse backing maps out a rapid legal transaction. On October 20, 1938, E. A. Pierce & Co. formally signed and endorsed the certificate, assigning the share blocks over to (Mrs.) Henrietta A. S. Ingersoll, living at the prestigious 1815 Walnut Street address in Philadelphia.
To legally clear the stock volume transfer within the state, three matching fiscal stamps were affixed and hand-canceled:
- State Revenue Tenders: Three 2-cent blue Commonwealth of Pennsylvania Stock Transfer Tax stamps, each displaying the engraved portrait architecture of the state capitol building.
- Perforation Security: The right-hand backing features an elegant, circular pin-hole perforation matrix stamp validating the document’s legal cancellation pipeline.







