Empire Steel Corporation stock certificate 1929 (Mansfield Ohio) - green preferred shares

Steel manufacturing historical collectible. Plain cert but nameplate is in fancy font. Issued and cancelled. Dated 1929. Unusual star-shaped cancellation stamp to the right.  Measures approximately 11.5 x 8 inches. Green border. Preferred (shares) underprint.

In 1928, the Thomas Sheet Steel Company, Empire Steel Company, Falcon Steel Company, Ashtabula Iron & Steel Company and Mansfield Sheet & Tinplate Company were merged to form the Empire Steel Corporation with headquarters in Mansfield, Ohio.

As the depression set in, the Thomas Mill and the Empire Mill, both recently refurbished but with aging equipment, were early casualties —idled in 1930 and dismantled in 1934 by the Empire Steel Corporation, which by 1937 was itself out of or going out of business. Somehow, they managed to limp through the Depression with government contracts until demand shot up for World War 2.

In the postwar years raw materials, especially steel, were still hard to obtain and therefore, Studebaker purchased the Empire Steel Corporation of Mansfield, Ohio in 1947. The Empire Steel Corporation, owned by the Studebaker Corporation of South Bend, Ind., since December 1947, was sold in December 1949 to the Rema Company.

Known as "Manufacturers of special finish sheet steel for automobiles, metal furniture, electrical and vitreous enameling, galvanized and tin mill black products."

Product descriptions and images

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