Standard Hub and Block Company stock certificate circa 1892 (Pennsylvania)

Antique bicycle collectible.  Very nice vignette of an interpreted Pennsylvania state seal.  Unissued and not cancelled. Dated 18__ but circa 1892 from incorporation records. Measures approximately 11.5 x 8 inches.

The Standard Hub and Block Company was based in Philadelphia PA and had operations in Indianapolis IN about one hundred men and the amount paid weekly in wages to about $1,200. The company produced machined bicycle parts. The "hub and block" most commonly refers to a coaster brake hub, an internal braking system for single-speed bicycles. The "block" is a component inside the hub that engages a braking surface when you pedal backward, using friction to slow the wheel. 

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