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Utah Resources International Inc Stock Certificate

Utah Resources International Inc Stock Certificate

Regular price $29.99 USD
Regular price Sale price $29.99 USD
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Are the certificates authentic?

Yes, all of the certificates we sell are authentic stock and bond certificates unless otherwise mentioned in the description. At one point in time, this certificate represented a share of of the company, or a bond receipt. These certificates have been removed from circulation and digitalized, as seen by cancellation holes, stamps and writing on the certificate. We offer these certificates as a collectable item, not a security.  

 

This is a green stock certificate from Utah Resources International Inc, issued in 1970 with cancellation stamps and signatures.

In one of the largest acquisition proposals in the nation's history, General Electric Company, the nation's largest maker of electric products and power equipment, announced plans to take over Utah International Inc., a major U.S. mining company. The merger, valued at approximately $1.9 billion, represented the first diversification effort in GE's 83-year history, moving into the natural resources field, particularly coal and uranium mining, which were Utah International's major operations. The merger was to be a tax-free exchange of stock, subject to approval by both companies' directors, shareholders, and the government.

Utah International, based in San Francisco, was a leading producer of metallurgical coal, iron ore, copper, uranium, and steam coal. The proposed merger aimed to combine GE's global experience with Utah International's resources to participate successfully in the natural resources industry worldwide.

Materials and care

Here are some quick tips to preserve your certificate for decades to come. 

Paper quality: Stock certificates were printed on a variety of certificate paper dating back to the mid 1800s. Most of these vintage collectable certificates have signs of used & wear , cancellation holes, pencil / pen writing, stamps, staples, adhesives, slight rips, missing coupons and other features. 

Handling: Always handle the certificate with clean, dry hands or use cotton gloves to avoid transferring oils and dirt from your skin onto the paper.

Storage: Store the certificate in a cool, dry place away from direct sunlight, which can cause fading. Use acid-free folders or archival-quality plastic sleeves to protect it from moisture, dust, and physical damage.

Framing: If displaying the certificate, use a frame with UV-protective glass to prevent light damage. Ensure the certificate is mounted using acid-free materials to avoid any chemical reactions that could degrade the paper over time.

Avoid Exposure: Keep the certificate away from direct sun, extreme temperatures and humidity, which can cause the paper to warp or deteriorate. Avoid exposing it to pollutants, such as smoke or chemicals, which can cause discoloration.

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