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UV Industries Inc Stock Certificate

UV Industries Inc Stock Certificate

Regular price $9.99
Regular price Sale price $9.99
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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 UV Industries Inc, issued in 1975. It features cancellation holes, stamps, and writing, indicating its authenticity and historical use.

The U.S. Smelting Refining and Mining Company was formed in 1906, mining ore in Midvale, Utah. The company was also the parent company of the Utah Railway. In 1972, the company changed its name to UV Industries, Inc., to better reflect its diversified nature and to signal that mining was no longer its core business.

Between 1908 and 1972, UV Industries, Inc. was known as the United States Smelting, Refining, & Mining Company.

As early as September 1976, Victor Posner's Sharon Steel Company held as much as 20 percent of UV Industries' stock. By late 1978, he had accumulated 22 percent and continued his attempt at control of the company. In response to Posner's hostile takeover attempts, UV Industries announced plans to sell its most profitable subsidiary, Federal Pacific Electric Company, and to liquidate its assets.

On January 19, 1979, UV Industries announced its liquidation plan. Two months later, the company sold its Federal Electric subsidiary to Reliance Electric for $345 million in cash. By October 2, 1979, UV had sold its oil and gas properties to Tenneco Oil Company for $135 million in cash. In November 1979, UV sold the United States Fuel mine at Hiawatha, the Utah Railway, and other assets to Sharon Steel Company, completing its dismantling.

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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