Okonite Co. - Stock Certificate
Inv# SE2771 Specimen Stock
New York
Texas
Specimen Stock printed by American Bank Note Company.
The Okonite Company is an American manufacturer of insulated wire and cable.
The company was founded in 1878 by John Haven Cheever, as the New York Insulated Wire and Vulcanite Company and took its present name in 1885. Its original premises were in Passaic, New Jersey. Some of its earliest customers included Samuel Morse and Thomas Edison. Charles A. Cheever (1852-1900) was its President for some time.
Its products have been used in Pearl Street Station (the first generating station built in the United States, opening in 1882), the lighting of the Statue of Liberty, and more recently in One World Trade Center.
"Okonite" was originally a material made from the residue produced when distilling the mineral wax Ozokerite, mixed with rubber, and used as an electrical insulator.
In 1965 the company was acquired by James Ling.
In June, 1976, Okonite became owned by its employees through an Employees' Stock Ownership Trust.
The company is headquartered in Ramsey, New Jersey with six manufacturing plants located around the continental United States.
The company manufactures insulated wire and cable ranging from 300V to 345,000V with applications including Instrumentation, Power and Control, Medium Voltage, and High Voltage circuits. These cables are manufactured with a variety of insulating and jacketing materials including Okoguard® EPR, laminated polypropylene paper (LPP), and other thermosetting and thermoplastic compounds.
Stock and Bond Specimens are made and usually retained by a printer as a record of the contract with a client, generally with manuscript contract notes such as the quantity printed. Specimens are sometimes produced for use by the printing company's sales team as examples of the firm’s products. These are usually marked "Specimen" and have no serial numbers.
Ebay ID: labarre_galleries