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Lone Star Industries, Inc.  

Lone Star Industries, Inc.

Product #: lonstarininc

Normal Price: $99.95
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PRODUCT DESCRIPTION  
Beautifully engraved warrant certificate from Lone Star Industries issued in 1994. This historic document was printed by the American Banknote Company and has a vignette of an allegorical woman holding a flame and standing on a map of the United States, and the comany's logo. This item has the printed signatures of the Company's Chairman of the Board (David W. Walker) and Secretary ( John Martin ).







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Lone Star Industries, Inc. was incorporated in 1919 as International Cement Corporation in Maine. In 1936, the company changed its name to Lone Star Cement Corporation. Its state of incorporation was changed to Delaware in 1969, and in 1971 than name was again changed to Lone Star Industries Inc. Now the largest domestically owned company of its kind in the nation, Lone Star had net sales of approximately $357.6 million in 1997. Lone Star Industries is a subsidiary of Germany-based Dyckerhoff.

Lone Star's cement operations consist of five Portland cement plants in the Midwest and Southwest, a slag cement grinding facility in New Orleans, LA and 25 percent interest in Kosmos Cement Company, which owns and operates one Portland cement plant in Kentucky and one in Pennsylvania. The company's ready-mix concrete business operates several facilities in the Memphis area.

All of Lone Star's five Portland cement plants are fully integrated from limestone mining through cement production. The cement plants are in Cape Girardeau, MO; Pryor, OK; Oglesby, IL; Greencastle, IN; Maryneal, TX. The company estimates that it has limestone reserves sufficient to support operation of these plants at current levels of production for 30 to 100 more years. The company's five wholly owned cement plants produced approximately 3.9 million tons of cement in 1997, approaching the rated capacity of the plants. The New Orleans facility produced 190,000 tons of slag cement during 1997.

Lone Star operates 15 cement distribution terminals in 10 states. Cement terminals receive bulk cement from their respective source plant by barge, rail or truck, depending on distance and location. Cement is stored in silos at the terminal until it is loaded out to fill a customer order or packaged for distribution through the same customer channels. Four of the plants and seven distribution terminals have packaging facilities.

Lone Star has almost 700 employees, and their dedication continues to be one of Lone Star's most valuable assets.

Product #: lonstarininc

Normal Price: $99.95
Our Sales Price: $79.95

(You Save: 20%)

Qty:
 

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WASHINGTON, DC / NEW YORK - Scripophily.com / Old Company Stock and Bond Research Service owns and operates the Old Stock & Bond Research Archives from Herzog & Co., Inc (formally RM Smythe research) which was acquired from John Herzog, founder of the Museum of American Finance and past Chairman of RM Smythe & Co. This acquisition included all RM Smythe Research archives, publishing rights and copyrights on obsolete research reference material published by the Marvyn Scudders Manuals, the Robert D. Fisher Manuals, and the Herzog & Co., Inc. obsolete research services.  The old stock research services have been performed continuously since 1880. 

Scripophily.com / Old Company Research Service was founded by Internet Pioneer, Bob Kerstein, CPA who is a member of the American Institute of Certified Public Accountants, Chartered Global Management Accountants,  California Society of Certified Public Accountants, and the Virginia Society of Certified Public Accountants.  We have been collecting and selling old stock and bond certificates since 1990. Scripophily.com started operating on the Internet in January 1996 with the goal to promote the history of old companies and help educate everyone about the wonderful hobby of collecting stock and bond certificates called Scripophily. 

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