Beautifully engraved Certificate from the Rio Grande Valley Gas Company issued no later than 1968. This historic document was printed by the Security Banknote Company and has an
ornate border around it with a vignette of and oil scene with a burning natural gas flame. This item has the printed signatures of the companies officers and is
over 27 years old.
In September 1993, Southern Union Company acquired the Rio Grande Valley Gas
Company ("Rio Grande") for approximately $30,500,000 (the "Rio
Grande Acquisition"). Rio Grande currently serves approximately
75,000 customers in the south Texas counties of Willacy, Cameron
and Hidalgo which includes 32 towns and cities along the Mexico
border, including Harlingen, McAllen and Brownsville (the
southernmost city in the continental U.S.). The Company
initially funded the purchase with borrowings from its revolving
credit facility which were subsequently repaid with proceeds from
the sale of the Senior Debt Securities and the Rights Offering.
See "MD&A -- Liquidity and Capital Resources."
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All Old Stock and Bond
Certificates are actual authentic certificates and are sold only as collectibles.
We do not sell reproductions and offer a lifetime guarantee to the
authenticity of everything we sell.