Imperial Royalties Company Stock Certificate (Kansas City & Tulsa Express Trust)

Description

Imperial Royalties Company Stock Certificate
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Imperial Royalties Company was incorporated in Oklahoma in 1920, and was a statutory business trust engaged in a general oil and gas royalty business. The company had offices in Kansas City, Missouri and Tulsa, Oklahoma.
In 1934, the company accused Trustee John Horn (who has signed this piece), of misappropriating funds believed in excess of ten millions dollars. Claiming that he used these funds to acquire an estate (known as the Horn-Vincent-Russell Estate) in Mission Hills, the Imperial Royalties Company filed a claim against the property. However, the Johnson County Court dismissed the action against the property as its ownership was apparently filed in the name of Phoebe T. Horn, who was not a defendant in the suit.
In 1937, the company’s assets were sold to the Toklan Royalty Company.
Frequently Asked Questions:
Is the certificate in this listing, the exact piece I will receive?
For this listing - no, t
he images are representative. We do this when multiple quantities are being offfered. You will receive a certificate in similar condition; however dating, denomination, certificate number and issuance details may vary.
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