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Société d’Industrie de Naphte et de Commerce “A. I. Mantacheff et Cie.”

Нефтепромышленное и Торговое Общество “А. И. Манташевь и Ко”
“A. I. Mantashev and Co” Petroleum and Trade Company
Other city spellings: St.-Pétersbourg, Petrograd, Pétrograde

Formed in 1899 with head office in Tiflis, later moved to St. Petersburg. Initial capital was 11,000,000 roubles in shares of 250 roubles. Capital was increased in 1913 to 20,000,000 roubles. Later in 1913, all shares were converted to 100 roubles (2 x 250 rouble shares for 5 x 100 roubles shares). Russian General Oil Corporation Limited (a British company) owned the majority of shares.

1899

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REF. NO. DENOMINATION DESCRIPTION NO. ISSUED CONDITION VALUE
1899, 1st issue, 44,000 shares, serial #00001 – 44000
101 1 share ? ? – £-
 Image courtesy of Boone Shares
102 10 shares 1909, replacement certificate, red ?
#18821-30		 EF €1287, Boone
Oct 21
1913, 2nd issue, 36,000 shares, serial #440001 – 80000
105 1 share brown 36,000 – £-
1913 conversion issue, 200,000 shares, serial #000001 – 200000
108 1 share brown, with coupons 200,000?
#175136		 VF £-

Description

The company was founded in 1886 by Alexander Ivanovitch Mantaschev (1842-1911), a man of Armenian origin and son of a textile merchant. He became one of Russia’s leading men in the oil industry, together with the Nobel and Rothschild families. His firm was converted to a limited company in 1899 to attract outside capital. The company headquarters were in Tiflis, but the oil installations, including two refineries, were located in Baku. The company’s 1909 turnover amounted to 6.5 million roubles.

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