{"product_id":"vintage-1990s-sun-distributors-stock-certificate-class-b-sunoco-american-bank-note","title":"Vintage 1990s Sun Distributors Stock Certificate 📜 Class B Started by Sunoco, American Bank Note Engraved","description":"\u003ch2\u003eTicker SDPB, From Sunoco to Hillman 📜 A Vintage 1990s Sun Distributors L.P. Class B Depositary Receipt\u003c\/h2\u003e\n\u003cp\u003e\u003cstrong\u003eSize:\u003c\/strong\u003e 12\" x 8\"\u003c\/p\u003e\n\u003cdiv style=\"max-width:315px;margin:0 auto 20px;\"\u003e\u003cdiv style=\"position:relative;padding-bottom:177.78%;height:0;overflow:hidden;\"\u003e\u003ciframe src=\"https:\/\/www.youtube.com\/embed\/KzGUiroSSdo\" style=\"position:absolute;top:0;left:0;width:100%;height:100%;\" frameborder=\"0\" allow=\"accelerometer;autoplay;clipboard-write;encrypted-media;gyroscope;picture-in-picture\" allowfullscreen\u003e\u003c\/iframe\u003e\u003c\/div\u003e\u003c\/div\u003e\n\n\u003cp\u003eA real, issued CLASS B DEPOSITARY RECEIPT FOR CLASS B LIMITED PARTNERSHIP INTERESTS IN SUN DISTRIBUTORS L.P., engraved by the American Bank Note Company in green: a woman in classical dress seated with a globe between rolling hills and a modern skyline, a green S panel at the side, CUSIP 866692 20 5, and THIS DEPOSITARY RECEIPT IS TRANSFERABLE IN NEW YORK, N.Y. AND CLEVELAND, OHIO. The depositary, registrar and transfer agent was The Shareholder Services Group, a division of American Express Information Services in Boston, and the back carries the printed assignment form and an Application for Transfer under Section 270 of the New York tax law.\u003c\/p\u003e\n\u003ch3\u003e⛽ Sunoco's industrial side\u003c\/h3\u003e\n\u003cp\u003eSun Company - the Sunoco gas station people - bought an industrial distributing business in 1975 to steady its oil earnings. When Sun decided to sell its non-energy businesses in 1986, Shearson Lehman Brothers and the subsidiary's own executives bought it for $199 million that October, and in January 1987 they turned it into a master limited partnership based at One Logan Square in Philadelphia, selling electrical supplies, fluid power equipment, glass and maintenance products.\u003c\/p\u003e\n\u003cp\u003eEach public unit was a Class A interest and a Class B interest together; about 40,000 units stayed with management and more than ten million went to the public. The two classes traded separately on the New York Stock Exchange, Class A as SDP and this Class B as SDPB. Class A holders got a priority return of $1.10 a year; Class B holders got distributions to cover their share of the taxable income.\u003c\/p\u003e\n\u003ch3\u003e🔩 The Hillman connection\u003c\/h3\u003e\n\u003cp\u003eHere's the part I like. Sun Distributors had bought The Hillman Group in 1982 - the keys, screws and hooks in the little drawers at every hardware store. The partnership renamed itself SunSource in 1996, and that December announced it would convert into a regular corporation, SunSource Inc.; at the conversion in 1997 each Class B interest like this one became a quarter share of SunSource stock. After Allied Capital bought a majority stake, SunSource changed its name in March 2002 to The Hillman Companies - today's Hillman Solutions. So this receipt is a direct ancestor of the company in your hardware store's fastener aisle.\u003c\/p\u003e\n\u003ch3\u003e📅 How old are they?\u003c\/h3\u003e\n\u003cp\u003eA Class B receipt in the name Sun Distributors L.P. belongs between the 1987 partnership and the 1996 SunSource name, and I've always had them as 1990s. These come from a stack, so the one you get will carry its own date, owner, number and transfer stamps, and may look a little different from my pictures.\u003c\/p\u003e\n\u003ch3\u003e📜 About these certificates\u003c\/h3\u003e\n\u003cp\u003eThe American Bank Note Company that engraved it was formed in 1858 and printed money for more than a hundred countries. These are 12 by 8 inches, engraved on heavy certificate paper. It's a great one for anybody from Sunoco, SunSource or Hillman, a finance office, or a collection of 1980s Wall Street deal paper. The supply is finite - Sun Distributors L.P. was gone by 1997, nobody's issuing these again, and once these last ones are framed, they'll be very difficult to acquire.\u003c\/p\u003e\n\u003cdiv class=\"relatedBlock\"\u003e\n\u003ch3\u003e🔎 More From The Vintage \u0026amp; Antique Gifts Archive\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\u003ca href=\"https:\/\/vintageantiquesgifts.com\/products\/vintage-1990s-sun-distributors-stock-certificate-class-a-sunoco-industrial-supply\"\u003eVintage 1990s Sun Distributors Stock Certificate 📜 Class A Started by Sunoco, Philadelphia Industrial Supply\u003c\/a\u003e\u003c\/li\u003e\n\u003cli\u003e\u003ca href=\"https:\/\/vintageantiquesgifts.com\/products\/combo-a-b-vintage-sun-distributors-stock-certificates-sunoco-industrial-distributor\"\u003eVintage 1990s Sun Distributors Stock Certificates 📜 Combo A and B Sunoco Industrial Distributor Scripophily\u003c\/a\u003e\u003c\/li\u003e\n\u003cli\u003e\u003ca href=\"https:\/\/vintageantiquesgifts.com\/products\/antique-1930s-1950s-boston-albany-railroad-stock-certificate-treasures\"\u003eAntique 1930s 1950s Boston and Albany Railroad Stock Certificate 📜 Engraved Share American Bank Note Historic Wall Art\u003c\/a\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e","brand":"Vintage and Antique Gifts","offers":[{"title":"Default Title","offer_id":42141628793064,"sku":"VAG-7492339237096","price":14.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0597\/2718\/4037\/files\/il_fullxfull.3509019372_ned1.jpg?v=1785356528","url":"https:\/\/vintageantiquesgifts.com\/products\/vintage-1990s-sun-distributors-stock-certificate-class-b-sunoco-american-bank-note","provider":"Vintage and Antique Gifts","version":"1.0","type":"link"}