You are looking for unetbootin
for the Mac OS. You can do this in Ubuntu via your VM but that's not really required. This is pretty easy to do, just go download the Mac OS file and run it. You can get that here - it's the one in the upper right. I won't link to the direct download because that may change in the future.
Format your USB to FAT32 using your standard tools. Then run unetbootin
that you downloaded above. You point it to the .ISO that you previously downloaded or you can have it download automatically. When done, simply click exit
(not reboot - unless you want to reboot, that is) and place the USB stick into the old laptop.
During the old laptop's boot cycle, during the POST (Power On Self Test) there will be an option to change your boot device. This is often F12 but varies with laptop manufacturers. If this is not an option then simply enter your BIOS (Basic Input Output Settings - sometimes called System Settings) and change the boot order to move the USB device to the top. If you don't have the ability (some old laptops do not) to boot to USB then you'll want to burn the ISO as a DVD (as an image, not a direct copy) and then select to boot to DVD in the boot menu or via changing BIOS settings.