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American International Corporation - Investment Trust Co. Stock Certificate

Inv# GS5498   Stock
State(s): New York
Years: 1919-22
Color: Brown or Green

Stock printed by The American Bank Note Company. Please specify color.

American International Corporation was an American investment trust founded in 1915 by Frank Vanderlip; Willard Straight was the key operational leader. Its board and stockholders included a wide range of leading American financiers and industrialists. With an initial capitalization of 50 million dollars and located at 120 Broadway in Manhattan, its goals were to invest in foreign companies and projects, especially in China & Russia during France and the United Kingdom's fiscal distress caused by World War I. Its ambitious plans were stymied by opposition from the Wilson administration and the focus of attention on supporting the war effort. Russia fell into civil war and China was chaotic after the death of its leader in 1916. Willard Straight died and Vanderlip was fired. Despite years of planning, construction work was never begun on the Corporation's elaborate projects in Russia and China. The Corporation did set up an network of branch offices for National City. Its international investments were not profitable and it switched to domestic investment.

Condition: Excellent

A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.

Item ordered may not be exact piece shown. All original and authentic.
Price: $35.00