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United Cigar Stores Co. of America - 1929 dated Cigar Stock Certificate - Very Rare Type

Inv# TC1005   Stock
State(s): New Jersey
Years: 1929
Color: Olive and Black

Stock printed by American Bank Note Company. United Cigar Stores was a chain of cigar stores in the United States that in its first quarter-century grew to nearly 3,000 shops. It eventually became part of the corporation that bought Marvel Comics and its parent company Magazine Management from their founder in 1968.

Brothers Charles A. Whelan and George J. Whelan founded a tobacco wholesale firm in Syracuse, New York, in 1901, eventually turning to retail. By 1926, the chain had nearly 3,000 stores. Though initially specializing in cigars, it eventually sold many other items, such as Mickey Mouse watches and shoe trees. The chain represented the interests of the Consolidated Tobacco Company, the tobacco trust that controlled the American Tobacco Company and others. In September 1903 a settlement was reached with the chain's competitors and all competition ended. Read more at https://en.wikipedia.org/wiki/United_Cigar_Stores

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.
OUT OF STOCK