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U.S. Food Products Corporation - 1921 dated Stock Certificate

Inv# GS5888   Stock
U.S. Food Products Corporation - 1921 dated Stock Certificate
State(s): New Jersey
Years: 1921

Stock printed by American Bank Note Company. The American Spirits Manufacturing Co. emerged from the remnants of the Whiskey Trust after it was deemed illegal by the Illinois State Supreme Court in June 1895. Although it was based in Peoria, it was organized in New York to benefit from its more advantageous laws. The company assumed responsibility for operating most of the distilleries previously managed by the Trust, including the Manhattan, Great Western, and Monarch. The company endured Prohibition under the name of the US Food Products Corporation, producing vinegar, yeast, and cereal products. In 1924, it was reestablished as the National Distillers Products Corporation and began acquiring substantial stocks of aged whiskey, along with once-prominent brand names. When Prohibition was lifted, it was thus ideally positioned to dominate the market and continues to exist today as one of the leading producers of distilled spirits in the United States.

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: $65.00