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Splitdorf-Bethlehem Electrical Co. issued to Thomas A. Edison Inc. with printed signature of Charels Edison - 1929 dated Stock Certificate (Uncanceled)

Inv# AG1216   Stock
State(s): New Jersey
Years: 1929
Color: Orange and Black

Uncanceled stock issued to Thomas A. Edison, Inc.. (Not signed) Printed signature of Charles Edison and H. F. Miller who was Edison's private secretary. Edison merged 40 companies into the Thomas A. Edison, Inc. Franklin Lee Division of American Bank Note. Excellent Condition.

Thomas A. Edison, Incorporated (originally the National Phonograph Company) was the primary holding company for the different manufacturing companies established by the inventor and entrepreneur Thomas Edison. It succeeded the Edison Manufacturing Company and operated between 1911 and 1957. In 1957, it merged with McGraw Electric to form McGraw-Edison.

In the 1920s, the recording company struggled to keep pace with technological advancements and attract recording stars comparable to those of its competitors, Victor and Columbia. An attempt to launch a long-playing record in 1926 was unsuccessful, and the company did not adopt condenser microphones for electrical recording until mid-1927, two years after the industry had widely embraced the technology. In 1928, the company expanded into the radio market by acquiring Splitdorf Radio Corp.

On November 1, 1929, Edison halted record production, continuing only with dictation records through its Voicewriter division. Additionally, in the late 1920s, the company developed the "Edicraft" line of high-quality consumer appliances at its laboratory, which was manufactured by Thomas A. Edison, Inc. However, due to the decreased demand for luxury goods during the Great Depression, production of these appliances ceased in 1934.

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: $140.00