Mattel, Inc - Famous Toy Company - 100 Share Brown Stock Certificate
Inv# GS1174 Stock
Delaware
New York
Toy Makers Stock printed by Jeffries Banknote Company. Vignette of two children playing catch and a large globe between them. Famous toy makers. Please specify color.
Harold "Matt" Matson, Ruth Handler, and Elliot Handler founded Mattel as Mattel Creations in January 1945 in a garage in Los Angeles. The company began selling picture frames, and later, dollhouse furniture out of sediments from those frames. Matson sold his share and stake to the Handlers due to poor health the following year, when Handler's wife, Ruth took over. In 1947, the company had its first hit toy, a ukulele called "Uke-A-Doodle".
The company was incorporated in 1948 in Hawthorne, California. In 1950, the Magic 8-Ball was invented by Albert C. Carter and Abe Bookman; the toy is now owned by Mattel. Mattel started advertising on TV when it became the first sponsor of the Mickey Mouse Club TV series. 1957 saw the release of the Fisher-Price Corn Popper, and the Xylophone. Mattel ultimately acquired Fisher-Price on August 20, 1993. The Barbie doll debuted on March 9, 1959, going on to become the company's best-selling toy in history. In 1960, Mattel introduced Chatty Cathy, a talking doll that was voiced by June Foray and revolutionized the toy industry, leading to pull-string talking dolls and toys flooding the market throughout the 1960s and 1970s. In 1961, Mattel introduced the Ken doll. The company went public in 1960, and became listed on the New York Stock Exchange in 1963. Mattel also acquired a number of like-minded companies during the 1960s. Read more at https://en.wikipedia.org/wiki/Mattel
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.
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