Armour and Co. - Specimen Stock Certificate - Available in Olive Only
Inv# SE1347
Stock
Specimen Stock printed by American Bank Note Company. Armour & Company was an American company & was one of the five leading firms in the meat packing industry. It was founded in Chicago, in 1863, by the Armour brothers led by Philip Danforth Armour. By 1880, the company had become Chicago's most important business & had helped make Chicago & its Union Stock Yards the center of America's meatpacking industry. During the same period, its facility in Omaha, Nebraska, boomed, making the city's meatpacking industry the largest in the nation by 1959. In connection w/ its meatpacking operations, the company also ventured into pharmaceuticals (Armour Pharmaceuticals) & soap manufacturing, introducing Dial soap in 1948.
Presently, the Armour food brands are split between Smithfield Foods (for refrigerated meat — "Armour Meats") & ConAgra Brands (for canned shelf-stable meat products — "Armour Star"). The Armour pharmaceutical brand is owned by Forest Laboratories. Dial soap is now owned by Henkel. Armour & Company had its roots in Milwaukee, where in 1863 Philip D. Armour joined w/ John Plankinton (the founder of the Layton & Plankinton Packing Company in 1852) to establish Plankinton, Armour & Company. Together, the partners expanded Plankinton's Milwaukee meat packing operation & established branches in Chicago & Kansas City & an exporting house in New York City. Armour & Plankinton dissolved their partnership in 1884 w/ the Milwaukee operation eventually becoming the Cudahy Packing Company. Read more at https://en.wikipedia.org/wiki/Armour_and_Company
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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