Beatrice Foods Overseas Finance, N.V. - 1978 dated $1,000 7.75% Bearer Bond - Food Processing Company
Inv# GB5004 Bond$1,000 Bond. Netherlands. Male & female figure seated on each side of Beatrice logo. Makers of Reddi Whip!!! Rare!!! Beatrice Foods Co. was a major American food processing company founded in 1894. In 1987, its international food operations were sold to Reginald Lewis, a corporate attorney, creating TLC Beatrice International, after which the majority of its domestic (U.S.) brands & assets were acquired by KKR, w/ the bulk of its holdings sold off. By 1990, the remaining operations were ultimately acquired by ConAgra Foods.
The Beatrice Creamery Co. was founded in 1894 by George Everett Haskell & William W. Bosworth, by leasing the factory of a bankrupt firm of the same name located in Beatrice, Nebraska. At the time, they purchased butter, milk, & eggs from local farmers & graded them for resale. They promptly began separating the butter themselves at their plant, making their own butter on site & packaging & distributing it under their own label. They devised special protective packages & distributed them to grocery stores & restaurants in their own wagons & through jobbers. To overcome the shortage of cream, the partners established skimming stations to which farmers delivered their milk to have the cream, used to make butter, separated from the milk. Read more at: https://en.wikipedia.org/wiki/Beatrice_Foods
A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.
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