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Century Ribbon Mills, Inc.- 1930's-40's dated Stock Certificate - Produced and Sold Silk Ribbon

Inv# GS1071   Stock
State(s): New York
Years: 1930's-40's
Color: Orange, Blue or Brown

General Stock. Pretty vignette of seminude female printed by American Bank Note Company. Rare!!! Available in Orange, Blue or Brown. Please specify color.

Ernest Levy was born in Germany in 1853, and at the age of 24 emmigrated to the United States with his brother, Hermann, after spending several months as traders in the diamond fields of the Transvaal, South Africa. In 1878, Ernest Levy walked into a New York auction room to get out of the cold. When he raised his hand to wipe his brow, the auctioneer took it as a signal for a $50 bid, and Ernest suddenly had a "jag of ribbon" knocked down to him. After selling the ribbon at a profit, Ernest and Hermann decided that the future lay in ribbons and established the Ernest & Hermann Levy company. The Levy brothers built their business slowly but well, and by 1922 the company had evolved to become the Century Ribbon Mills, Inc.

Little else is known about Ernest Levy, but in 1925 he was one of three donors to save St. James' Protestant Episcopal Church, also known as "the Church of the Presidents," in Elberon, N.J. Ernest also built the West End Casino in West End, N.J. At the end of his life, Ernest Levy lived at 1160 Park Avenue, a fourteen-story apartment building designed by George T. Pelham and built in 1925. He died at the age of 76 on January 21, 1929. Read more at http://www.nycago.org/Organs/NYC/html/ResLevyE.html

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: $10.00