Gerber Products Co. - 1950 dated Baby Food & Baby Products Company Stock Certificate
Inv# GS5358 Stock
Stock printed by Franklin Lee Division-American Bank Note Co. Gerber was founded in 1927 in Fremont, Michigan, by Daniel Frank Gerber, owner of the Fremont Canning Company, which produced canned fruit and vegetables. At the suggestion of a pediatrician, Gerber's wife, Dorothy, began making hand-strained food for their seven-month-old daughter, Sally. Recognising a business opportunity, Gerber began making baby food. By 1928 he had developed five products for the market: beef vegetable soup and strained peas, prunes, carrots, and spinach. Six months later, Gerber's baby foods were distributed nationwide.
Some believe that Dorothy Gerber was the initial inspiration behind their baby food products. One day after a visit to her infant daughter's pediatrician she toiled in the kitchen straining fruits and vegetables for her child. After much hard work she suggested to her husband Daniel, whose family already owned the Fremont Canning Company, to create this food in an industrial setting, lightening the load of mothers everywhere. A different interpretation of the story is that he was frustrated and upset having come home to find his wife looking strained and miserable in the kitchen. Not wanting to "exchange" his beautiful wife for this kitchen-bound monstrosity, he then invented the Gerber baby food product line. The brand eventually became a major company in the baby food industry, currently offering more than 190 products in 80 countries, with labeling in 16 languages. Its primary competitors are Beech-Nut and Del Monte Foods. As of 2017, Gerber controls 61 percent of the baby food market in the United States. Read more at https://en.wikipedia.org/wiki/Gerber_Products_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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