Hoffman Electronics Corporation - H. Leslie Hoffman - Specimen Stock Certificate
Inv# SE2100 Stock
New York
Specimen Stock printed by American Bank Note Company. H. Leslie Hoffman (1906 – June 24, 1971) was a prominent American entrepreneur. He established and led Hoffman Radio as its founder and CEO from 1941 until 1971, with the company rebranding to Hoffman Radio and Television in 1948. In the 1950s, he launched Hoffman Electronics Corporation, headquartered in El Monte, California, which encompassed various divisions focused on consumer, industrial, and military electronics. He was married to Elaine Stevely Hoffman (1906–1989). In 1954, they co-founded the H. Leslie Hoffman and Elaine S. Hoffman Foundation in Pasadena, a charitable organization. Both he and Elaine were significant benefactors and advocates for the University of Southern California (USC), playing an active role in its development and academic prestige. Hoffman was a member of the USC Board of Trustees for 17 years.
From 1950 to 1960, Hoffman expanded its operations through the establishment of new ventures and the acquisition of companies in the consumer, industrial, and military electronics sectors. This period of growth led to the reorganization of the company into Hoffman Electronics Corporation, headquartered in El Monte, California, approximately 15 miles (24 km) east of Los Angeles.
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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