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Kropp Forge Co. - Issued and signed by Roy A. Kropp - 1940's-60's dated Autograph Stock Certificate

Inv# VS1017   Stock
State(s): Illinois
New York
Years: 1940's-60's

Foundry Stock. Two great foundry vignettes. Issued to the President Roy A. Kropp and signed at back. Great Foundry Scenes printed by Northern Banknote Company. They made airplane parts. Nice stock of a scarce topic!!!

From Kropp Forge is named after Charles A. Kropp who came to America in the late 1880's from Sweden. After working at an area forge shop, he and three others opened a small flat die forge shop in Chicago in 1901. Prior to World War I, Charles Kropp became sole owner of the company and later moved the company to its present location in 1918 in Cicero, IL. At that time the plant's primary focus was products for armaments. Over the years, the company's product line grew to include to include parts for the Railroad, Oil, Agriculture, Automotive, Machine Tool, Marine, Construction, Power, Material Handling and the Aviation Industries. World War II brought a further increase in production for Planes, Ordnance, Ships Military Vehicles and Essential Machinery. The Kropp Family sold the business in the late 1970's, and the company changed hands twice more in the 1980's until being purchased by TIC United Corp. in 1987. The company weathered difficult times in the late 1980's and early 1990's with labor problems and general business decline which forced 25% of the forging industry to close their doors. Kropp Forge has survived these difficult times and, since 1993, Kropp has been growing with steady increases in sales, employment, capital reinvestment and most importantly, customer satisfaction.

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: $45.00