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Procter and Gamble Company - 1980's dated Consumer Goods Corp. Registered Bond

Inv# GB5705   Bond
State(s): Delaware
Years: 1980's
Color: Green and Black

Bond printed by Security-Columbian Banknote Company. The Procter & Gamble Company (P&G) is an American multinational consumer goods corporation based in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, the company specializes in a broad array of personal health, consumer health, personal care, and hygiene products. These are organized into several segments, including beauty, grooming, health care, fabric and home care, and baby, feminine, and family care. Prior to selling its Pringles brand to Kellogg's, P&G's portfolio also included food, snacks, and beverages. The company is incorporated in Ohio.

In 2014, P&G reported $83.1 billion in sales. On August 1 of that year, the company announced plans to streamline its operations by selling or discontinuing around 100 brands to focus on its core 65 brands, which accounted for 95% of its profits. Then-chairman and CEO A.G. Lafley noted that the future P&G would be "a much simpler, much less complex company of leading brands that's easier to manage and operate."

William Procter, an English candlemaker, and James Gamble, an Irish soapmaker, emigrated to the United States and settled in Cincinnati, Ohio, where they met after marrying sisters Olivia and Elizabeth Norris. Their father-in-law, Alexander Norris, encouraged them to form a business partnership, leading to the creation of Procter & Gamble in 1837. By 1858-1859, the company’s sales had reached $1 million, employing about 80 workers. During the American Civil War, Procter & Gamble secured contracts to supply the Union Army with soap and candles, which not only boosted profits but also introduced the company's products to soldiers nationwide.

 

Condition: Excellent

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.

Item ordered may not be exact piece shown. All original and authentic.
Price: $32.00