Scott Paper Co. - Sanitary Tissue Paper Stock Certificate
Inv# GS3076A Stock
Stock printed by Security-Columbian United States Banknote Corporation. The Scott Paper Company was the world's largest manufacturer and marketer of sanitary tissue products with operations in 22 countries. Its products were sold under a variety of well-known brand names, including Scott Tissue, Cottonelle, Baby Fresh, Scottex and Viva. Consolidated sales of its consumer and commercial products totalled approximately $3.6 billion in 1994.
The company was acquired by the Kimberly-Clark Corporation in 1995. Scott Paper was founded in 1879 in Philadelphia by brothers E. Irvin and Clarence Scott, and is often credited as being the first to market toilet paper sold on a roll. They began marketing paper towels in 1907, and paper tissues in the 1930s.
In 1927, Scott purchased a Nova Scotian pulp mill, and thus began a long series of acquisitions. It joined with The Mead Corporation in 1936 to form Brunswick Pulp & Paper Company, which used their pulp mill in Georgia to supply both Mead and Scott. The company then bought mills in New York and Wisconsin, and during the 1950s Scott merged with Southview Pulp Company and Hollingsworth & Whitney Company, which provided timberlands and mills in Washington, Alabama, and Maine. Read more at https://en.wikipedia.org/wiki/Scott_Paper_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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