U.S. Trust Corporation - 1999 dated Specimen Stock Certificate - Vignette of John Aikman Stewart
Inv# SE2317A Specimen Stock
Specimen Stock printed by American Bank Note Company. Vignette of John Aikman Stewart. Bank of America Private Bank (formerly U.S. Trust) was founded in 1853 as the United States Trust Company of New York. It operated independently until 2000, when it was acquired by Charles Schwab, and Co. and subsequently sold to, and became a subsidiary of, Bank of America in 2007. U.S. Trust provides investment management, wealth structuring, and credit and lending services to clients.
U.S. Trust was founded in 1853 and chartered by the State of New York. It is the first and oldest trust company in the United States. The venture was backed by a group of wealthy men who invested $1 million in the company, at the time named United States Trust Company of New York. The inaugural board of trustees included thirty prominent New Yorkers. Among the founding investors were Joseph Lawrence of the Bank of the State of New York and then Mayor of New York who was appointed president, and John Aikman Stewart of the United States Life Insurance Company of New York who assumed the role of Secretary. Other founders included inventor, philanthropist and industrialist Peter Cooper, department store founder Marshall Field, Shepherd Knapp, President of Mechanics National Bank of the City of New York, and railroad developer and iron and steel manufacturer Erastus Corning. Read more at https://en.wikipedia.org/wiki/Bank_of_America_Private_Bank
Stock and Bond Specimens are made and usually retained by a printer as a record of the contract with a client, generally with manuscript contract notes such as the quantity printed. Specimens are sometimes produced for use by the printing company's sales team as examples of the firm’s products. These are usually marked "Specimen" and have no serial numbers.
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