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Northwestern Mutual Life Mortgage and Realty Investors - Specimen Stock Certificate

Inv# SE4174   Specimen Stock
State(s): Massachusetts
New York
Wisconsin
Years: 1970's
Color: Red and Black

Specimen Stock printed by Security-Columbian Banknote Company. Northwestern Mutual is an American financial services mutual organization based in Milwaukee, Wisconsin. The financial security company provides consultation on wealth and asset income protection, education planning, retirement planning, investment advisory services, Financial Planning trust and private client services, estate planning and business planning. Its products include life insurance, permanent life insurance, disability income, and long-term care insurance; annuities; investments; and investment advisory products and services. Northwestern Mutual ranked No. 90 on the 2021 Fortune 500 list of the largest United States corporations by total revenue and is in the top 30 by assets held. The firm distributes a portion of its earnings to eligible policyholders as annual dividends.

On March 2, 1857 (167 years ago), Northwestern Mutual was founded as the Mutual Life Insurance Company of the State of Wisconsin. Originally located in Janesville, Wisconsin, the fledgling company relocated to Milwaukee in 1859. Shortly after, the company experienced its first two death claims, when an excursion train traveling from Fond du Lac, Wisconsin, to Chicago derailed, killing 14 people, two of whom were policy owners. With losses amounting to US$3,500 (equivalent to $119,000 in 2023), while the company possessed only US$2,000 in funds (equivalent to $68,000 in 2023), company President Samuel Daggett and Treasurer Charles Nash personally lent the money to pay the claims immediately, making up the difference of US$1,500 (equivalent to $51,000 in 2023). Read more at https://en.wikipedia.org/wiki/Northwestern_Mutual

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Condition: Excellent

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.

Item ordered may not be exact piece shown. All original and authentic.
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