Colonial Corporation of America - Specimen Stock Certificate
Inv# SE3734 Specimen Stock
New York
Specimen Stock printed by Security-Columbian Banknote Company. The New York Times article from May 27, 1964, reported that the Colonial Corporation of America had formally completed its merger with the Crown Textile Manufacturing Company. The merger was finalized with the filing of merger certificates in both New York and New Hampshire. As a result of the merger, the newly formed company anticipated annual sales of $82.8 million, signaling a significant consolidation in the textile manufacturing industry during that period. This merger likely aimed to leverage combined resources and expertise for enhanced market competitiveness and growth potential.
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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