International Paper Co. - Specimen Stock Certificate
Inv# SE1793 Specimen Stock
Specimen Stock printed by Security-Columbian United States Banknote Corporation. Incorporated in 1941. The International Paper Company (NYSE:Â IP) is an American pulp and paper company, the largest such company in the world. It has approximately 56,000 employees, and is headquartered in Memphis, Tennessee.
The company was incorporated January 31, 1898, upon the merger of 17 pulp and paper mills in the northeastern United States. Its founders and first two presidents were William Augustus Russell, who died suddenly in January 1899, and Hugh J. Chisholm. Philip Tell Dodge, president of the Mergenthaler Linotype Company, served as its chairman for 11 years. The invention of the Linotype dramatically increased the size of newspapers and the need for newsprint. The newly formed company supplied 60 percent of all newsprint in the country.
On July 1, 2014, the company announced the completion of the xpedx spinoff which merged with Unisource, creating an independent company, Veritiv Corporation. On May 2, 2016, it announced the acquisition of Weyerhaeuser's cellulose fiber division. The acquisition was completed on Dec 1, 2016. On Oct 1, 2021 a spin-off was completed creating a stand alone company by the name of Sylvamo. Sylvamo's headquarters are also located in Memphis TN. Divested were the Printing & Communications (White Uncoated Freesheet) mills in Ticonderoga NY, Eastover SC, Mogi Guacu Brazil, Luiz Antonio Brazil, Tres Lagoas Brazil, Saillat France, and Svetogorsk Russia. Read more at https://en.wikipedia.org/wiki/International_Paper
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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