Jones and Laughlin Steel Corp. - $10,000 Specimen Bond dated 1970
Inv# SE4079 Specimen Bond
$10,000 9 7/8% Specimen Bond printed by Security-Columbian Banknote Company. The Jones and Laughlin Steel Corporation , also known as J&L Steel or simply as J&L, was an American steel and iron manufacturer that operated from 1852 until 1968. Beginning as the American Iron Company, founded in 1852 by Bernard Lauth and Benjamin Franklin Jones, a few miles (c 4Â km) south of Pittsburgh along the Monongahela River. Lauth's interest was bought in 1854 by James Laughlin. The first firm to bear the name of Jones and Laughlin was organized in 1861, and headquartered at Third & Ross in downtown Pittsburgh. Read more at https://en.wikipedia.org/wiki/Jones_and_Laughlin_Steel_Company
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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