Rockower Brothers, Inc. - Specimen Stock Certificate
Inv# SE2812 Specimen Stock
Pennsylvania
Specimen Stock printed by American Bank Note Co., F.L. Div. From New York Times from August 3, 1979:
Rockower Brothers Inc., merchandisers of men's and boys’ apparel, announced yesterday that its directors at a special meeting had adopted a resolution recommending that the company be dissolved voluntarily.
Rockower said a special meeting of shareholders would be held to consider approval of the resolution and the adoption of a complete liquidation of the company in November.
The company said that shareholders would be asked to approve the agreement between Rockower and F.W. Woolworth made in March that calls for termination of Rockower's 147 Woolco men's and boys’ departments on July 31, 1980, and for the purchase by Woolworth of Rockower's store fixtures and inventory. In addition, Woolworth will pay Rockower $7 million shortly after the 1980 closing.
Rockower also said its directors had received a proposal for a Rockower unit to make a $12.5 million investment in a newly organized corporation that intends to develop jointly with an unaffiliated company a 600‐room hotelcasino in Atlantic City. Rockower said its board was considering the proposed investment.
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.
Ebay ID: labarre_galleries