Scott Paper Co. - $10,000 Specimen Bond

$10,000 8 7/8% Specimen Bond printed by Security-Columbian Banknote Company.

The Scott Paper Company emerged as the largest global producer and distributor of sanitary tissue products, operating in 22 nations. Its offerings were marketed under several prominent brand names, such as Scott Tissue, Cottonelle, Baby Fresh, Scottex, and Viva. In 1994, the consolidated sales of its consumer and commercial products reached around $3.6 billion. The company was acquired by Kimberly-Clark Corporation in 1995. Founded in 1879 in Philadelphia by brothers E. Irvin and Clarence Scott, Scott Paper is often recognized as the pioneer in marketing toilet paper sold on a roll. The company expanded its product line by introducing paper towels in 1907 and paper tissues in the 1930s. In 1927, Scott acquired a pulp mill in Nova Scotia, marking the beginning of a series of strategic acquisitions. In 1936, it partnered with The Mead Corporation to establish Brunswick Pulp & Paper Company, utilizing their Georgia pulp mill to supply both companies. Subsequently, Scott acquired mills in New York and Wisconsin, and in the 1950s, it merged with Soundview Pulp Company and Hollingsworth & Whitney Company, which provided timberlands and mills in Washington, Alabama, and Maine. Throughout the 20th century, Scott thrived, largely due to innovative advertising strategies initiated by Arthur Scott, the son of E. Irvin Scott. His aggressive magazine advertisements in the 1930s warned consumers that using rough toilet paper could result in painful rectal issues. A notable advertisement from 1936 provocatively questioned, "Is your washroom breeding Bolsheviks?", implying that inferior toilet paper could lead employees toward Communism. In December 1994, Scott divested its printing and publishing papers division, including its wholly owned subsidiary, S.D. Warren, for approximately $1.6 billion.