Summit Tax Exempt Bond Fund, L.P. - Specimen Beneficial Unit Certificate
Inv# SE2284 Specimen Stock
New York
Specimen Beneficial Unit Certificate printed by American Bank Note Company. Sidney Cohen was a principal in Green Hill Associates, a limited partnership involved in developing the Green Hill Apartment Building Project in Susquehanna Township, Pennsylvania. This project was financed by an $8.9 million mortgage loan from Summit Tax Exempt Bond Fund, L.P., which was led by Stuart J. Boesky. Notably, Stuart J. Boesky is the first cousin of Ivan Boesky, a former American stock trader known for his central role in a major insider trading scandal in the mid-1980s.
Ivan Boesky became notorious after being charged and pleading guilty to insider trading, which led to a record $100 million fine and a three-year prison sentence. Following his conviction, Ivan Boesky cooperated with authorities and served as an informant, significantly impacting the financial regulatory landscape.
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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