The North American Company Stock Certificate from 1940s (Original Dow Jones Company)
The North American Company Stock Certificate from 1940s (Original Dow Jones Company)
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Are the certificates authentic?
Are the certificates authentic?
Yes, all of the certificates we sell are authentic stock and bond certificates unless otherwise mentioned in the description. At one point in time, this certificate represented a share of of the company, or a bond receipt. These certificates have been removed from circulation and digitalized, as seen by cancellation holes, stamps and writing on the certificate. We offer these certificates as a collectable item, not a security.
These are stock certificates from The North American Company, printed in the 1940s. Offered as either issued, or unissued, they features a horizontal layout, and showcases a prominent eagle vignette at the top center. The certificate includes cancellation holes and remains blank and unissued.
Founded in 1890 and headquartered in New Jersey, The North American Company was one of the original 12 components of the Dow Jones Industrial Average. It operated as a major holding company, controlling a vast network of electric utilities and streetcar systems across the United States. By the 1930s, it had become a significant player in the utility sector, with subsidiaries like the North American Light & Power Company. However, the Public Utility Holding Company Act of 1935 led to its eventual dissolution, as the act aimed to dismantle large utility holding companies to prevent monopolistic practices.
You will receive a certificate similar to the one shown in the photos. Each is an original, unissued document from the 1940s, featuring unique elements such as the eagle vignette and either blue or green coloration. Condition may vary slightly, but all are authentic pieces of American financial history.
Materials and care
Materials and care
Here are some quick tips to preserve your certificate for decades to come.
Paper quality: Stock certificates were printed on a variety of certificate paper dating back to the mid 1800s. Most of these vintage collectable certificates have signs of used & wear , cancellation holes, pencil / pen writing, stamps, staples, adhesives, slight rips, missing coupons and other features.
Handling: Always handle the certificate with clean, dry hands or use cotton gloves to avoid transferring oils and dirt from your skin onto the paper.
Storage: Store the certificate in a cool, dry place away from direct sunlight, which can cause fading. Use acid-free folders or archival-quality plastic sleeves to protect it from moisture, dust, and physical damage.
Framing: If displaying the certificate, use a frame with UV-protective glass to prevent light damage. Ensure the certificate is mounted using acid-free materials to avoid any chemical reactions that could degrade the paper over time.
Avoid Exposure: Keep the certificate away from direct sun, extreme temperatures and humidity, which can cause the paper to warp or deteriorate. Avoid exposing it to pollutants, such as smoke or chemicals, which can cause discoloration.


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