United Stores Corporation Stock Certificate
United Stores Corporation Stock Certificate
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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.
This blue stock certificate from United Stores Corporation, issued in 1929, features cancellation holes, stamps, and handwritten annotations, reflecting its authenticity and historical use.
The United Stores Corporation was incorporated on June 8, 1929, as a consolidation of the United Cigar Stores Company, the Tobacco Products Corporation, and the Union Tobacco Company. This consolidation aimed to create a stronger and more diversified retail and tobacco business, capitalizing on the strengths of each merged entity.
In 1958, Albert M. Greenfield, chairperson at Bankers Securities Corporation and Variety Stores Corporation, acquired a large percentage of United Stores Corporation stock. This move set the stage for significant corporate restructuring. In January 1959, the McCrory and McLellan chains, 37 percent owned by United, effected a merger. Shortly thereafter, on February 18, 1959, H. L. Green Company, Inc. acquired Greenfield’s equity in United Stores Corp. H. L. Green Co., dating back to 1932, had established a strong presence in the retail sector.
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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