Beautifully engraved Certificate from the famous American Brands issued no later than 1971. This historic document was printed by the American
Banknote Company and has an
ornate border around it with a vignette of and Indian Chief. This item has the printed signatures of the company's officers and is
over 35 years old.
In October 1996, American Brands' announced it would
split into two companies in an effort to boost stock
and calm investor fears about tobacco litigation.
The company said it will spin-off its British-based
Gallaher Tobacco unit on the London Stock
Exchange. Its remaining consumer brands will be
grouped together in a U.S.-based company that will
Gallaher, the leading British cigarette maker,
accounted for more than half of American Brands'
$11.3 billion in sales in 1995, two years after it sold
its American Tobacco Company.
U.S. shareholders' received American
depository receipts in a new, independent Gallaher's
as well as stock in what is left of American Brands,
which will be renamed Fortune Brands.
With Cobra golf clubs, Titleist golf balls, Moen
faucets, Swingline staplers and Jim Beam bourbon,
the new company will be a dominant force in almost
a dozen consumer product markets.
The company also decided to change its name
because it feared the old one remained too closely
tied with tobacco.
The company chose Fortune because
it's a term synonymous with great prosperity and is
also the name of its Australian liquor subsidiary, a
division that has proven highly profitable.
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All Old Stock and Bond
Certificates are actual authentic certificates and are sold only as collectibles.
We do not sell reproductions and offer a lifetime guarantee to the
authenticity of everything we sell.