Beautifully engraved certificate from the Gimbel Brothers, Inc.issued in 1961. This historic document was printed by the De La Rue Banknote Company and has an ornate border around it with a vignette of an allegorical woman. This item has the printed signatures of the Company's President ( Bruce Gimbel ) and Secretary and is over 49 years old.
Seven brothers formed the Gimbel Brothers chain of stores in Milwaukee (1889), Philadelphia (1894) and eventually New York (1910), where Isaac Gimble was manager. He became president when the firm was incorporated in 1922, and the company was further expanded through the acquisition of Saks and Company in 1923. Isaac's son Bernard Gimbel took over as president from 192753, when his son, Bruce, replaced him as president. The company was sold to Brown and Williamson Tobacco Corp. in 1973, and by 1987 the last of the Gimbel stores had closed.