Beautifully engraved 10.20% Debenture certificate from the J.C. Penney Financial Corporation issued between no later than 1982. This historic document was printed by the Security-Columbian Banknote Company and has an ornate border around it with a vignette of an allegorical woman sitting in front of a downtown area with large buildings in the background. This item has the printed signatures of the Company's President and Secretary and is at least 22 years old.
The J. C. Penney Corporation is one of America's largest department store, drugstore, catalog, and e-commerce retailers, employing approximately 230,000 associates. As of October 25, 2003, J. C. Penney Corporation, Inc. operated 1,032 JCPenney department stores throughout the United States and Puerto Rico, and 56 Renner department stores in Brazil. Eckerd Corporation operated 2,735 drugstores throughout the Southeast, Sunbelt, and Northeast regions of the U.S. JCPenney Catalog, including e-commerce, is the nation's largest catalog merchant of general merchandise.