We are offering this historic and beautifully engraved Stock Certificate issued by Loews Theatres Corporation in 1969. This canceled document has a green ornate border around it with a very attractive vignette of two Allegorical Women on both sides of an old Loews Theatre.
Loews Theatres was founded in 1904 by Marcus Loew in Cincinnati, Ohio. Loew, a young fur processor from New York City, set up a nickelodeon in a rented store that soon became one of the most successful enterprises of its time. In an attempt to provide film entertainment for his growing business, Loew returned to New York City and joined forces with Adolf Zukor who had imported the first feature length film, Queen Elizabeth; Zukor went on to become the founder of Paramount Pictures. In the years immediately before World War 1, Loews circuit grew from coast to coast. In order to supply his theatres with new film product, Loew purchased an ailing silent movie production studio named Metro Company. In 1924, Loew merged the Metro Company with Louis B. Mayer and Samuel Goldwyn to form the first Loew subsidiary, Metro-Goldwyn-Mayer. With film supply secured and the publics love for Hollywood entertainment assured, Loews Theatres grew throughout the 1930s and 40s. In 1954, in an effort to prevent monopolies, the United States Government ordered that Loews Theatres and MGM must become separate business entities. Loews expanded into more suburban markets in the 1950s, 60s and 70s. In October 1989, Sony USA purchased the parent company of Loews, Columbia Pictures Entertainment, Inc., now the Sony Pictures Entertainment Company. During this same period of time, Loews embarked on an aggressive theatre expansion program and effectively doubled its size. Today Loews Theatres, a Sony Retail Entertainment company, operates 1020 screens in 141 locations (including its affiliate circuits, Start Theatres and Magic Johnson Theatres) in 16 states and continues to expand with the intent of further enhancing its position throughout the region in which it operates. This certificate has the printed signature of the company's chairman, Lawrence Tisch of CBS fame.
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All Old Stock and Bond
Certificates are actual authentic certificates and are sold only as collectibles.
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