Loft Candy Corporation - ( Loft became Pepsi Cola )

MSRP: $89.95
$69.95
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Beautifully engraved certificate from the Loft Candy Corporation issued in the 1940's. This historic document was printed by the Hamilton Banknote Company and has an ornate border around it. This item has the printed signatures of the Company's President and Secretary and is over 52 years old. In 1931, the U.S. District Court for Eastern District Virginia declares the National Pepsi-Cola Company bankrupt, the second bankruptcy in Pepsi-Cola history. The Loft Candy Company acquired the National Pepsi-Cola Company. Charles G. Guth, president of Loft, assumed leadership of Pepsi and commands the reformulation of Pepsi-Cola syrup formula. In 1941, Pepsi-Cola was merged into Loft, Inc. and then the name of the company was change to Pepsi-Cola Company. The Loft Candy company was subsequestly acquired by Briarcliff Candy Corporation.