This stock certificate is for fifty-five shares of common capital stock from the American Caramel Company dated November 5, 1900. Each share cost $100.00, so that makes the stock certificate worth $5500 at issue in 1900. The American Caramel Company bought out the Lancaster Caramel Company (owned by Milton Hershey) for a million dollars. Milton Hershey then went on to refocus his business and formed the Hershey Chocolate Co.
The American Caramel company was incorporated in Pennsylvania in 1898. This stock certificate is numbered A211 and is a significant piece of history. It has a beautiful eagle vignette. It also has the issue book stub receipt glued to the left edge (as seen in the picture). On the back is the transfer containing four series of 1898 Internal Revenue Documentary Stamps (two for $.50, one for $.25, and one for $.10). These stamps depict a sailing ship that has a smoke stack and a crows nest. The stamps themselves are not common and in combination with the certificate, this stock certificate is very desireable. This will be shipped insured.
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