Beautifully engraved antique specimen stock certificate from the American Caramel Company dating back to the early 1900's. This document was printed by the American Bank Note Company and measures approximately 10 3/4" (w) by 7 1/2" (h).
This certificate features a vignette of an eagle on a shield.
Historical ContextThe American Caramel Company grew out of an industry established by Peter C. Wiest in 1867. He was a pioneer in the manufacture of caramels and soon developed a successful business. In 1878, Daniel F. Lafean became a partner and the firm of P. C. Wiest & Company was organized. The original proprietor retired from the business and in 1895 The P. C. Wiest Company was incorporated with Daniel F. Lafean as president. Lafean was instrumental in establishing the American Caramel Company; which was created March 28, 1898 when the Breisch-Hine Company in Philadelphia merged with The P. C. Wiest & Company in York, Pennsylvania. The home office of the American Caramel Company was located in York, PA.
The American Caramel Company was created on March 28, 1889, when the Breisch-Hine Co. of Philadelphia and the P. C. Wiest Co. of York, Pennsylvania, merged. After acquiring the Milton Hershey's Lancaster Caramel Company in 1900, the American Caramel Company became famous by including baseball and other cards in with its candies. With the addition of the Lancaster Caramel Company, the American Caramel Company grew to control 90% of the caramel in the country. The American Caramel Company was one of the early businesses to issue of Baseball Cards with their product.