Collins & Aikman Corporation
Collins & Aikman Corporation
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Product Details
Nicely engraved antique stock certificate from the Collins & Aikman Corporation dating back to the 1970's. This document, which carries the printed signatures of the company Executive Vice President and Secretary, was printed by the Security-Columbian Bank Note Company and measures approximately 12" (w) by 8" (h).
The vignette features a trio of allegorical figures surrounding the company crest.
Images
Historical Context
Collins & Aikman began in 1891 when Charles M. Aikman, who joined Gibbons L. Kelty's home furnishings business in 1870, became partners with William Collins, with Kelty's interest being sold. The company went public in 1916 with the sale to Thomas Doody and Melville Curtis.
Collins & Aikman formed in 1891 when Charles M. Aikman, who joined Gibbons L. Kelty's home furnishings business in 1870, became partners with William Collins, with Kelty's interest being sold.
The Wickes Companies bought Collins & Aikman in 1987 for $1.16 billion. The next year The Blackstone Group and Wasserstein Perella bought Wickes and changed its name to WCI Holdings Corp., which in turn changed its name to Collins & Aikman in 1992.
Also in 1992, Collins & Aikman moved its headquarters from California to Charlotte, North Carolina.
In March 1998, Collins & Aikman submitted a site plan for a move by its headquarters to Northfield Hills Corporate Center in Troy, Michigan. The carpet and acoustic group, automotive fabrics and Akro floor mats were moving from Bloomfield Hills, Michigan, and Dura Convertible Systems was moving from Madison Heights, Michigan, while the Manchester Plastics unit acquired in 1996 and renamed Collins & Aikman Plastics was already in Troy. The company kept about 100 employees in various departments in Charlotte, where it had operations for 25 years, until 2003.
The company eventually became most known as an upholstery manufacturer for automobiles. In 2005, it provided flooring, fabric, instrument panels and other equipment to General Motors Corporation, Ford Motor Company and Chrysler, as well as to Toyota Motor Corporation, Honda Motor Company and Nissan Motor Company. At the company's peak, its products appeared in 90 percent of the vehicles sold in North America.
The compay got into trouble under the leadership of ex-Reagan administration budget director David Stockman, who took it on an expansion drive on the eve of a big downturn in the U.S. auto industry. He was eventually indicted facing charges of hiding the company's woes from investors.
Collins & Aikman entered Chapter 11 bankruptcy on May 17, 2005 and went out of business on October 12, 2007.
Additional Information
Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. All items offered are collectible in nature only. So, you can frame them, but you can't cash them in!
All of our pieces are original - we do not sell reproductions. If you ever find out that one of our pieces is not authentic, you may return it for a full refund of the purchase price and any associated shipping charges.
FAQ
Are the certificates offered on your site genuine or reproductions?
All of the certificates you see on our site are genuine pieces, we do not sell any reproductions.Are the certificates you sell negotiable on any of today's stock markets or indexes?
No. All of the pieces we sell are either canceled or obsolete and have collectible value only.
Are the images presented in your product listings of the exact piece I will receive?
It depends. We try to present images of the exact piece you will receive whenever possible. However, when we are offering quantities of a piece, this is impossible. Within every product page we detail whether or not you will be receiving the exact certificate listed, or if the image is a representative example of the one you will receive.
How will you ship my order and how much do you charge?
We ship all orders via the United States Postal Service. Most domestic orders are shipped via Ground Advantage. USPS International, Priority and Express Mail, UPS and DHL services are also available, and costs are calculated during checkout. Current charges may be reviewed here.
Can I return my purchase?
Absolutely. You may return any merchandise, for any reason, within 30 days of the purchase date for a full refund of the purchase price.
We guarantee all of our pieces to be authentic. If you ever determine that a piece is not authentic, it may be returned for a full refund of the purchase price as well as any associated shipping charges.
Shipping
If your order exceeds $35, and the shipping address is within the United States, shipping via USPS Ground Advantage is FREE!
We make every effort to ship out all orders within 24 hours of receipt.
We ship the majority of orders via the USPS, with domestic orders using the Ground Advantage service.
Shipping is calculated during checkout. Upgraded services such as Priority and Express Mail, as well as UPS and DHL options, are also available.
As soon as your order is shipped you will receive your tracking information via email.
OVERSEAS ORDERS PLEASE NOTE THAT WE DECLARE FULL ORDER VALUE ON ALL SHIPMENTS. CUSTOMER IS RESPONSIBLE FOR ALL VAT/CUSTOMS CHARGES.
Returns
Our goal is to make sure every item you receive is exactly what you had in mind. If you not happy with your purchase, we’ll help you get it sorted in a timely and professional manner.
You can return anything we offer for an exchange, refund or store credit within 30 days of delivery. Return shipping costs may apply, and the item must be in its original condition and packaging.
Any shipping charges collected on the original order are not eligible for a refund.