{"id":2166678487104,"title":"Benihana National Corp.","handle":"benihana-national-corp","description":"\u003cmeta charset=\"utf-8\"\u003e\n\u003ch5\u003eProduct Details\u003c\/h5\u003e\n\u003cp\u003eBeautifully engraved antique stock certificate from the Benihana National Corp. dating back to the 1980's. This document, which contains the printed signatures of the company Chairman of the Board and Treasurer, was printed by the Security-Columbian \/ United States Bank Note Company, and measures approximately 12\" (w) by 8\" (h).\u003cbr\u003e\u003cbr\u003eThis certificate's vignette spotlights the company's logo.\u003c\/p\u003e\n\u003ch5 style=\"text-align: left;\"\u003eImages\u003c\/h5\u003e\n\u003cdiv style=\"text-align: left;\"\u003eYou will receive the exact certificate pictured.\u003cbr\u003e\u003cbr\u003ePlease note staple tears in body, particularly on the red piece.\u003cbr\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cul\u003e\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003ch5\u003eHistorical Context\u003c\/h5\u003e\n\u003cdiv style=\"text-align: center;\"\u003e\u003cimg src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/files\/Benihana_2f5a9b41-3bc8-4b93-a91d-596e595c8aee.png?v=1624705424\" style=\"margin-bottom: 10px; float: none;\"\u003e\u003c\/div\u003e\n\u003chr\u003e\u003cbr\u003eBenihana was founded in 1964 on West 56th Street in \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/new-york-city\"\u003eNew York City\u003c\/a\u003e\u003c\/strong\u003e by 25-year-old Hiroaki Aoki, the father of Steve Aoki and Devon Aoki.\u003cbr\u003e\u003cbr\u003eAoki, a wrestler who had qualified for but did not attend the 1960 Summer Olympics, started the \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/hotel-restaurant\"\u003erestaurant\u003c\/a\u003e\u003c\/strong\u003e with $10,000 (equivalent to $78,906 in 2017) earned from driving an ice cream truck in \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/harlem-new-york\"\u003eHarlem\u003c\/a\u003e\u003c\/strong\u003e. The first restaurant, Benihana of Tokyo, was named for the red safflower that was the name for the coffee shop owned by his parents in Tokyo.\u003cbr\u003e\u003cbr\u003eAoki's concept was for the meals to be theatrically prepared by a knife-wielding, joke-telling chef at a teppanyaki table surrounded by a wooden eating surface in front of the guests (Teppan meaning \"steel grill\" or \"griddle\" and yaki meaning \"grilled\" or \"broiled\"). It did not do well until early 1965, when Clementine Paddleford of the New York Herald Tribune gave it a rave review. The Beatles and Muhammad Ali were among the celebrities who then descended on the four-table restaurant.\u003cbr\u003e\u003cbr\u003eWithin a year Aoki opened a bigger restaurant that featured samurai armour, heavy wooden ceiling beams, and sliding shōji screens to provide some privacy.\u003cbr\u003e\u003cbr\u003eIn 1968, it opened its first restaurant outside of New York City in \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/chicago-illinois\"\u003eChicago\u003c\/a\u003e\u003c\/strong\u003e.\u003cbr\u003e\u003cbr\u003eIn 1976, Aoki brought in consultant Hardwicke Companies (its founder Charles H. Stein was the original developer of Six Flags Great Adventure as well as operated various New York restaurants including Tavern on the Green) as a partner to run the company. In 1980, Aoki terminated the relationship and settled a U.S. Securities and Exchange Commission complaint of insider trading of Hardwicke stock.\u003cbr\u003e\u003cbr\u003eIn 1982, Benihana National Corporation went public with Joel Schwartz as president. Some of the restaurants continued to be privately owned by Aoki. The company had some missteps including the opening of the upscale Big Splash restaurant and a frozen food division Benihana National Classics. Its stock dived and shareholders sued over management including the fact that Aoki still had his privately held restaurants of the same name.\u003cbr\u003e\u003cbr\u003eIn 1995, the company acquired 17 restaurants from Benihana of Tokyo.\u003cbr\u003e\u003cbr\u003eIn 2004, the company issued a class of preferred stock to BFC Financial corporation to renovate its restaurants and expand. The stock diluted Aoki's control of the chain and the family sued, citing that Benihana had no compelling need for the cash, other forms of capital were available, and that the terms of the preferred stock issued to BFC were onerous. A member of the board of directors was also a director of BFC, a company that held controlling interests in BankAtlantic, Blue Green, and Levitt Homes. However, the \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/delaware\"\u003eDelaware\u003c\/a\u003e\u003c\/strong\u003e Court of Chancery upheld the decision.\u003cbr\u003e\u003cbr\u003eAoki died in 2008 at the age of 69.\u003cbr\u003e\u003cbr\u003eBenihana agreed in 2012 to be purchased by the private equity firm of Angelo Gordon \u0026amp; Company for $296 million.\n\u003cp\u003e \u003c\/p\u003e","published_at":"2018-11-27T15:57:05-05:00","created_at":"2019-01-04T14:26:19-05:00","vendor":"Ghosts of Wall Street","type":"Stock Certificates","tags":["1980s","Benihana National","Date_1980s","Famous Companies","Harlem","Hotel \u0026 Restaurant","Price_$20 - $49.99","Restaurants"],"price":2900,"price_min":2900,"price_max":2900,"available":true,"price_varies":false,"compare_at_price":null,"compare_at_price_min":0,"compare_at_price_max":0,"compare_at_price_varies":false,"variants":[{"id":20522932404288,"title":"Red (Odd Shares)","option1":"Red (Odd Shares)","option2":null,"option3":null,"sku":"2699rd","requires_shipping":true,"taxable":true,"featured_image":{"id":30530873720991,"product_id":2166678487104,"position":1,"created_at":"2021-08-26T15:18:12-04:00","updated_at":"2021-08-26T15:20:43-04:00","alt":"Benihana National Corp. Stock Certificate","width":1500,"height":1003,"src":"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/2699rd.png?v=1630005643","variant_ids":[20522932404288]},"available":true,"name":"Benihana National Corp. - Red (Odd Shares)","public_title":"Red (Odd Shares)","options":["Red (Odd Shares)"],"price":2900,"weight":7,"compare_at_price":null,"inventory_management":"shopify","barcode":"","featured_media":{"alt":"Benihana National Corp. Stock Certificate","id":22981472256159,"position":1,"preview_image":{"aspect_ratio":1.496,"height":1003,"width":1500,"src":"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/2699rd.png?v=1630005492"}},"requires_selling_plan":false,"selling_plan_allocations":[]},{"id":27153985568832,"title":"Blue (Odd Shares)","option1":"Blue (Odd Shares)","option2":null,"option3":null,"sku":"2699bl","requires_shipping":true,"taxable":true,"featured_image":{"id":30530873655455,"product_id":2166678487104,"position":2,"created_at":"2021-08-26T15:18:12-04:00","updated_at":"2021-08-26T15:20:43-04:00","alt":"Benihana National Corp. Stock Certificate","width":1500,"height":1007,"src":"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/2699bl.png?v=1630005643","variant_ids":[27153985568832]},"available":true,"name":"Benihana National Corp. - Blue (Odd Shares)","public_title":"Blue (Odd Shares)","options":["Blue (Odd Shares)"],"price":2900,"weight":7,"compare_at_price":null,"inventory_management":"shopify","barcode":"","featured_media":{"alt":"Benihana National Corp. Stock Certificate","id":22981472223391,"position":2,"preview_image":{"aspect_ratio":1.49,"height":1007,"width":1500,"src":"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/2699bl.png?v=1630005492"}},"requires_selling_plan":false,"selling_plan_allocations":[]}],"images":["\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/2699rd.png?v=1630005643","\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/2699bl.png?v=1630005643","\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/2699vign.png?v=1630005657"],"featured_image":"\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/2699rd.png?v=1630005643","options":["Color"],"media":[{"alt":"Benihana National Corp. Stock Certificate","id":22981472256159,"position":1,"preview_image":{"aspect_ratio":1.496,"height":1003,"width":1500,"src":"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/2699rd.png?v=1630005492"},"aspect_ratio":1.496,"height":1003,"media_type":"image","src":"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/2699rd.png?v=1630005492","width":1500},{"alt":"Benihana National Corp. Stock Certificate","id":22981472223391,"position":2,"preview_image":{"aspect_ratio":1.49,"height":1007,"width":1500,"src":"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/2699bl.png?v=1630005492"},"aspect_ratio":1.49,"height":1007,"media_type":"image","src":"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/2699bl.png?v=1630005492","width":1500},{"alt":"Benihana National Corp. Stock Certificate","id":22981490278559,"position":3,"preview_image":{"aspect_ratio":3.184,"height":343,"width":1092,"src":"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/2699vign.png?v=1630005651"},"aspect_ratio":3.184,"height":343,"media_type":"image","src":"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/2699vign.png?v=1630005651","width":1092}],"requires_selling_plan":false,"selling_plan_groups":[],"content":"\u003cmeta charset=\"utf-8\"\u003e\n\u003ch5\u003eProduct Details\u003c\/h5\u003e\n\u003cp\u003eBeautifully engraved antique stock certificate from the Benihana National Corp. dating back to the 1980's. This document, which contains the printed signatures of the company Chairman of the Board and Treasurer, was printed by the Security-Columbian \/ United States Bank Note Company, and measures approximately 12\" (w) by 8\" (h).\u003cbr\u003e\u003cbr\u003eThis certificate's vignette spotlights the company's logo.\u003c\/p\u003e\n\u003ch5 style=\"text-align: left;\"\u003eImages\u003c\/h5\u003e\n\u003cdiv style=\"text-align: left;\"\u003eYou will receive the exact certificate pictured.\u003cbr\u003e\u003cbr\u003ePlease note staple tears in body, particularly on the red piece.\u003cbr\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cul\u003e\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003ch5\u003eHistorical Context\u003c\/h5\u003e\n\u003cdiv style=\"text-align: center;\"\u003e\u003cimg src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/files\/Benihana_2f5a9b41-3bc8-4b93-a91d-596e595c8aee.png?v=1624705424\" style=\"margin-bottom: 10px; float: none;\"\u003e\u003c\/div\u003e\n\u003chr\u003e\u003cbr\u003eBenihana was founded in 1964 on West 56th Street in \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/new-york-city\"\u003eNew York City\u003c\/a\u003e\u003c\/strong\u003e by 25-year-old Hiroaki Aoki, the father of Steve Aoki and Devon Aoki.\u003cbr\u003e\u003cbr\u003eAoki, a wrestler who had qualified for but did not attend the 1960 Summer Olympics, started the \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/hotel-restaurant\"\u003erestaurant\u003c\/a\u003e\u003c\/strong\u003e with $10,000 (equivalent to $78,906 in 2017) earned from driving an ice cream truck in \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/harlem-new-york\"\u003eHarlem\u003c\/a\u003e\u003c\/strong\u003e. The first restaurant, Benihana of Tokyo, was named for the red safflower that was the name for the coffee shop owned by his parents in Tokyo.\u003cbr\u003e\u003cbr\u003eAoki's concept was for the meals to be theatrically prepared by a knife-wielding, joke-telling chef at a teppanyaki table surrounded by a wooden eating surface in front of the guests (Teppan meaning \"steel grill\" or \"griddle\" and yaki meaning \"grilled\" or \"broiled\"). It did not do well until early 1965, when Clementine Paddleford of the New York Herald Tribune gave it a rave review. The Beatles and Muhammad Ali were among the celebrities who then descended on the four-table restaurant.\u003cbr\u003e\u003cbr\u003eWithin a year Aoki opened a bigger restaurant that featured samurai armour, heavy wooden ceiling beams, and sliding shōji screens to provide some privacy.\u003cbr\u003e\u003cbr\u003eIn 1968, it opened its first restaurant outside of New York City in \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/chicago-illinois\"\u003eChicago\u003c\/a\u003e\u003c\/strong\u003e.\u003cbr\u003e\u003cbr\u003eIn 1976, Aoki brought in consultant Hardwicke Companies (its founder Charles H. Stein was the original developer of Six Flags Great Adventure as well as operated various New York restaurants including Tavern on the Green) as a partner to run the company. In 1980, Aoki terminated the relationship and settled a U.S. Securities and Exchange Commission complaint of insider trading of Hardwicke stock.\u003cbr\u003e\u003cbr\u003eIn 1982, Benihana National Corporation went public with Joel Schwartz as president. Some of the restaurants continued to be privately owned by Aoki. The company had some missteps including the opening of the upscale Big Splash restaurant and a frozen food division Benihana National Classics. Its stock dived and shareholders sued over management including the fact that Aoki still had his privately held restaurants of the same name.\u003cbr\u003e\u003cbr\u003eIn 1995, the company acquired 17 restaurants from Benihana of Tokyo.\u003cbr\u003e\u003cbr\u003eIn 2004, the company issued a class of preferred stock to BFC Financial corporation to renovate its restaurants and expand. The stock diluted Aoki's control of the chain and the family sued, citing that Benihana had no compelling need for the cash, other forms of capital were available, and that the terms of the preferred stock issued to BFC were onerous. A member of the board of directors was also a director of BFC, a company that held controlling interests in BankAtlantic, Blue Green, and Levitt Homes. However, the \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/delaware\"\u003eDelaware\u003c\/a\u003e\u003c\/strong\u003e Court of Chancery upheld the decision.\u003cbr\u003e\u003cbr\u003eAoki died in 2008 at the age of 69.\u003cbr\u003e\u003cbr\u003eBenihana agreed in 2012 to be purchased by the private equity firm of Angelo Gordon \u0026amp; Company for $296 million.\n\u003cp\u003e \u003c\/p\u003e"}

Benihana National Corp.

$29.00
Maximum quantity available reached.
Stock Number: 2699rd
Product Details

Beautifully engraved antique stock certificate from the Benihana National Corp. dating back to the 1980's. This document, which contains the printed signatures of the company Chairman of the Board and Treasurer, was printed by the Security-Columbian / United States Bank Note Company, and measures approximately 12" (w) by 8" (h).

This certificate's vignette spotlights the company's logo.

Images
You will receive the exact certificate pictured.

Please note staple tears in body, particularly on the red piece.
    Historical Context


    Benihana was founded in 1964 on West 56th Street in New York City by 25-year-old Hiroaki Aoki, the father of Steve Aoki and Devon Aoki.

    Aoki, a wrestler who had qualified for but did not attend the 1960 Summer Olympics, started the restaurant with $10,000 (equivalent to $78,906 in 2017) earned from driving an ice cream truck in Harlem. The first restaurant, Benihana of Tokyo, was named for the red safflower that was the name for the coffee shop owned by his parents in Tokyo.

    Aoki's concept was for the meals to be theatrically prepared by a knife-wielding, joke-telling chef at a teppanyaki table surrounded by a wooden eating surface in front of the guests (Teppan meaning "steel grill" or "griddle" and yaki meaning "grilled" or "broiled"). It did not do well until early 1965, when Clementine Paddleford of the New York Herald Tribune gave it a rave review. The Beatles and Muhammad Ali were among the celebrities who then descended on the four-table restaurant.

    Within a year Aoki opened a bigger restaurant that featured samurai armour, heavy wooden ceiling beams, and sliding shōji screens to provide some privacy.

    In 1968, it opened its first restaurant outside of New York City in Chicago.

    In 1976, Aoki brought in consultant Hardwicke Companies (its founder Charles H. Stein was the original developer of Six Flags Great Adventure as well as operated various New York restaurants including Tavern on the Green) as a partner to run the company. In 1980, Aoki terminated the relationship and settled a U.S. Securities and Exchange Commission complaint of insider trading of Hardwicke stock.

    In 1982, Benihana National Corporation went public with Joel Schwartz as president. Some of the restaurants continued to be privately owned by Aoki. The company had some missteps including the opening of the upscale Big Splash restaurant and a frozen food division Benihana National Classics. Its stock dived and shareholders sued over management including the fact that Aoki still had his privately held restaurants of the same name.

    In 1995, the company acquired 17 restaurants from Benihana of Tokyo.

    In 2004, the company issued a class of preferred stock to BFC Financial corporation to renovate its restaurants and expand. The stock diluted Aoki's control of the chain and the family sued, citing that Benihana had no compelling need for the cash, other forms of capital were available, and that the terms of the preferred stock issued to BFC were onerous. A member of the board of directors was also a director of BFC, a company that held controlling interests in BankAtlantic, Blue Green, and Levitt Homes. However, the Delaware Court of Chancery upheld the decision.

    Aoki died in 2008 at the age of 69.

    Benihana agreed in 2012 to be purchased by the private equity firm of Angelo Gordon & Company for $296 million.

     

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