National Tea Co.
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Product Details
National Tea Co.
Certificate Type
Common Stock
Date Issued
February 20, 1930 (red)
March 31, 1930 (olive)
Canceled
Yes
Printer
American Bank Note Company
Signatures
Hand signed
Approximate Size
11 1/2" (w) by 7 1/2" (h)
Additional Details
NA
Historical Context
Based in Chicago, the first National Tea store opened in 1899. Number of locations peaked in 1929 at 1,627. Consolidation had reduced this number to 883 by 1957. During the 1950s, National acquired numerous chains including:
- C.F. Smith Stores (St. Louis, Missouri)
- Northwest Piggly Wiggly
- G.T. Smith's Market Basket
- Dale Supermarkets
- Food Center stores (selected locations)
- Capital Stores (Baton Rouge, Louisiana)
- Ashton's (Gulfport)
- H.A. Smith (Memphis, Tennessee)
- Montag's (Memphis)
- Maker's (Michigan)
- Illinois Valley Stores (selected locations)
- Devan's (Mobile, Alabama)
- Logan's (Nashville, Tennessee)
- Council Oak Stores (Minnesota)
National Tea was acquired by Loblaw Companies of Canada in 1955. In the 1970s, Loblaw started divesting unprofitable stores, starting with 250 Chicago, Syracuse, and California stores in 1976. Indianapolis was sold in 1982, Minneapolis in 1983, and all remaining assets by 1995.
Related Collections
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.