Marriott-Hot Shoppes, Inc.
Marriott-Hot Shoppes, Inc.
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Product Details
Nicely engraved antique specimen stock certificate from Marriott-Hot Shoppes, Inc. dating back to the 1960's. This document, which carries the printed signatures of the company President and Secretary, was a printed by the Security-Columbian Bank Note Company, and measures approximately 12" (w) by 8" (h).
The vignette features an eagle with wings outstretched.
Images
You will receive the exact certificate pictured.
Historical Context
J. Willard Marriott, who had moved away with his business partner Hugh Colton and his wife Alice from Utah to Washington, DC, in 1927, where he operated a curbside food stand selling A&W Root Beer in the Columbia Heights neighborhood of Washington at 14th Street and Park Road NW. He would later rename the food stand The Hot Shoppe, adding Mexican food items to the menu. Marriott's business expanded to Baltimore, Maryland, in 1934, shortly after which the company started its food services division. During Second World War, the business expanded to include the management of food services in defense plants and government buildings, such as the U.S. Treasury. Then in the 1950s, Hot Shoppes, Inc. started providing food services to public schools and to Children's Hospital in 1955, a contract which they held for 35 years.
The company went public in 1953. In 1957, the firm expanded into the hotel industry by opening the first Marriott hotel (actually a motel), the Twin Bridges Motor Hotel, in Arlington County, Virginia.
In 1964, Hot Shoppes, Inc. was renamed Marriott-Hot Shoppes, Inc. The company later became Marriott Corporation in 1967.
In 1967, Marriott acquired the Big Boy family restaurants chain from Bob Wian.
The following year, Marriott acquired the Fort Wayne, Indiana-based RoBee's, a roast beef sandwich fast-food chain, but later discovered that they would not be able to use the RoBee's name nationally. At the suggestion of the new Marriott board member Bob Wian, cowboy actor Roy Rogers was contacted to lend his name to the roast beef sandwich venture, and the Roy Rogers Family Restaurants was formed in a few months later by converting RoBee's and a few Hot Shoppe locations.
Over the years, Marriott's company interests expanded. Continuing with food services, Marriott eventually became involved with airline in-flight food service. This segment of their enterprise continues to be a large part of their business, providing food services to many major airlines.
In 1976, Marriott opened two theme parks called Marriott's Great America in California and Illinois. Another was planned for Maryland or Virginia, but local opposition prevented construction from ever beginning at any of the three proposed sites. The parks had replicas of the first Hot Shoppes. Both parks were sold in the mid-1980s, the one in California sold to Paramount Parks first, then in 2006, Cedar Fair bought Paramount Parks and the one in Illinois was sold to Six Flags in 1984.
In 1982, the company acquired Host International for $120 million and also Gino's Inc., the owner of Gino's Hamburgers and Rustler Steak House restaurant chains, for $48.6 million. 108 Rustler Steak House Restaurants plus three other restaurants were sold in the following year to two different firms for undisclosed amounts. Newly formed Tenly Enterprises purchased 94 restaurants while Sizzler Restaurants International purchased the remaining 17.
By 1984, Marriott had formed a vacation time-share division, now called Marriott Vacation Club International, through the purchase of American Resorts Group for an undisclosed amount and also a senior-living division.
In 1985, the company purchased the Howard Johnson's restaurant chain from the Imperial Group P.L.C. of London for $314 million with plans of converting the acquired restaurants to the Bob's Big Boy brand and to make Bob's the largest coffee-shop business in the country.
In 1987, Marriott sold the Big Boy restaurants franchise rights to Elias Brothers for an undisclosed amount while keeping 208 company-owned Bob's Big Boy restaurants in California and selected locations on the East Coast.
In 1988, Marriott purchased all 91 Wag's restaurants from Walgreens Corporation, but dissolved the chain in 1991.
The Roy Rogers chain was sold to Hardee's in 1990 for $365 million in cash.
The Marriott Corporation ended its existence as a single company in 1993, when it was split into two separate entities: 1) Marriott International Corporation, which operated the hotel and lodging aspect of the business and Marriott Vacation Club International, and 2) Host Marriott Corporation, the new name for the original Marriott Corporation and operating the Marriott Food Services Management. The last Hot Shoppes restaurant, located in the Marlow Heights Shopping Center, closed on December 2, 1999.
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.