American Ad-Photo Scope, Inc. (Moving Picture Machine)
Beautifully engraved stock certificate from American Ad-Photo Scope, Inc., dating back to the 1920's. This document, which is signed by the company President and Secretary, was printed by the Corporation Supply Company of Chicago, and measures approximately 11" (w) by 8 1/2" (h).
This certificate's intricate vignette features an eagle on a crag.
You will receive the exact certificate pictured.
The November 13, 1920 edition of the United States Investor had this to say about American Ad-Photo Scope, Inc., then known as the Ad-Photo-Scope Company:
"The business of the Ad-Photoscope Company is the manufacture and marketing of the Ad-Photoscope machine, which is an automatic continuous moving picture projector for use in advertising and educational campaigns. We understand that it can be used in store windows, waiting rooms, school rooms, etc. and does not require an operator because it can be attached to an ordinary electric light socket. We understand that the company has no more stock for sale, having disposed of whatever it desired to sell to individuals or brokers, and that the management is regarded as completely financed.
The company is regarded as a legitimate proposition. F. H. Hihbard, its vice president, is well spoken of, and the company is understood to be handled in a business-like manner. Of course, the stock is a speculation, much depending upon whether or not as large a demand for the output of the company is realized as its officers appear to expect."
It appears the speculative nature of the stock became a reality for investors as there is no evidence the company became profitable.