Name: Armstrong Rubber Company
Brand: Ghosts of Wall Street
SKU: 2895
Price: 9.0 USD
Availability: OutOfStock

Armstrong Rubber Company Stock Certificate

In stock
Inventory on the way

Product Details

Beautifully engraved antique stock certificate from the Armstrong Rubber Company dating back to the 1960's. This document, which features printed signatures of the company President and Secretary, was printed by the American Bank Note Company and measures approximately 12" (w) by 8" (h).

The vignette on this piece shows a male figure working a rubber hose, rubber trees, a storage tank and industrial equipment.

Images

You will receive the exact certificate pictured.

Historical Context

George F. Armstrong founded the Armstrong Rubber Company in West Haven in 1912. Unlike companies such as Goodyear, Firestone, and Uniroyal, Armstrong focused his attention on the replacement tire market, taking advantage of Americans’ propensity for holding on to their cars for long periods.

Over the next 50 years, Armstrong Rubber benefited from America’s growing fascination with the automobile. In particular, the economic prosperity of the post-World War II era set Americans on the roads in record numbers. Driving on newly constructed highways and flush with spendable income, the demand for automobile tires skyrocketed. Between 1960 and 1969, annual US tire production grew from 119 million to over 200 million.

In 1983, the firm bought out Gates Rubber Company's share of Baton Rouge, Louisiana-based Copolymer Rubber & Chemical Corp., gaining full ownership of the synthetic rubber producer. Armstrong Rubber in 1985 acquired Blackstone Corporation, a maker of original equipment heat exchange components, and in 1986 made its biggest move, purchasing Dayco Corporation's hose and belt operations for $184 million.

By 1987, tires represented only about 35 percent of Armstrong Rubber's sales, tied with hose and belts. Heat exchange product sales generated about 20 percent of revenues, and synthetic rubber brought in about 10 percent.

At the end of 1986, management decided to shed its tire-related name. On February 18, 1987, shareholders voted to adopt the restructuring plan that renamed the company Armtek, with four distinct operating units.

Armtek, buoyed by its famous "Grip the Road" advertisements, was one of the largest independent tire producers in the United States until 1989, when they sold of their tire division to the Pirelli Tire Company.

Only a few days after Armtek sold the tire business, a firm (Mark-IV) with little connection to the automotive industry took a 14% piece of the company and began a hostile takeover of Armtek. Three months later Mark IV completed its takeover.

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 Information

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.