Nicely engraved antique stock certificate from the Associates Investment Company, Inc. dating back to the 1970's. This document, which carries the printed signatures of the company Chairman of the Board and Secretary, was printed by the Security-Columbian Bank Note Company and measures approximately 12" (w) by 8" (h).
Detailed vignette features a pair of allegorical figures flanking the company logo.
As founder of the Associates Investment Company, First Bank Chairman Ernest M. Morris played a major role in establishing the finance industry as we know it today. In 1917 when few banks were interested in financing automobiles, he created the Associates Investment Company to purchase sales finance contracts from
The Associates became the first company to prepare a simple automobile loan contract and the first to develop a rate chart to clearly show the monthly loan payment. Under Morris’ leadership, the Associates became the third-largest independent finance company in the United States.
The company was based in South Bend, Indiana and today is part of Citigroup.