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Cousins Mortgage and Equity Investments

$8.00 $3.97

SKU: 6296

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Product Details

 

Nicely engraved antique stock certificate from Cousins Mortgage and Equity Investments dating back to the 1970's. This document, which carries the printed signatures of the company Chairman and Secretary, was printed by the Security-Columbian Bank Note Company and measures approximately 12" (w) by 8" (h).

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You will receive the exact certificate pictured.
    Historical Context

    Cousins Mortgage and Equity Investments was a REIT formed in Georgia by Thomas Cousins. Cousins formed the company as a complement to his other real estate venture, Cousins Properties.

     

    Through his companies, Cousins developed buildings such as the CNN Center, the Omni Coliseum, 191 Peachtree Tower, the Pinnacle Building in Buckhead and the first phase of the Georgia World Congress Center. He and competitor John Portman completely remade downtown Atlanta in the 1970s and 1980s.

    He also helped revive and redesign the home course of golfing great Bobby Jones, East Lake Golf Club, which had fallen into disrepair. He hired Rees Jones (no relation to Bobby) to redesign the golf course, which has since hosted the PGA Tour's season ending Tour Championship several times, and become one of the leading golf courses in Atlanta. Cousins and his family financed the project to the tune of about $25 million. This was part of a greater revitalization of the East Lake Meadows housing project in the East Lake neighborhood around the golf course.

     

    In April 1968, Cousins purchased the Hawks basketball team and moved them from St Louis to Atlanta, renaming them the Atlanta Hawks. At the time Atlanta did not have pro-basketball facilities, but Cousins was building a local arena complex. Cousins also owned the Atlanta Flames until he sold them in 1980 for approximately $16 million to a consortium from Calgary. He purchased the original Atlanta Chiefs soccer club of the North American Soccer League from the Braves in 1973, during this time they were renamed the Atlanta Apollos.