Interco Incorporated (Converse, Florsheim, Ethan Allen)
Interco Incorporated (Converse, Florsheim, Ethan Allen)
- In stock
- Inventory on the way
Intricately engraved antique stock certificate from Interco Incorporated 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 American Bank Note Company, and measures approximately 12" (w) by 8" (h).
This certificate features a vignette of a pair allegorical angelic figures flanking the company logo.
Interco was organized in 1911 as the International Shoe Company (ISC) by the consolidation of Roberts, Johnson & Rand Shoe Company and the Peters Shoe Company, both of St. Louis, Missouri. The company built a reputation for manufacturing quality footwear in basic styles in the low-to-medium price range.
In 1921 ISC was restructured and chartered in Delaware. At that time it had 32 shoe factories in Missouri, Illinois, and Kentucky, and had recently acquired the three tanneries of Kistler, Lesh & Co. as part of the long-range goal to achieve full vertical integration. In May 1921 ISC acquired W.H. McElwain Company of Boston, with ten shoe factories, two tanneries, and four shoe-material factories, all in New Hampshire.
The acquisitions in 1952 of the Florsheim Shoe Company, a manufacturer of better-quality men’s shoes founded in 1892, and in 1954 of Savage Shoes, Ltd., the largest shoe manufacturer in Canada, were the last sizable acquisitions of shoe manufacturers until the mid-1980s. In 1958, however, ISC acquired its first offshore manufacturer, the Caribe Shoe Corporation of Puerto Rico. The firm was small, with a daily capacity of 3,500 pairs of juvenile shoes, but it foretold of the future.
Between 1964 and 1978 ISC acquired 21 separate companies, and with the exception of Central Hardware in 1966, all were apparel manufacturers or retailers. The acquired companies were given operating freedom, and some of these units went on to acquire additional firms in related areas of business, adding to the overall growth of ISC. The company was markedly successful in acquiring thriving firms with good product lines, and became a role model for other firms seeking to ensure profitability through acquisitions. In 1966 in keeping with its broader base as a diversified apparel maker, footwear manufacturer, retailer and department store operator, the International Shoe Company adopted the corporate name INTERCO.
A new direction was begun in 1979 when INTERCO agreed to the acquisition of Ethan Allen Inc. for cash and stock totaling $130 million. Ethan Allen, begun in 1932 as a home-furnishings jobber, was a fully integrated manufacturer and retailer of furniture and accessories.
A major addition to the footwear group was made with the acquisition in 1986 of Converse, a Massachusetts-based manufacturer of athletic footwear founded in 1908.The largest acquisition in furniture and home furnishings came in 1987 when INTERCO gained control of the Lane Company at a cost approaching $500 million. Lane, based in Altavista, Virginia, was founded in 1912 as a maker of cedar chests, and through growth and acquisition expanded into a full-line manufacturer of furniture in the medium-to-upper price ranges.
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.
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.
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.
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.