Nicely engraved antique stock certificate from Laurel Mills, Inc. dating back to the 1940's. This document, which is signed by the company President and Secretary, was printed by the Foote & Davies Co. of Atlanta and measures approximately 11" (w) by 8 1/2" (h).
This certificate features a vignette of an eagle with a flag atop a globe.
Laurel Mills, Inc. was incorporated in Mississippi and was one of a number of Mississippi cotton mills that thrived during the late 19th and early 20th centuries.
Laurel was founded in 1882 as a lumber town, as the industry harvested yellow pine forests in the region. The city was named for laurel thickets near the original town site.
By the turn of the century, the city became a site of cotton mills, to process and manufacture textiles from the state's commodity crop of cotton. The city population grew markedly during the early 20th century, as rural people were attracted to manufacturing jobs.
The city reached its peak of population in 1960, and has declined about one third since then.