Remington Phonograph Company (Signed by Philo E. Remington)
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Product Details
Certificate Type | Capital Stock |
Company | Remington Phonograph Company |
Date Issued | June 23, 1921 |
Canceled | No |
Printer | Security Bank Note Company |
Signatures | Hand signed |
Notable | Philo E. Remington |
Approximate Measurements |
11 1/2" (w) by 8" (h) |
Product Images | Show the exact certificate you will receive |
Guaranteed Authentic | Yes |
Historical Context
Philo E. Remington had numerous, dubious automobile ventures under his belt when he became enamored with the phonograph record. His next firm, the Remington Phonograph Company, organized in July of 1920, actually produced a handful of operatic titles under the Reminola and Olympic labels from its factory and recording studio in Long Island City, New York. But, as in the case of previous businesses, Philo failed to take into account the overwhelming competition, and the firm was bankrupt within the year and subsequently reorganized as the Remington Radio Corporation in June of 1922. This firm also quickly failed, Shortly thereafter, Remington and his officers and directors were indicted for conspiracy to use the mails to defraud in relation to sale of Remington Phonograph Company stock. Evidence suggested that to one degree or another fraud played a part in the formation of all of his earlier automotive enterprises although this time he was caught red-handed. After almost two years of litigation, the case abruptly ended on June 14, 1924 when a Federal judge ruled that the indictment against the men was faulty. |
Frauds, Scandals & Collapses | Consumer Products |
Music | Queens |
New York |
Philo E. Remington
Philo E. Remington's Signature Philo E. Remington (1869 - 1937) was the wealthy grandson of Eliphalet Remington, founder of the world-renowned Remington Arms Company of Ilion, New York. |
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.