United Drug, Inc.
United Drug, Inc.
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Product Details
CompanyUnited Drug, Inc.
Certificate Type
Capital Stock
Date Issued
January 2, 1942 (grey)
May 6, 1937 (orange)
Canceled
Yes
Printer
American Bank Note Company
Signatures
Machine printed
Approximate Size
11 1/2" (w) by 7 1/2" (h)
Images
Show the exact certificate you will receive
Guaranteed Authentic
Yes
Additional Details
NA
Historical Context
In 1902, Louis K. Liggett persuaded 40 druggists to invest in a drug company that would manufacture and distribute products in franchised stores. In 1903, the United Drug Company began operations at 43 Leon Street in Boston, now known Meserve Hall at Northeastern University. The stores and products were known by the name "Rexall," for "king of all."
By 1929, United Drug had 21 manufacturing plants throughout the United States. It employed over 25,000 workers, supplied 10,000 Rexall Drug Stores, and operated a chain of over 500 Liggett Drug Stores in the United States. In 1944, Liggett stepped down. Justin Dart, the new president, renamed United Drug the Rexall Drug Company and moved the headquarters to Los Angeles.
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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.
FAQ
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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.