Home > Stock Certs >

Glen Alden Corporation $1000 Bond
Glen Alden Corporation Bond
Glen Alden Corporation Bond
 
Save an additional 20% on all Stock Certs!  *Discount applied in cart.
Our Price: $24.99
Sale Price: $14.95
You save $10.04!

Vintage Stock Certificate


Product Code: SC459

Would you like to frame this?

Framing Options*:

Learn More about Your Framing Options
Would you like to add engraving to your frame?

Options:


Qty:  

  
Description
 
The Glen Alden Corporation was the successor of the Rapid American Corporation after it was renamed by founded Meshulam Riklis.

Meshulam Riklis is credited with originating complicated paper schemes like junk bonds and leveraged buyouts to take over control of major companies, then doing paper switches of the assets into companies he owned. His first significant foray was the creation of the Rapid-American Corporation by combining his significant stake in Rapid Electrotype Company, a platemaking concern with the American Colortype Company, a maker of stereoview lithographs and dollhouse furniture. Tracing the history of Rapid American Corporation and its renamed form Glen Alden Corporation. - Wikipedia

Forbes Magazine estimated Riklis left over $2.9 billion in unpaid debt.

Issued in 1960-1970s.