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Lot 1
American Brands Inc., circa 1970
Estimate : 3,500 - 4,500
This lot contains a beautifully engraved certificate from the famous American Brands. This historic document was printed by the American Banknote Company and has an orange ornate border around it with a vignette of an Indian Chief. This item has the printed signatures of the company's officers.
In October 1996, American Brands' announced it would split into two companies in an effort to boost stock and calm investor fears about tobacco litigation. The company said it would spin-off its British-based Gallaher Tobacco unit on the London Stock Exchange. Its remaining consumer brands would be grouped together in a U.S. based company that was be renamed.
Gallaher, the leading British cigarette maker, accounted for more than half of American Brands' $11.3 billion in sales in 1995, two years after it sold its American Tobacco Company.
U.S. shareholders' received American depository receipts in a new, independent Gallaher's as well as stock in what was left of American Brands which was to be renamed Fortune Brands. The company chose Fortune because it's a term synonymous with great prosperity and is also the name of its Australian liquor subsidiary, a division that has proven highly profitable.
Number: VN271245
Shares: 100
Owner: Atwell & Co
Hammer Price :
3,800
+ Buyer premium (10 %)
 380.00
Total
4,180
The lot has ended
Description

This lot contains a beautifully engraved certificate from the famous American Brands. This historic document was printed by the American Banknote Company and has an orange ornate border around it with a vignette of an Indian Chief. This item has the printed signatures of the company's officers.
In October 1996, American Brands' announced it would split into two companies in an effort to boost stock and calm investor fears about tobacco litigation. The company said it would spin-off its British-based Gallaher Tobacco unit on the London Stock Exchange. Its remaining consumer brands would be grouped together in a U.S. based company that was be renamed.
Gallaher, the leading British cigarette maker, accounted for more than half of American Brands' $11.3 billion in sales in 1995, two years after it sold its American Tobacco Company.
U.S. shareholders' received American depository receipts in a new, independent Gallaher's as well as stock in what was left of American Brands which was to be renamed Fortune Brands. The company chose Fortune because it's a term synonymous with great prosperity and is also the name of its Australian liquor subsidiary, a division that has proven highly profitable.
Number: VN271245
Shares: 100
Owner: Atwell & Co

Provenance
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It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using 'Content here, content here', making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for 'lorem ipsum' will uncover many web sites still in their infancy. Various versions have evolved over the years, sometimes by accident, sometimes on purpose (injected humour and the like).

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using 'Content here, content here', making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for 'lorem ipsum' will uncover many web sites still in their infancy. Various versions have evolved over the years, sometimes by accident, sometimes on purpose (injected humour and the like).

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using 'Content here, content here', making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for 'lorem ipsum' will uncover many web sites still in their infancy. Various versions have evolved over the years, sometimes by accident, sometimes on purpose (injected humour and the like).

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