The American Tobacco Company was founded in 1890 by J. B. Duke as a merger between a number of tobacco manufacturers including Allen and Ginter and Goodwin & Company. The company was one of the original 12 members of the Dow Jones Industrial Average in 1896.
Akin to the domination of Standard Oil in the same era, the American Tobacco Company dominated the industry by acquiring the Lucky Strike Company and over 200 other rival firms. The company built processing plants and warehouses in Reidsville and Durham in North Carolina. Antitrust action begun in 1907 against the American Tobacco Company, and broke the company in 1911 into several major companies:
American Tobacco Company
R. J. Reynolds
Liggett & Myers Tobacco Company
Common Stock, issued in the 1960’s
Printed by the American Bank Note Company
8” (h) x 12” (w)
This certificate has vertical fold lines, punch hole cancels in signature areas and body, edge faults and toning from age.