549

Reynolds Securities Inc. Specimen Stocks (3),

Currency:USD Category:Collectibles Start Price:100.00 USD Estimated At:200.00 - 400.00 USD
Reynolds Securities Inc. Specimen Stocks (3),

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Auction Date:2007 Jan 31 @ 09:00 (UTC-5 : EST/CDT)
Location:1580 Lemoine Ave., Suite 7, Fort Lee, New Jersey, 07024, United States
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The auction will take place in our new office at 1580 Lemoine Ave., Suite 7, Fort Lee, NJ 07024
DE. 1969. Specimen. Vignette of man and woman by open door. 3 different stock certificates. 1). than 100 shs, common, blue. Reynolds & Co. was started in 1931 by Richard S. Reynolds Jr., Thomas F. Stanely, and Charles H. Babcock, all members of the Reynolds family. The company went public in the early 1970's, becoming Reynolds Securities. In 1978 Reynolds and Witter joined forces in what was then the largest merger in the history of the U.S. securities industry. Both firms were industry leaders and neither had posted a loss since they had opened their doors. The resultant company, Dean Witter Reynolds, was the fifth largest broker in the United States. Sears acquired Dean Witter Reynolds in 1981 for about $600 million. In 1997, Morgan Stanley and Dean Witter Reynolds announced that they would merge, creating the largest asset management company and the largest securities firm, in terms of equity capital, in the United States. The deal, valued at $10.22 billion, was finalized on May 31, 1997, and the new company was named Morgan Stanley, Dean Witter, Discover & Co. Each share of Morgan Stanley stock was converted into 1.65 shares of Dean Witter. SCBNC. XF.