1970s Paul Revere Investors Inc Stock Certificate Vintage Collectible
$ 7.92
Description
This green stock certificate for 100 shares, issued and canceled in the early 1970s, is notable for its double vignette featuring Paul Revere on his horse and a classical female figure with a globe and modern city scene. Cancellation holes and stamps present, great condition. Paul Revere Investors Inc., based in Worcester, Massachusetts, was incorporated in 1971. The company focused on long-term, fixed-income debt obligations with equity features, primarily acquired through direct placements Paul Revere offered a unique automatic dividend investment plan, allowing shareholders to reinvest all dividends into company stock. The company’s history dates back to the founding of the Masonic Protective Association (MPA) in 1895 by James E. Farwell, Frank M. Heath, and Francis A. Harrington. Initially a fraternal insurance company for Freemasons offering accident, disability, and life insurance, the MPA reorganized as a stock company in 1909 due to legislative changes. The Harrington family controlled the company for the next 50 years, guiding it through various transitions until it became the Paul Revere Life Insurance Company in 1930. In 1997, Paul Revere Investors Inc. was acquired by Unum Corporation.
