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The American Tobacco Company – Vintage Stock Certificate
The American Tobacco Company was one of the first great holding companies in United States history. Founded in 1890 by James Buchanan Duke, the the American Tobacco Company was one of the first 12 companies to make up the Dow Jones Industrial Average.
At the beginning of the twentieth century, both the American Tobacco Company and Standard Oil were indicted for violation of the Sherman Antitrust Act and in 1911 the Surpreme Court ordered both companies to be dissolved. The American Tobacco Company was then broken up into R. J. Reynolds, Liggett & Myers, and Lorillard.
Stock certificate is sold as a decorative collectible. Stock certificates has no value on any stock exchange and does not represent any ownership in a current business.