American General Corporation
American General Corporation
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Product Details
American General Corporation
Certificate Type
Common Stock
Date Issued
April 21, 1936
Canceled
Yes
Printer
Hamilton Bank Note Company
Signatures
Hand signed
Approximate Size
12" (w) by 8" (h)
Additional Details
NA
Historical Context
The story of American General began in 1925 when the Texas Commission of Appeals made a historic ruling that enabled insurance companies to underwrite both property and casualty insurance. Founder Gus S. Wortham, had a vision for such a company.
With financing in hand - provided by investment banker J.W. Link, Sr., Judge James A. Elkins, and entrepreneur Jesse H. Jones - Wortham began the task of naming his new company. Early suggestions - such as Lone Star, Trinity, and Magnolia Insurance Company - were too regional and didn't include the words "general insurance" to indicate the company would sell both property and casualty insurance.
Then one day, Wortham's friend and associate Carl Aderman stopped by with the answer. Taking off his hat and pointing to the George Washington insignia on the label, Aderman said, "Here's a general for you, Mr. Wortham, the first American general." The search for a name - and a symbol - were over.
On May 7, 1926, Wortham and Elkins braved a torrential storm on a train ride to Austin. There, they filed a charter for the new company. The next day, a yellow envelope was delivered to Wortham's associates in Houston. Signed by Judge Elkins, four words said it all: "The baby is born."
The company operated independently until the early 2000's when it was acquired by AIG.
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Additional Information
Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. All items offered are collectible in nature only. So, you can frame them, but you can't cash them in!
All of our pieces are original - we do not sell reproductions. If you ever find out that one of our pieces is not authentic, you may return it for a full refund of the purchase price and any associated shipping charges.
FAQ
Are the certificates offered on your site genuine or reproductions?
All of the certificates you see on our site are genuine pieces, we do not sell any reproductions.Are the certificates you sell negotiable on any of today's stock markets or indexes?
No. All of the pieces we sell are either canceled or obsolete and have collectible value only. Â
Are the images presented in your product listings of the exact piece I will receive?
It depends. We try to present images of the exact piece you will receive whenever possible. However, when we are offering quantities of a piece, this is impossible. Within every product page we detail whether or not you will be receiving the exact certificate listed, or if the image is a representative example of the one you will receive. Â
How will you ship my order and how much do you charge?Â
We ship all orders via the United States Postal Service. Most domestic orders are shipped via Ground Advantage. USPS International, Priority and Express Mail, UPS and DHL services are also available, and costs are calculated during checkout. Current charges may be reviewed here.
Can I return my purchase?Â
Absolutely. You may return any merchandise, for any reason, within 30 days of the purchase date for a full refund of the purchase price.
We guarantee all of our pieces to be authentic. If you ever determine that a piece is not authentic, it may be returned for a full refund of the purchase price as well as any associated shipping charges.
Shipping
If your order exceeds $35, and the shipping address is within the United States, shipping via USPS Ground Advantage is FREE!
We make every effort to ship out all orders within 24 hours of receipt.
We ship the majority of orders via the USPS, with domestic orders using the Ground Advantage service.
Shipping is calculated during checkout. Upgraded services such as Priority and Express Mail, as well as UPS and DHL options, are also available.
As soon as your order is shipped you will receive your tracking information via email.
OVERSEAS ORDERS PLEASE NOTE THAT WE DECLARE FULL ORDER VALUE ON ALL SHIPMENTS. CUSTOMER IS RESPONSIBLE FOR ALL VAT/CUSTOMS CHARGES.
Returns
Our goal is to make sure every item you receive is exactly what you had in mind. If you not happy with your purchase, weâll help you get it sorted in a timely and professional manner.
You can return anything we offer for an exchange, refund or store credit within 30 days of delivery. Return shipping costs may apply, and the item must be in its original condition and packaging.
Any shipping charges collected on the original order are not eligible for a refund.