Lot 5938 email save

Delaware. U.S. Hercules Powder Co. Proof Stock.

ND (ca.1940-50). 100 Shs. $2 Cumulative Convertible Class A. Proof stock certificate. Vignette of Hercules with large club on left. Blue border on light brown paper. Vertical fold. Laflin & Rand PowderCompany collaborated with rival DuPont in 1882 and formed Hercules Powder. In 1902 DuPont purchased Laflin & Rand, operating it as a subsidiary. In 1912, a successful Federal antitrust suit against DuPont for its prior "Powder Trust" activities forced the company to dissolve Laflin & Rand and divest a portion of its explosives business into two newly created companies, the Hercules and Atlas Powder Companies. Rare explosives and gunpowder certificate. SCBNC.