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(1896-1904)
AB-II#: MI-285d
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1896 Stock Certificate

1896 Stock Certificate
This is a VERY rare capital stock certificate (#7) that was issued shortly after the brewery was incorporated in 1896. The stock is dated February 6th 1896 and issued to Joseph Marx 100 shares at $10.00 per share. The initial Capital stock offering was $40,000, so this represented 1/40th of the company at the time. Joseph was one of the Marx brothers and can be seen in a photo on Page 299 of Peter Blum's "Brewed in Detroit" book. The certificate is also signed by Frank Marx (President) and Theo. Hoersch (Treasurer).
1896 Stock Certificate Back
1896 Stock Certificate Back
The back of the certificate is also filled out and indicates that Joseph sold the shares back to Frank on the 23rd of May, 1896. There is no indication what the selling price was, but hopefully he made a profit!

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Revised: December 30, 2006