-40%
Moncor, Inc. Stock Certificate for 2000 Shares
$ 5.27
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Description
This beautiful stock certificate was issued by Moncor, Inc. of New Mexico for 2000 shares of company stock. The certificate is beautifully engraved by the American Bank Note Co.Moncor National Bank of Hobbs, N.M. started an aggressive loan program in 1981. By 1985 went sour because 'safe and sound lending practices were sacrificed in pursuit of rapid growth and the loan portfolio deteriorated. The loan practices finally exhausted the bank's capital,' federal banking officials said.
The certificate has the usual light folds and staple holes, otherwise, in fine condition.
Certificate measures roughly 12 inches by 8 inches. All items guaranteed authentic and original.
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