Century Ribbon Mills, Inc. stock certificate 1930's (New York)
Awesome textile collectible. Nice vignette of a reclining classical female with machinery, books, and industry scene in the background. Issued and cancelled. Dated 1930's
Incorporated 1882 in NY City, the company served the textile industry of the Northeast. The company had plants in Virginia, Pennsylvania, and New York which produced silk ribbons. The company became Century Industries in 1956 then Century Factors in 1975. IN 1985, the company became the Century Business Credit Corp which was acquired by CBC Acquisitions in 1987.
Ernest Levy was born in Germany in 1853, and at the age of 24 emigrated to the United States with his brother Hermann. In 1878, Ernest Levy had a bolt of ribbon sold to him (maybe mistakenly). After selling the ribbon at a profit, Ernest and Hermann decided that the future lay in ribbons and established the Ernest & Hermann Levy company. The Levy brothers built their business slowly but well, and by 1922 the company had evolved to become the Century Ribbon Mills, Inc