Fidelity Corporation bond certificate 1968 (Virginia)
Neat investment collectible. Nice vignette of the company's headquarters building in Richmond VA. Issued and cancelled. Dated 1968 in the text. Denomination stamp touches vignette.
Fidelity Corporation (Fidelity) was a Virginia corporation with headquarters in Richmond, Virginia. It was strictly a holding company, which owned the stock of around 30 operating companies, such as Virginia Foresight, and several other subordinate holding companies. Most, but not all, of the companies owned by Fidelity were financial or insurance institutions. Much of the land holdings were for forestry development for paper companies.
The name was changed to Drum Financial Corp in 1979 which was acquired by St Regis Paper in 1981 which merged into Champion International in 1981. Champion merged into International Paper in 2000.