Northwestern Mutual Life Mortgage and Realty Investors stock certificate 1971
Great insurance and real estate investing collectible stock certificate. Nice vignette of a seated allegorical female figure in front of forest and city scenes. Issued and cancelled,. Dated 1971.
Incorporated in 1971. This company was a trust that managed income from real estate and mortgage investments (buy, sell, hold). The company merged into Northwestern Mutual LIfe.
In 1982, the Milwaukee-based Northwestern Mutual Life Insurance Company, the nation's ninth-largest life insurance company, and the real estate investment trust which it advises, Northwestern Mutual Life Mortgage and Realty Investors, jointly announced that they had entered into an agreement in which Northwestern Mutual Life will acquire the trust for $65.5 million.
Northwestern Mutual Life, which was also in the process of acquiring a brokerage firm and an insurance company, said the offer would be conditioned upon a minimum of 3.3 million shares, or 68 percent of the currently outstanding shares, being tendered.