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USA/Netherlands - Automatic Canteen Company of America (ITT) 1959 - SPECIMEN

USA/Netherlands - Automatic Canteen Company of America (ITT) 1959 - SPECIMEN

$ 7.91

Availability: 100 in stock
  • Circulated/Uncirculated: Circulated
  • Item must be returned within: 14 Days
  • Return shipping will be paid by: Buyer
  • Modified Item: No
  • All returns accepted: Returns Accepted
  • Country/Region of Manufacture: Netherlands
  • Refund will be given as: Money Back

    Description

    USA/Netherlands - Automatic Canteen Company of America (ITT) 1959 - SPECIMEN
    The oldest of TW Services' units (formerly Trans World)
    was Canteen, founded in July 1929 by Nathaniel Leverone and two other partners. Just before the onset of the Great Depression, Leverone acquired the Chicago Automatic Canteen Corporation, the vending operations of an American Legion chapter in Chicago. The company oversaw the operations of 100 five-cent candy bar machines stationed throughout the Chicago area. In 1930 Leverone changed the name of his company to the
    Automatic Canteen Company of America
    , and he began to seek out franchise operators, who would be given an exclusive contract to operate Canteen machines in different areas of the country. By 1931, 15 different franchises had been established.
    Wartime shortages in the early 1940s challenged the abilities of Canteen's franchise operators. At the end of the war, however, a sharp increase in the manufacture of consumer goods proved a boon to Canteen operators, since many of their machines were located in factory lunchrooms. The company thrived throughout the 1950s, and in 1960 its operations were expanded with the purchase of Nationwide Food Service, which also provided food services for people in their workplace. In the mid-1960s American Canteen shortened its name to the Canteen Corporation.
    Three years later the company was purchased by International Telephone and Telegraph (ITT).
    Issuer :
    Automatic Canteen Company of America (ITT)
    Type: Dutch SPECIMEN for 10 share
    Nominal : USD 25
    Country : Netherlands
    Place : Amsterdam
    Issue date :
    1959
    Cancelled : Yes
    Coupons : Yes
    Quality : EF, unfolded (see photo)
    Shipment Worldwide
    Europe
    USA
    China
    Russia
    < 100 grams
    6,00
    6,00
    6,00
    6,00
    100 - 350 grams
    12,00
    12,00
    12,00
    12,00
    >350 grams
    18,00
    20,00
    20,00
    20,00
    I will combine shipment costs for multiple wins.
    Winning bidder to pay by PayPal. Other payment methods may be accepted upon request. Please note that I am located in the Netherlands.
    Amounts above USD 200 require to be send by registered mail at an additional cost.