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Arizona Co-Operative Mercantile Association Stock Certificate (Mormon Business) [160413]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:50.00 USD Estimated At:100.00 - 200.00 USD
Arizona Co-Operative Mercantile Association Stock Certificate (Mormon Business) [160413]
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Inc. in Arizona. No. 705, issued for 9 shares to secretary John Hulet in 1893 in Holbrook. Signed by Jesse Smith (president) and Jno. Hulet (secretary). Pen and cut cancelled. Black border and print, Arizona state seal vignette. Founded in 1881, the ACMI was the Arizona version of the ZCMI (Zion's Cooperative Mercantile Institution) in Salt Lake City. The ACMI was originally begun as a wholesaler for Mormon towns in the region, purchasing supplies at prices that individual settlements could not command. However, it quickly assumed an important credit function.

Date: 1893
Country (if not USA):
State: Arizona
City: Holbrook
Provenance: