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Donofrio Crystallized Cactus Company Stock - Or the Almost extinction of the Barrel Cactus (123412)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Consumer Goods Start Price:25.00 USD Estimated At:50.00 - 150.00 USD
Donofrio Crystallized Cactus Company Stock - Or the Almost extinction of the Barrel Cactus  (123412)
SOLD
60.00USDto d*******f+ buyer's premium (15.00)
This item SOLD at 2020 Oct 31 @ 10:40UTC-7 : PDT/MST
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What a story. Number 18 for 10 shares to Charles Conner, Signed by DA Donofrio as president. Dateline 1905. Incorporated in 1905. Three vignettes of Arizona cactus. Extraordinarily nice condition. In 1891, on the final leg of his long journey from southern Italy to Arizona, 12-year-old Dominick Donofrio looked out the train window and saw his future take shape. For miles, the Southwestern desert was an uninterrupted forest of cacti. I 1905 Dominick purchased his brother's candy stoe. Looking to make a name for himself, he choose to make cactus Candy. By all accounts, the gimmickry paid off. Mail-order business soared, and Donofrio’s new treat popped up in candy stores across the nation. The company produced 15,000 pounds of the stuff in 1920 alone. Other companies followed suit and the cactus became a treat, which require a lot of cacti being cut down.

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State: Arizona
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Provenance: Ken Prag Collection