Page & Shaw Candy > 1918 Massachusetts stock certificate signed Shaw & Dunham

Old Stock Yard Collectible Stock and Bond Certificates
Page & Shaw Incorporated
Original stock certificate
Famous Massachusetts candy company (read more below)
Issued to and hand signed by
Otis Emerson Dunham!
Hand signed by
Charles Shaw
as president!
1918 – Cambridge, Massachusetts
Attractive certificate with beautiful vignette and company logo at top
More information on the history of Page & Shaw candy company:
Page & Shaw was a candy shop in Massachusetts during the 1920’s. The following is an excerpt from a Time magazine article titled “Candymen”, originally published on August 19, 1935:
“So inordinately fond of sweets was the late teetotaling James Buchanan (“Diamond Jim”) Brady that he was known to eat a pound of candy in five minutes. One day he was given a box of chocolates made by a small Boston confectionery named Page & Shaw. “It’s the best goddam candy I ever put in my mouth!” cried “Diamond Jim,” who vowed he would thereafter buy no candy but Page & Shaw’s. Later, according to his biographers, he offered the struggling little candy company $150,000 without interest.
Page & Shaw did not remain obscure for long. Styling itself as “the only international candy company,” it opened branches in England, France and Canada, a chain of swank stores from Manhattan to San Francisco. By 1924 its sales reached a peak of 2,200,000 lb. per year. Then troubles came to Page & Shaw. Sales slumped, cash dwindled. Control had fallen into the hands of a Boston lawyer named Otis Emerson Dunham. Promoter Dunham shocked the Boston Better Business Bureau by giving away one share of common stock with every $2 worth of candy. In 1930 Promoter Dunham and two stockbrokers were found guilty of conspiracy in floating $2,000,000 worth of Page & Shaw stock. According to the prosecution, half of the money received from selling the stock went to the brokers. Otis Dunham was sentenced to two years in a Massachusetts house of correction. Before his sentence began, Page & Shaw quietly toppled into bankruptcy.
Last week, firmly convinced that he had been victimized, Otis Dunham emerged from retirement to file in Massachusetts a damage suit against six of his stock-selling cronies. Claiming that the brokers had forced their way into the company in 1929 and “caused his name to be forged on papers and letters,” he demanded $1,500,000 damages and complete vindication of blame for the shady stock deals. Page & Shaw has never recovered from the Dunham spree. It still operates a factory in Cambridge, but all its retail stores have been closed. Most of its candy is sold today through drug stores and specialty shops.”
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FAQs:
Are you your certificates authentic or copies?
Everything
I sell is original and authentic. I do not sell copies or reproductions.
Is the certificate pictured the exact one I will receive?
Usually, yes. Occasionally, I do list certificates of the same type without rescanning. In this case, the certificate you receive will be virtually identical (same color, size, vignette, etc.) to the one pictured. Again, if you ever receive anything from me you are not 100% pleased with, you can return it for a full refund.
What is the best way to store, protect, and display my certificate collection?
The best thing, by far, that I have come across for storing certificates are
profolios and sleeves made by Itoya
. You can purchase them on my website or in my eBay store. I have several sizes available.
Do the certificates you sell have financial value?
No, these certificates are sold as collectibles only; although they are authentic, they no longer hold financial value.