Elgin National Watch Co. - 1920\'s-30\'s dated Timepiece Stock Certificate - Watch For Sale

General Stock printed by Western Bank Note Company, Chicago. Very famous watch makers. Small vignette of figure holding a clock and another of an eagle perched on a clock. Rare! Important!!! The Elgin National Watch Company, commonly known as Elgin Watch Company, was a major US watch maker from 1864 to 1968. The company sold watches under the names Elgin, Lord Elgin, and Lady Elgin. For nearly 100 years the company\'s manufacturing complex in Elgin, Illinois, was the largest site dedicated to watchmaking in the world. The company was first incorporated in August 1864 as the National Watch Company, in Chicago, Illinois, by Philo Carpenter, Howard Z. Culver, Benjamin W. Raymond, George M. Wheeler, Thomas S. Dickerson and W. Robbins. In September of the same year the founders visited the Waltham Watch Company in Waltham, Massachusetts, and successfully convinced seven of Waltham\'s watchmakers to come to work for their new company. The growing young city of Elgin, Illinois, some 30 miles northwest of Chicago, was chosen as the factory site. Initially, as part of the deal, the city was asked to donate 35 acres (142,000m) of land for construction of the factory. A derelict farm was selected for this, however the owners refused to sell the property unless the city purchased their entire 71 acres for $3,550. Four Elgin businessmen agreed to purchase the property and then donated the required 35 acres to the watch company. The company was re-organized in April 1865 and the factory was completed in 1866. The first movement, delivered in 1867, was named the B.W. Raymond in honor of Benjamin W. Raymond. The watch was an 18 size, full plate design. In 1869, the National Watch Company won \"Best Watches, Illinois Manufacture\" at the 17th Annual Illinois State Fair, for which it won a silver medal. The company officially changed its name to the Elgin National Watch Company in 1874, as the Elgin name had come into common usage for their watches. Read more at Item ordered may not be exact piece shown. All original and authentic.