Authentic 1915 Stock Certificate – WW Putnam Company, incorporated in 1915 in Staunton, VA. This 10 shares at $100/share certificate was issued to Herbert Fox in 1915. Charlotte Fox inherited this stock from Herbert Fox in 1917. This Virginia company made pump organs.
The W. W. Putnam Organ Company was established in 1894 by William Wallace Putnam. The firm started with very humble beginnings, operating their business out of a back room with only 2 employees. Shortly after Putnam established his firm, Herbert E. Fox, a former partner in the Bell Organ Company of Ontario, became a partner in the W. W. Putnam Organ Company. The firm quickly earned a superior reputation for high quality instruments, and by 1906 the firm had 200 employees and a 50,000 square foot factory which produced more than 6,000 organs a year! In addition to organs sold under the ‘W. W. Putnam & Company’ brand name, the firm built small portable organs sold as ‘The Little Giant Folding Organ’. Sometime around 1920 the firm was absorbed into the Basic Furniture Company. Putnam organs were discontinued well before the Great Depression. Buy this stock certificate before pump organs become trendy again!
The certificate is in great condition for its age. The certificate is double sided and measures about 13″ by 8 1/2″. A great local item of historical interest.