VA. Philip Morris & Co. Ltd., 1942 00 Specimen 3% Registered Bond, VF ABN

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Description
VA. Philip Morris & Co. Ltd., 1942 00 Specimen 3% Registered Bond, VF ABN. In 1902, Philip Morris & Co. Ltd. was incorporated in New York City. George J. Whelan bought the American division of the company in 1919 and created Philip Morris & Co. Ltd., Inc., along with fellow shareholders Reuben M. Ellis and Leonard B. McKitterick. In 1929, the company made its first cigarettes in Richmond, using an existing factory the company purchased. In 1933, this factory was racially integrated more than 30 years before the law required it. In 1938, the company offered preferred stock to ordinary buyers. Philip Morris advertisement, portrayed by Johnny Roventini In 1924, Philip Morris began advertising Marlboros specifically to women. The cigarettes had "new cork-tip filters housed in a flip-top box with a red roof design."
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