National Tunnel Stock 1937

tunnel prospectusThis is a combination story of Mom and Dad’s investments and of Mom’s writing career.  In 1937 they invested in National Tunnel Stock – Dad worked for Anaconda and thought this was a sure thing.  In the 1950s Mom took classes in Creative Writing and wrote of this venture.  She changed the share amounts – this is creative – but the story is otherwise true.
Turns out the tunnel went bust, filed for bankruptcy, and was bought out by – you guessed it – Anaconda and became very successful.  But not for the original stockholders.

tunnel hdc p1tunnel hdc p2tunnel hdc p3tunnel hdc p4tunnel hdc p5tunnel receipt env

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3 thoughts on “National Tunnel Stock 1937

  1. Pingback: National Tunnel Stock 1937 | AlwaysBackroads

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