Catalogue information

LastDodo number
1547269
Area
Securities and bonds
Title
Black Angus Franchise System, Inc., Certificate for 100 shares, Common stock
Face value
0,10 US Dollar per aandeel
Interest rate
Country of publication
State, town
Year of emission
Number produced
Ornamental value
Rarity
Dimensions
20,5 x 30,5 cm
Details

On vz. top center an image of a cowboy with a revolver: Mr Angus. Signatures facsimile (of founders Herbert Brodsky and Jack Silver). Piece by name. Depreciation by perforation and / or stamping. Two childhood friends, Herbert Brodsky and Jack Silver, founded a restaurant chain in Miami (Steak King) in the early 1960s with a simple concept: they bought old, no longer running drive-in restaurants, converted them into the Steak King format and rented it out to franchisees. At one point they thought about establishing restaurants all over the United States. For years, an artist impression of a "corporate" restaurant hung in their office, but they changed their minds and switched to a series of family restaurants (steak houses) under the name Black Angus. In 1970 Black Angus Franchise System was renamed Black Angus Systems. This company also ran the Kelly Seafood House in Sunny Isles. During its heyday, the company had its own cattle ranch, where cattle were raised for its own restaurants. In the early years, a dinner (with charcoal-roasted sirloin steak) cost $ 1.49. When meat prices soared in the 1980s, Jack Silver felt he could no longer sell meat for a fair price. He therefore decided to quit the restaurants instead of charging sky-high prices on the menus. The original founders have since passed away and were known for their kindness and how they interacted with their loyal guests.

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