^Lot 205 Atlas Powder Co. Bond Proof,

DE. 1913. Proof. $ 1000, 6%, 10 Year Income Gold Bond. Proof of vignette, title and text without border. Printed on off white paper with purple "Cancelled" hand stamps and "Destroyed" in orange on top refering to the plate destruction. Vignette of Atlas holding exploding box on back. Laflin & Rand Powder Company collaborated with rival DuPont in 1882 annd formed Hercules Powder. In 1902 DuPont purchased Laflin & Rand, operating it as a subsidiary. In 1912, a successful Federal antitrust suit against DuPont for its prior "Powder Trust" activities forced the company to dissolve Laflin & Rand and divest a portion of its explosives business into two newly created companies, the Hercules and Atlas Powder Companies. Unique historic bond in archive. Republic BNC. VG with wrinkles, toning and light stains.