Name/Title
Subject files--Carter Products, Inc.--May to July 1957Entry/Object ID
1971.003.0097Scope and Content
1 folder ; 9 5/8" x 11 3/4"
May 28, 1957 Newspaper article about the long-standing argument between the Federal Trade Commission and Carter's Little Liver Pills. The FTC insisted the company remove "liver" from the trade name because the pills have no therapeutic value. Carter's fought back. The case had been going on for fifteen years.
In June, some stockholders wanted to take the company public. There was a shareholders meeting to consider the question. On July 1, 1957, there was a preliminary prospectus and shareholders were expected to submit their old shares for new ones. Mr. Coad did that.
Another preliminary prospectus was sent out on July 11.
There were lots of directions for selling company stock.
The final prospectus was issued July 23.
There were newspaper clippings about the offering.
Mr. Coad made $613,482 for the shares he sold!Collection
Papers of J. Allan CoadLocation
Container
J. Allan Coad Collection, Box 2Shelf
Rack 03, Shelf 2Rack
Rack 03Wall
West wallRoom
Archives 2Building
Tudor HallContainer
J. Allan Coad Collection, Box 2Shelf
Rack 03, Shelf 2Rack
Rack 03Wall
West wallRoom
Archives 2Building
Tudor HallRelationships
Related Person or Organization
Person or Organization
Coad, J. Allan (Joseph Allan), 1884-1963