Lehman Brothers Collection - Contemporary Business Archives

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Lehman Brothers Collection

Twentieth-Century Business Archives

Jewel Tea Co., Inc. Deal - Lehman Brothers Collection

Jewel Tea Co., Inc.

Company Deal4 1/4% cumulative preferred stock
Transaction TypeCumulative Preferred Stock
Deal DescriptionJewel Tea Co., Inc., used a portion of the proceeds from this transaction in connection with the financing of the cost of certain additional production and warehouse facilities and sales outlets. Such facilities included a new coffee processing plant and distributing warehouse in Los Angeles, California, a new processing plant and coffee storage warehouse in Barrington, Illinois, and a new warehouse and assembly building, and the modernization of machinery, equipment, and space for produce handling, office, and shop, for the Food Stores Department in Chicago, Illinois.
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