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In 1919, A Small-Town Florida Banker Told Farmers And Widows To Buy Coca-Cola Stock At $40 A Share. Decades Later, Quincy, Florida Was Reportedly One Of The Richest Towns In America
The post In 1919, A Small-Town Florida Banker Told Farmers And Widows To Buy Coca-Cola Stock At $40 A Share. Decades Later, Quincy, Florida Was Reportedly One Of The Richest Towns In America appeared first on 24/7 Wall St.. In 1919, M.W. “Mr. Pat” Munroe, president of Quincy State Bank in Quincy, Florida, bought shares in a newly public soft drink company. Then he told his neighbors to buy them too. Earlier that year, according to Fulton Neighbo…