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Transamerica Corporation
  Beautifully engraved specimen certificate from the Transamerica Corporation. This historic document was printed around 1960 by the Security-Columbian Banknote Company and has an
ornate border around it with a vignette of an allegorical woman with two globes, a horbor scen in New York, the sun rising and an man riding a chariot through the clouds. This item has the printed signatures of the Company’s Chairman of the Board (John R. Beckett )and Secretary and is over 35 years old.
Certificate Vignette
In 1956, Congress passed the Bank Holding Company Act, effectively prohibiting a company from owning both banking and nonbanking companies. To comply, Transamerica completed the divestiture of its banking activities, which had begun in the 1930s. This left the company with a foundation in life insurance and property and casualty insurance.
In 1960, John R. Beckett joined Transamerica as president. Over the next 20 years, he led Transamerica's transition from a holding company into a major diversified operating company. At one time, Transamerica owned a motion picture distributor, an airline, a car rental company and a machinery manufacturer, in addition to its insurance and financial services businesses.
In the mid-1980s, under the leadership of chairman James R. Harvey and president Frank C. Herringer, the corporation underwent a major restructuring, and returned to its roots in financial services. Transamerica acquired several financial services companies and sold other operations that were unrelated to its core businesses.
In the 1990's, under the leadership of chairman and chief executive officer Frank C. Herringer, Transamerica focused on its commitment to building shareholder value by being an industry leader in all of its principal businesses: life insurance, commercial lending, leasing and real estate services.
In July of 1999, Transamerica entered an important new chapter in its history when it became part of AEGON N.V., based in The Netherlands, one of the world's leading international insurance organizations. Donald J. Shepard is president and chief executive officer.
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