Skil was founded by Edmond Michel and Joseph Sullivan in Chicago, Illinois. Skil Corporation started in 1924 as the Michel Electric Handsaw Company with the invention of the world's first portable electric handsaw -- a product introduction that forever changed the construction industry. The company was renamed Skilsaw in 1926 and Skil Corporation in 1952. Today, its ever-expanding line of cordless and corded power tools are produced as part of the Skil-Bosch Power Tool Company.
Convertible Subordinated Debenture Bond, issued in the 1970’s
Printed by the Security-Columbian Bank Note Company
8” (h) x 12” (w)
This certificate has vertical fold lines, punch hole cancels in signature areas, and some toning and edge faults from age.