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Valle\'s Steak House - Specimen Stock Certificate - Specimen Stocks & Bonds For Sale


Valle\'s Steak House - Specimen Stock Certificate - Specimen Stocks & Bonds
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Valle\'s Steak House - Specimen Stock Certificate - Specimen Stocks & Bonds:
$85.00

Specimen Stock printed by American Bank Note Company. Please specify color. Valle\'s Steak House was an American chain of restaurants that operated on the East Coast of the United States from 1933 to 2000. The chain\'s menu focused on steaks and lobsters. A family-run business, Valle\'s aggressively expanded during the early 1970s but was unable to weather the financial challenges of the gas crisis and the resulting economic downturn; increasing labor costs, the death of its founder, and the changing dining habits of its customers. The last Valle\'s Steak House closed in August 2000. Key personnel Donald Valle was an American restaurateur who owned and managed the eponymously named Valle\'s Steak House, from 1933 until his death in 1977. Valle was born in Lettomanopello, Italy in 1908 and immigrated to the United States in 1912 at the age of four. His family settled in Portland, Maine where Valle eventually opened his first restaurant in 1933. Valle was known as a hard working businessman who logged 14- to 18-hour days throughout his career. Valle was married to the former Sue Crone and had two children, Richard and Judith Valle. Richard Valle was the son of Donald and Sue Valle. Richard Valle was a Korean War veteran who assumed a prominent role in the company during the 1950s. Following the death of his father, Richard Valle served as the President and Chief Executive Officer until November, 1980 when at the age of 49, he was succeeded by Arthur W. Hanson. Richard Valle then assumed the role of company chairman. He maintained that position until he sold his controlling shares of the company in 1982. Richard Valle died on July 8, 1995 at the age of 64. Judith Valle was the daughter and second child of Donald and Sue Valle. Judith Valle worked as the company vice-president until she, along with other Valle family members, sold their controlling shares of stock to a private investment group in 1982. Subsequently, she used the proceeds from the sale to purchase the original Valle\'s Steak House located in Portland. Judith Valle operated the restaurant from 1984 until its closure in 2000. Arthur W. Hanson assumed control and ownership of the com Item ordered may not be exact piece shown. All original and authentic.


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Valle's Steak House - Specimen Stock Certificate - Specimen Stocks & Bonds picture

Valle's Steak House - Specimen Stock Certificate - Specimen Stocks & Bonds

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