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Interesting Things That I've Learned About the Packers History
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<blockquote data-quote="El Guapo" data-source="post: 941541" data-attributes="member: 5830"><p>I'm slowly reading through the Packers history in the new volumes by Cliff Christl. So far one of the more interesting nuggets that I have plucked is about why the Indian Packing Company bankrolled the team. I new that Curly worked there and so did several other players from East HS, but it was the timing of the event. I'll quote the book here:</p><p></p><p>"The day Indian Packing went public, the NY Stock Exchange firm of Miller & Co advertised it had sold 425,000 shares of Indian Packing Corp. stock. On the first day of trading, Indian Packing shares started at $33, hit a high of $50.25 and closed at $44.....Within 13 days after Indian Packing's stock went public Peck agreed to sponsor the Packers."</p><p></p><p>The book does describe Frank Peck (President of Indian Packing) to be a generous man in general, but it seems that Curly and George got lucky that the company's stock did so well initially. Kind of like asking your buddy for a loan after he wins big at the casino. Had the stock not shot out of the gates, Peck may not have granted them $500 to start the team.</p></blockquote><p></p>
[QUOTE="El Guapo, post: 941541, member: 5830"] I'm slowly reading through the Packers history in the new volumes by Cliff Christl. So far one of the more interesting nuggets that I have plucked is about why the Indian Packing Company bankrolled the team. I new that Curly worked there and so did several other players from East HS, but it was the timing of the event. I'll quote the book here: "The day Indian Packing went public, the NY Stock Exchange firm of Miller & Co advertised it had sold 425,000 shares of Indian Packing Corp. stock. On the first day of trading, Indian Packing shares started at $33, hit a high of $50.25 and closed at $44.....Within 13 days after Indian Packing's stock went public Peck agreed to sponsor the Packers." The book does describe Frank Peck (President of Indian Packing) to be a generous man in general, but it seems that Curly and George got lucky that the company's stock did so well initially. Kind of like asking your buddy for a loan after he wins big at the casino. Had the stock not shot out of the gates, Peck may not have granted them $500 to start the team. [/QUOTE]
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