Very Rare AUTOMATIC DATA PROCESSING (ADP) Working Proof

Product Details Company Automatic Data Processing, Inc. Certificate Type Working Proof for one of the company's Registered Notes Time Period 1990's Printer American Bank Note Company Format & Approximate Size This proof is housed in a traditional 12" x 8 1/2" cardboard folder. The proof is protected by a "flip up" clear protective/editing layer and is adhered to the folder itself. Images You will receive the exact proof pictured as it is the only one of it's kind. The first image shows the full flip up folder with the proof at the bottom with the protective plastic editing layer atop the piece. The second image shows the proof with the editing layer flipped up and out of the way. Guaranteed Authentic Yes Additional Details Historic document dating back to the 1990's from this technology giant. In 1949, Henry Taub founded Automatic Payrolls, Inc. as a manual payroll processing business with his brother Joe Taub. Frank Lautenberg joined the brothers in the company's infancy. In 1957, Lautenberg, after successfully serving in sales and marketing, became a full-fledged partner with the two brothers. In 1961, the company changed its name to Automatic Data Processing, Inc. (ADP), and began using punched card machines, check printing machines, and mainframe computers. ADP went public in 1961 with 300 clients, 125 employees, and revenues of approximately $400,000. The company established a subsidiary in the United Kingdom in 1965. In 1970, Lautenberg was noted as being the president of the company. Also in 1970, the company's stock transitioned from trading on American Stock Exchange to trading on the New York Stock Exchange.Lautenberg continued in his roles as chairman and CEO until elected to the United States Senate from New Jersey in 1982.