05-14-2019, 07:14 AM
|
 |
Senior Member
|
|
Join Date: Mar 2017
Location: ABQ, New Mexico
Posts: 36,633
Thanks: 3,506
Thanked 136,542 Times in 22,784 Posts
|
|
As the country was reeling from the Great Depression, a local, trusted banker in the town of Quincy, Florida, urged anyone who would listen to invest in Coca-Cola stocks, then selling at $19 per share. Many followed his advice and when the company’s stock boomed as he’d promised, others followed. Soon at least 67 inhabitants (in a town of fewer than 7,000) had become “Coca-Cola millionaires,” making Quincy the richest U.S. town per capita.
|