18-397 18-397 . . . Stock Appreciation Rights Plan under which 2,000,000 Rights may be issued to employees. Each Right entitles participant to receive an amount equal to difference between fair market value of a single share of common stock on date of exercise and base price of Right, which may not be less than fair market value of a single share of common stock on date Right was granted
New Mexico Stock Appreciation Right Plan of Helene Curtis Industries, Inc.
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Corporation history. Helene Curtis was founded in Chicago in 1927 as the National Mineral Company by partners Gerald Gidwitz and Louis Stein. The company began by manufacturing a facial mudpack product, sold to beauty salons nationwide.
The aftermath of an October 18, 1961 explosion at the Helene Curtis Industries Plant at 4401 North Ave. Chicago, IL.
In 1996, one year after Helene Curtis moved its headquarters to suburban Rolling Meadows, it was purchased by Unilever, the giant British-Dutch corporation. By the end of the century, Unilever announced that it would close the old North Avenue plant, leaving the company with little presence in the Chicago area.
