Manuscripts/5. Business, Banking, and Insurance
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Overview In 1902, Louis K. Liggett persuaded 40 druggists to invest in a drug company that would manufacture and distribute products in franchised stores. In 1903, the United Drug Company (UDC) began operations at 43 Leon Street, now known Meserve Hall at Northeastern University. The stores and products were known by the name "Rexall," for "king of all." By 1929, UDC had 21 manufacturing plants throughout the United States. It employed over 25,000 workers, supplied 10,000 Rexall Drug Stores, and...