ACF-Brill Motors Co. - Automotive Stock Certificate
Inv# AS1344 Stock
Stock printed by American Bank Note Company. Orange and Blue Available. Please specify color. ACF Industries, originally the American Car and Foundry Company (abbreviated as ACF), is an American manufacturer of railroad rolling stock. One of its subsidiaries was once (1925–54) a manufacturer of motor coaches and trolley coaches under the brand names of (first) ACF and (later) ACF-Brill. Today, the company is known as ACF Industries LLC and is based in St. Charles, Missouri. It is owned by investor Carl Icahn.
Timeline
- 1899: American Car and Foundry (ACF) is formed from the merger of 13 smaller companies
- 1899: ACF acquires Bloomsburg Car Manufacturing Company
- 1901: ACF acquires Jackson and Sharp Company and Common Sense Bolster Company
- 1904: ACF builds the first all-steel passenger car in the world for the Interborough Rapid Transit
- 1904: ACF acquires Southern Car and Foundry of Memphis, Tennessee
- 1905: ACF acquires Indianapolis Car and Foundry and Indianapolis Car Company
- 1922: ACF diversifies into the automotive industry with the acquisition of Carter Carburetor Corporation
- March 31, 1924: ACF acquires Pacific Car and Foundry from William Pigott
- October 31, 1925: ACF forms "American Car and Foundry Securities Corporation" (A wholly owned subsidiary holding company) for the purpose of acquiring Fageol Motors Company of Ohio and Hall-Scott Motor Car Company Fageol Motors Company of California was included but was not approved by the shareholders.
- 1926: ACF acquires J. G. Brill Company
- 1926: ACF acquires American Motor Body Corporation
- 1927: ACF acquires Shippers Car Line
- 1934: Paul Pigott reinstates a controlling interest of Pacific Car and Foundry
- 1935: ACF builds lightweight Rebel streamline trains for the Gulf, Mobile and Northern Railroad
- 1939: ACF's Berwick plant switches to construction of military tanks.
- 1940: Brill is fully merged into ACF.
- August 2, 1941: ACF's 1,000th military tank is completed for the United States military effort of World War II
- 1954: The company officially changes its name to ACF Industries, Incorporated.
- 1954: ACF purchases Engineering and Research Corporation.
- 1954–1955: ACF delivers 35 "Astra Dome" dome cars to the Union Pacific Railroad.
- January 1961: ACF delivers its last passenger car, (NYCT IRT R28. IRT car), Berwick plant closed, sold, to later re-open as Berwick Forge & Fabricating Corporation.
- 1977: Southern Pacific Railroad (SP) came up with the idea of the first double-stack intermodal car in 1977. SP then designed the first car with ACF Industries that same year.
- 1984: ACF is purchased by Carl Icahn.
- 1997: ACF reaches a leasing agreement with GE Capital Railcar for 35,000 of its 46,000 railcars, mostly on 16-year leases with optional purchase agreements.
- 2003: ACF Industries LLC became a successor to ACF Industries, Incorporated on May 1, 2003.
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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