Barkley-Grow Aircraft Corp. - 1939 dated Stock Certificate
Inv# VS1117 Stock
Stock printed by Goes.
The Barkley-Grow Aircraft Corporation was an American aircraft manufacturer established by Archiebald St Clair Barkley and Captain Harold Barkley Grow in Detroit in 1936 to produce a small civil transport which incorporated Barkley's patented wing design, the Barkley-Grow T8P-1.
Initially purchased by the General American Transportation Corporation in 1939, the company was bought by AVCO only a year later in 1940. Meanwhile, Roland A. Freeman the former chief of the experimental division, founded his own company in Santa Monica, California. The Barkley-Grow factory at the Detroit City Airport was seized by the city after a short dispute with Vultee, and turned into an aviation technical high school in 1943. A Barkley-Grow seaplane went to Antarctica in 1939 on board the USS Bear to support the United States Antarctic Service Expedition under the supervision of Rear Admiral Richard E. Byrd.
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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