Curtiss-Wright Corporation - 1951 dated Aviation Stock Certificate
Inv# VS1013 Stock![Curtiss-Wright Corporation - 1951 dated Aviation Stock Certificate](https://www.glabarre.com/item_images/Curtiss-WrightB.jpg)
Stock with attractive vignette by Quayle & Son, NY. Neatly hole cancelled. Two Dutch embossed revenues in orange. Excellent Condition. Scarce!
The Curtiss-Wright Corporation is an American, global diversified product manufacturer and service provider, incorporated in Delaware with headquarters in Parsippany-Troy Hills, New Jersey, which supplies the commercial, industrial, defense, and energy markets. Created in 1929 from the consolidation of Curtiss, Wright, and various supplier companies, by the end of World War II it was the largest aircraft manufacturer in the United States, supplying whole aircraft in large numbers to the U.S. Armed Forces. It has since evolved away from final assembly of finished aircraft, becoming a component manufacturer specializing in actuators, aircraft controls, valves, and surface-treatment services. It also is a supplier to commercial nuclear power, nuclear navy systems, industrial vehicles and to the oil and gas industries. It has an integrated supply chain and an extensive worldwide service network, and is one of the largest diversified market players in the aerospace sector.
Curtiss-Wright came into existence on July 5, 1929, the result of a merger of 12 companies associated with Curtiss Aeroplane and Motor Company of Buffalo, New York, and Wright Aeronautical of Dayton, Ohio, and was headquartered in Buffalo, New York. With $75 million in capital (equivalent to 11.17 billion in 2019), it was the largest aviation company in the country. Read. more at https://en.wikipedia.org/wiki/Curtiss-Wright
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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