Etablissements Hurtu - 1923 dated French Automotive Stock Certificate - France
Inv# FS1034 StockColonial Stock with elaborate borders and under printing. Available in Bl-Yel-Red or Br-Yel-Red. Please specify color.
Hurtu was a pioneering French car made by Diligeon et Cie based in Albert, Somme from 1896 to 1930. As well as cars, the company also made sewing machines and bicycles. The company was founded in 1880 as Hurtu, Hautin et Diligeon as a maker of sewing machines but soon added machine tools and bicycles to their range. In 1895 E. Diligeon bought out his partners and renamed the company Diligeon et Cie but continued to use the Hurtu name on his products. They made their first car in 1896, a licence built version of the Leon Bollée tricar. They ended up making more of these then Leon Bollée themselves. Four wheel vehicles followed in 1897 with a close copy of the German Benz, a version of which was also made in England by Belsize Motors in Manchester.
In 1899 the company was re-organised and renamed as the Compagnie des Automobiles et Cycles Hurtu. In 1900 the Benz type car was replaced by a new model powered by a De Dion-Bouton 3.5 hp single-cylinder engine with shaft drive and 2- or 4-seat open coachwork. 1907 models started to feature a dashboard radiator as used by Renault, and this style continued in use until 1920. 1913 production seems to have been around 600 cars comprising 4-cylinder models of 1692cc and 2120cc capacity with the gearbox and engine constructed in-unit. After World War I car production re-commenced and from 1920 a conventional front-radiator 2358cc four-cylinder model appeared with front wheel brakes being fitted from 1922. A smaller 1328cc joined the range in 1925. These continued until 1930 when the company stopped car production but continued as machinery manufacturers. Read more at https://en.wikipedia.org/wiki/Hurtu
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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