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new Studebaker Brothers Manufacturing Co. - Stock Certificate

Inv# AS1093   Stock
New Item!
State(s): Indiana
Years: 19--

Unissued Stock, Large size engraved stock by Western Bank Note Co. Chicago. Rare and Particularly Attractive!

Studebaker was an American manufacturer of wagons and automobiles located in South Bend, Indiana. Established in 1852 and incorporated in 1868 as the Studebaker Brothers Manufacturing Company, the company initially focused on building coaches, producing wagons, buggies, carriages, and harnesses. In 1902, Studebaker ventured into the automotive sector with electric vehicles, followed by gasoline-powered vehicles in 1904, all marketed under the name "Studebaker Automobile Company." Until 1911, the automotive division collaborated with the Garford Company from Elyria, Ohio, and after 1909, it also partnered with the E-M-F Company and the Flanders Automobile Company. The first gasoline-powered cars fully produced by Studebaker were introduced to the market in August 1912. Over the subsequent five decades, the company built a strong reputation for its quality, durability, and reliability. However, a failed merger with Packard in 1954, which formed the Studebaker-Packard Corporation, did not resolve ongoing postwar financial difficulties. Consequently, the name 'Studebaker Corporation' was reinstated in 1962, but automobile production at the South Bend facility came to an end on December 20, 1963. The final Studebaker vehicle was completed at the Hamilton, Ontario, Canada assembly line on March 17, 1966, coinciding with Saint Patrick's Day. Studebaker continued to operate independently until it merged with Wagner Electric in May 1967, followed by a merger with Worthington Corporation in November of the same year.

Condition: Excellent

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.

Item ordered may not be exact piece shown. All original and authentic.
Price: $103.99