Studebaker Corporation Stock Certificate (Purple)

Studebaker Corporation Stock Certificate (Purple)

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This Stock Certificate is from the Studebaker Corporation, an American automotive company from the early to mid 20th Century. Certificate comes in purple.

Certificate Highlights:

The story of the Studebaker Corporation is a rich study of American innovation. At the corner of Michigan and Jefferson Streets in South Bend, Indiana the H&C Studebaker blacksmith shop opened for business in 1852. After venturing to California during the Gold rush to build wheelbarrows for the miners, the Studebaker Brothers returned to South Bend in 1858 to fill wagon orders for the U.S. Army continuing throughout the Civil War. Company sales figures exceeded $2 million in 1887.

Studebaker's move into the automobile market occurred in 1902 with an electric car - the second produced purchased by Thomas Edison - and then gasoline powered cars in 1904. In the 1960s, Studebaker ceased production of automobiles and purchased Wagner Electric and shortly afterward combined with Worthington C, which was absorbed by the McGraw Edison Company in 1979 which was acquired in 1985 by Cooper Industries - which coincidentally is focused on Electrical Products and tools - coming nearly full circle to Studebaker's preliminary ventures.

Vignette of Studebaker blacksmith barn, horse in front..

Date and Denomination of our choice. Cancelled. Total dimensions are 8" x 12"

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