Universal Airlines Co. - dated 1970's Aviation Stock Certificate - Shows M. Lamar Muse as Previous President - Muse was Co-Founder of Southwest Airlines
Inv# VS1108 Stock
Stock printed by American Bank Note Company. Available in Green or Red. Please specify color. Universal Airlines was a United States airline that operated from 1966 to 1972, based at Willow Run Airport in Ypsilanti, Michigan. A Houston, TX-based commuter air carrier also used the Universal name during the late 1970s operating scheduled passenger service in Louisiana, Mississippi and Texas. It initially grew out of Zantop Air Transport, starting with a small fleet of C-46, DC-6, DC-7, and Argosy AW650 aircraft. Over time Lockheed Electras were added to the fleet. In 1969, Universal took delivery of DC-8 aircraft both standard and stretched versions, and leased three additional DC-8s over the next three years. It operated a number of military contract flights. During its heyday in 1969, Universal Airlines looked into the plausibility of obtaining the Lockheed L-500 (Civilian C-5) to carry passengers and their vehicles from coast to coast. An actual display model of that concept was displayed in the hangar two lobby. The airline went bankrupt in May 1972 and its assets were received by Saturn Airways. The President and CEO of the Universal Airlines from 1967 to 1969 was M. Lamar Muse who went on to become a co-founder and President of Southwest Airlines and later co-founded his namesake airline Muse Air where he served as CEO. Read more at https://en.wikipedia.org/wiki/Universal_Airlines_(United_States)
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.
Ebay ID: labarre_galleries