Colin B. Kennedy Corporation signed by Clement Studebaker III - 1930 dated Autograph Stock Certificate

Stock signed by Clement Studebaker III of the famed H & C Studebaker Company.

Clement Studebaker III  was born on 4 Jun 1894. He died on 25 Aug 1975 in Oak Park, Illinois. He was buried in South Bend, Indiana. He lived in Chicago, Illinois. Further research needed.

Clement Studebaker (March 12, 1831 – November 27, 1901) was an American wagon and carriage manufacturer. With his brother Henry, he co-founded the H & C Studebaker Company, precursor of the Studebaker Corporation, which built Pennsylvania-German Conestoga wagons and carriages during his lifetime, and automobiles after his death, in South Bend, Indiana.

Clement Studebaker was born in East Berlin, Adams County, Pennsylvania and was Pennsylvania Dutch. By the age of 14 he had learned to work as a blacksmith in his father's shop. He later worked as a teacher. In 1852, Clement and his elder brother Henry Studebaker opened the H & C Studebaker blacksmith shop at the corner of Michigan and Jefferson Streets in what is now the heart of downtown South Bend, Indiana.

Clement Studebaker married Charity Bratt on October 12, 1852 in St. Joseph County, Indiana. The couple had two children, Clems and Eddie, who both died in infancy. Charity died on March 17, 1863 in South Bend. Clement married Anna Harper Milburn in September 1864, in South Bend. This marriage produced three children: George Milburn Studebaker (1865-1939), Anne Studebaker Carlisle (1868-1931) and Clement Studebaker, Jr. (1871-1932). George and Clement, Jr. founded the South Bend Watch Company. Clement, Sr. died of natural causes in his South Bend, Indiana home at the age of 70.

In 1858, Henry's interest in the business was bought out by a younger brother John Mohler Studebaker. At that time, the brothers were filling wagon orders for the U.S. Army, which they continued throughout the Civil War. As a Dunkard, Henry was a committed pacifist and may have objected to having a part in making war materials. An official Studebaker company history simply says "Henry was tired of the business. He wanted to farm. The risks of expanding were not for him". Clement and three other brothers went on to develop the Studebaker Brothers Manufacturing Company into the largest wagon manufacturer in the world and the only manufacturer of horse-drawn vehicles to successfully switch to automobiles.

Studebaker, an American wagon and automobile manufacturer based in South Bend, Indiana, was founded in 1852 and incorporated in 1868 as the Studebaker Brothers Manufacturing Company. Initially, the company focused on coachbuilding, manufacturing wagons, buggies, carriages, and harnesses.

In 1902, Studebaker entered the automotive industry, introducing electric vehicles, followed by gasoline vehicles in 1904, all sold under the name “Studebaker Automobile Company.” Until 1911, its automotive division operated in partnership with the Garford Company of Elyria, Ohio, and later with the E-M-F Company and the Flanders Automobile Company from 1909 onwards.

In August 1912, Studebaker manufactured its first gasoline automobiles. Over the next five decades, the company established a reputation for quality, durability, and reliability.

However, an unsuccessful 1954 merger with Packard (the Studebaker-Packard Corporation) failed to address chronic postwar cash flow problems. Consequently, the ‘Studebaker Corporation’ name was restored in 1962. Nevertheless, the South Bend plant ceased automobile production on December 20, 1963, and the last Studebaker automobile rolled off the Hamilton, Ontario, Canada, assembly line on Saint Patrick’s Day, March 17, 1966.

After its demise, Studebaker continued as an independent manufacturer before merging with Wagner Electric in May 1967 and later with the Worthington Corporation in November 1967.