State of New York Bond Issued to Trustees for Jack F. Chrysler - $10,000 1945 dated Autograph Highway Improvement Bond
Inv# AG3074
Bond
$10,000 4 1/4% Bond for Highway Improvement issued to Trustees for Jack F. Chrysler. Rare!
John Forker “Jack” Chrysler, born on January 7, 1912, in Bellevue, Pennsylvania, was a prominent American investment executive, broker, and heir to one of the most successful automotive dynasties in U.S. history. He was the youngest child of Walter Percy Chrysler, the legendary industrialist and founder of the Chrysler Corporation, and Della Viola Forker. Raised amidst immense wealth and the rapid expansion of his father’s industrial empire, Chrysler grew up alongside three older siblings. Unlike his siblings, who pursued careers in the family’s mechanical and automotive manufacturing operations, he embarked on his own path, eventually settling in New York to build a diverse career in finance and corporate leadership.
As a prominent corporate executive, Chrysler managed a wide range of business ventures, including corporate management, publishing, and investment brokerage. He achieved significant professional milestones as the chairman of the Chrysler Zeder Corporation and actively served as a director on the board of the Chrysler Building Corporation, maintaining a strong connection to his family’s iconic Manhattan skyscraper. Furthermore, his enterprise investments extended to executive roles and board oversight with the Reading Trust Company, Durbin Bond & Company, the Electronic Corporation of America, and the publishing outfit Vision, Inc.
In his personal life, Chrysler married Edith Helen Backus in late 1941, with whom he had a family. Tragically, his life was cut short when he died suddenly of a heart attack at the age of 46 on May 7, 1958. Despite his untimely death, Chrysler’s legacy endures as a skilled broker who successfully expanded his family’s influence into mid-century financial networks.
A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.








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