Tucker Corporation - 1947 dated Automotive Stock Certificate with Brochure (Uncanceled)
Inv# AS1225 Stock
Uncanceled Stock printed by Security Bank Note Co. Includes large and important foldout Ad Brochure with several nice illustrations. See AS1270 for Ad Brochure only. A great piece of history. It has a facsimile signature of Preston Tucker as president of the company.
Preston Thomas Tucker (September 21, 1903 – December 26, 1956) was a notable American automotive entrepreneur, best known for the Tucker 48 sedan, originally referred to as the 'Tucker Torpedo.' This vehicle introduced numerous features that are now commonplace in contemporary automobiles. However, production of the Tucker '48 ceased on March 3, 1949, due to a scandal involving controversial allegations of stock fraud. The 1988 film Tucker: The Man and His Dream chronicles Tucker's vision and the narrative surrounding the car's development.
Preston Tucker was born on September 21, 1903, on a peppermint farm located near Capac, Michigan. His father, Shirley Harvey Tucker (1880-1907), worked as a railroad engineer, while his mother, Lucille Caroline (née Preston) Tucker (1881-1960), was a teacher. Following his father's death from appendicitis when Preston was just two years old, he was raised by his mother in Lincoln Park, a suburb of Detroit. From a young age, Tucker developed a fascination with automobiles, first learning to drive at the age of 11. By 16, he began acquiring late model cars, refurbishing them, and selling them for profit. Although he attended Cass Technical High School in Detroit, he eventually left to work as an office boy at the Cadillac Motor Company, where he utilized roller skates to navigate the office more swiftly. In 1922, despite his mother's objections, he joined the Lincoln Park police department, motivated by his eagerness to drive the department's fast police cars and motorcycles. However, his mother intervened, informing department officials that he was underage, as he was only 19, which was below the minimum age requirement.
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.








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