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50 Pieces of White Motor Corporation - 50 Stock Certificates dated 1970's-80's! - Famous Automotive Company

Inv# WW1036   Stock
50 Pieces of White Motor Corporation - 50 Stock Certificates dated 1970's-80's! - Famous Automotive Company
State(s): Ohio
Years: 1970's-80's
Color: Red

Female figure with winged wheel seated on North American Continent. American Bank Note. 50 Stock Certificates. The White Motor Company was an American automobile, truck, bus and agricultural tractor manufacturer from 1900 until 1980. The company also produced bicycles, roller skates, automatic lathes, and sewing machines. Before World War II, the company was based in Cleveland, Ohio. White Diesel Engine Division in Springfield, Ohio, manufactured diesel engine generators, which powered U.S. military equipment and infrastructure, namely Army Nike and Air Force Bomarc launch complexes, and other guided missile installations and proving grounds, sections of SAGE and DEW Line stations, radars, combat direction centers and other ground facilities of the U.S. aerospace defense ring, such as the Texas Towers. During the Vietnam era, the company retained its position within the Top 100 Defense Contractors list (it ranked 87th in the Fiscal Year 1965, 77th in 1967, 73rd in 1968, 89th in 1969). Its production facilities, such as the Lansing truck plant in Lansing, Michigan, and the main plant in Cleveland were engaged in production, inspection, engineering services and maintenance of thousands of military/utility cargo trucks M39, M44, M600, and M602 series trucks, as well as spare parts, such as cylinder heads, diesel and gasoline engines with accessories.

About 1898, Thomas H. White purchased a Locomobile steam car and found its boiler unreliable. His son, Rollin, set out to improve its design. Rollin White developed a form of water tube steam generator which consisted of a series of stacked coils with two novel features: the first was that the coils were all joined at the top of the unit, which allowed water to flow only when pumped, allowing control of the steam generation; the second was pulling steam from the lowest coil, closest to the fire, which allowed control of steam temperature. This second point was critical because the White steamer operated with superheated steam to take advantage of steam's properties at higher temperatures. Rollin White patented his steam generator, US patent 659,837 of 1900. Read more at https://en.wikipedia.org/wiki/White_Motor_Company

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Condition: Extremely Fine

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.

Item ordered may not be exact piece shown. All original and authentic.
Price: $150.00