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Bendix Helicopter, Inc. - 1946 dated Aviation Stock Certificate

Inv# VS1064   Stock
Bendix Helicopter, Inc. - 1946 dated Aviation Stock Certificate
State(s): Delaware
Years: 1946
Color: Brown and Black

Stock printed by Hasbrouck, Thistle & Co., Inc. New York. Bendix Helicopters, Inc. was the last company founded by prolific inventor Vincent Bendix, in 1943 in Connecticut. It ceased operations in 1949. It built a 10,000 square foot factory for helicopter production on East Main Street in Stratford, Connecticut in 1945. Bendix created 3 prototypes that used a system of coaxial rotors: Model K (1945), Model L and Model J (1946). Due to lack of sales and capital, in January 1947 the large factory building was sold to Manning, Maxwell and Moore, who were taken over by Dresser Industries in 1964. In 1949, Bendix Helicopter was forced to close. In an auction the assets of the company were sold to the Gyrodyne Company of America on Long Island in New York. Gyrodyne continued development of several helicopter models introduced by Bendix. Read more at

Condition: Excellent

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.