Bethlehem Motors Corporation - 1920 dated Automotive Stock Certificate
Inv# AS1078 Stock
American Bank Note Co. Nice! Available in Green or Orange. Please specify color.
Bethlehem Motors Corporation operated as a manufacturer of tractors, automobiles, and trucks in Allentown, Pennsylvania, from 1917 to 1926. During 1918 and 1919, the company produced the Model 18-36 tractor, which had a weight of three tons and was equipped with a Beaver 4-cylinder engine featuring two forward speeds. Standard features included a Stromberg carburettor, Bosch magneto, and Fedders radiator. The tractor did not achieve commercial success, likely due to the company's precarious financial situation, the saturated tractor market in the United States, and the agricultural depression of 1920. In 1920, Bethlehem Motors Corporation introduced the 'Ideal' automobile, intended exclusively for sale outside the United States. This four-seater sedan was powered by a 40 hp engine manufactured by Bethlehem and utilized Timken axles, with a retail price of $3,000. However, the company entered receivership later that same year, leading to the cancellation of all plans for further production and sales of the vehicle. Subsequently, new management sold the remaining unsold cars for around $1,000 each in 1921.
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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