Dort Motor Car Co. - 1920's-30's dated Automotive Stock Certificate - Beautiful Cars and Great History
Inv# AS1001 Stock
Automotive Stock. Exquisite vignette of two female figures seated at either side of the Dort logo! Car makers are very rare & very popular!!! Great!!! Josiah Dallas Dort (February 27, 1861 – May 17, 1925) was an American engineer and automobile pioneer of the United States automobile industry. He was born in Inkster, Michigan on February 27, 1861. His father was a well-to-do country squire and merchant, well connected politically, who died in 1871 when Josiah was 10. Dort left school at age 15 to help his mother in business and to work at a crockery firm. He moved to Flint, Michigan in 1879. In 1881, he began working at a Flint hardware store, and within a few years opened his own hardware store. Read more at https://en.wikipedia.org/wiki/Josiah_Dallas_Dort
The Dort Motor Car Company of Flint, Michigan, built automobiles from 1915–1924. Dort used Lycoming-built engines to power their vehicles. Dort Motor Car Company grew from Durant-Dort Carriage Company founded in 1886 by William C. Durant and J. Dallas Dort. They remained business partners until about 1915. Durant-Dort Carriage Company was dissolved in 1924. It may have continued to own the buildings plant and machinery used by Dort Motor Car. Dort and the remaining stockholders took over the carriage business. They incorporated Dort Motor Car Company and began to use some of the same plant to manufacture Dort cars buying in engines from Lycoming. Carriage production ended in 1917. Dort shipped 9,000 cars in its first year. Read more at https://en.wikipedia.org/wiki/Dort_Motor_Car_Company
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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