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Dort Motor Car Co. - dated 1920's-30's Automotive Stock Certificate - Beautiful Cars and Great History

Inv# AS1001   Stock
State(s): Delaware
Years: 1920's-30's
Color: Brown

Automotive Stock. Exquisite vignette of two female figures seated at either side of the Dort logo! Car makers are very rare & very popular!!! Great!!! 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.

By 1917, Dort was offering four models: a closed sedan at $1,065, a convertible sedan at $815, a five-place open tourer at $695, and a Fleur-de-Lys roadster at $695. By contrast, Ford Model Ts were selling for $440 in 1915. By 1920 Dort was the country's 13th largest automobile producer. The company built a large factory on the east end of Flint right at the time of the recession that followed WWI. The company started bleeding cash and attempted to seek capital (which was unavailable) or a merger partner (none were interested). Staff was cut and expenses were cut back. After several of the company executives left in 1923, the only choice left to Dort was to liquidate. The new factory building was sold to AC Spark Plug to manufacture carburetor air filters and fuel pumps. J Dallas Dort died the following year. Read more at https://en.wikipedia.org/wiki/Dort_Motor_Car_Company

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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.
Price: $74.50