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Fairchild Engine & Airplane Corporation - 1950's dated Aviation Stock Certificate

Inv# VS1014   Stock
State(s): Maryland
Years: 1950's
Color: Brown

Stock neatly hole cancelled. Great vignette with red Pegasus by Columbian Bank Note. Excellent Condition. Scarce! Fairchild was an American aircraft and aerospace manufacturing company based at various times in Farmingdale, New York; Hagerstown, Maryland; and San Antonio, Texas. The company was founded by Sherman Fairchild in 1924 as Fairchild Aviation Corporation, based in Farmingdale, and East Farmingdale, New York. It was established as the parent company for Fairchild's many aviation interests. The company produced the first US aircraft to include a fully enclosed cockpit and hydraulic landing gear, the Fairchild FC-1. At some point, it was also known as the Fairchild Aircraft Manufacturing Company. The Fairchild Aircraft Ltd. of Longueuil, Quebec, Canada was an aircraft manufacturer during the period of 1920 to 1950, which served as a subsidiary of the Fairchild company of the United States. The Fairchild Engine Company was formed with the purchase of the Caminez Engine Company in 1925. In 1929, Sherman Fairchild purchased a majority stock interest in Kreider-Reisner Aircraft Company of Hagerstown, Maryland. The company moved to Hagerstown in 1931.

In 1949, the Hagerstown, Maryland, Fairchild Engine and Airplane Corporation developed the Chase XCG-20 glider into the C-123 Provider transport which entered service in 1955. In 1954 Fairchild purchased the American Helicopter Company, incorporating it and the XH-26 Jet Jeep as a division. In 1956, the company acquired rights to the Fokker Friendship, producing 206 of the aircraft as the Fairchild F-27 and Fairchild Hiller FH-227. During the 1950s, Fairchild was a large subcontractor to Boeing for B-52 fuselage sections and wing panels. Later, the company built McDonnell-Douglas F-4 Phantom II tail sections, Grumman F-14 Tomcat tails, and Space Shuttle orbiter stabilizers. In 1964, the company purchased Hiller Aircraft, changing its name to Fairchild Hiller and producing the FH-1100, until 1973 when the helicopter division was sold back to Stanley Hiller. In 1965, the company acquired the Republic Aviation Company. Read more at https://en.wikipedia.org/wiki/Fairchild_Aircraft

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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: $115.00