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Hudson Motor Car Co. - 1926 dated Automotive Stock Certificate - Famous Car Maker

Inv# AS1243   Stock
Hudson Motor Car Co. - 1926 dated Automotive Stock Certificate - Famous Car Maker
State(s): Michigan
Years: 1926

Stock printed by Hamilton Bank Note Co., New York. Very Early. Rare! The Hudson Motor Car Company produced Hudson and various other automobile brands in Detroit, Michigan, from 1909 until 1954. In that year, Hudson merged with Nash-Kelvinator, resulting in the establishment of American Motors Corporation (AMC). The Hudson brand remained in use until the conclusion of the 1957 model year, at which point it was phased out.

The Hudson Motor Car Company was established in Detroit, Michigan, U.S., in 1909 and operated until 1954, producing Hudson and other branded automobiles. In that year, Hudson merged with Nash-Kelvinator, resulting in the formation of American Motors Corporation (AMC). The Hudson brand continued to be used until the end of the 1957 model year, after which it was phased out. The name "Hudson" was derived from Joseph L. Hudson, a prominent entrepreneur in Detroit's retail sector and the founder of Hudson's department store, who provided the initial funding and consented to the use of his name for the company. On February 20, 1909, eight businessmen from Detroit came together to create a company aimed at manufacturing automobiles priced under $1,000 (approximately $32,570 in 2022 currency).

Among the key figures in the company's formation was Roy D. Chapin Sr., a young executive with prior experience working alongside Ransom E. Olds. Notably, Chapin's son, Roy Jr., would later assume the presidency of the Hudson-Nash successor, American Motors Corporation, during the 1960s. The company commenced production swiftly, with its inaugural vehicle rolling out of a modest factory in Detroit on July 3, 1909, located at the intersection of Mack Avenue and Beaufait Street, within the former Aerocar factory. The Hudson "Twenty" emerged as one of the earliest affordable automobiles in the American market, achieving remarkable success with 4,508 units sold in its first year. This accomplishment marked the highest initial production in the history of the automobile industry, positioning the newly established company in 17th place among numerous competing brands at that time.

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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.
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