Kaiser-Frazer Corp. - 1940's-50's dated Automotive Stock Certificate
Inv# AS1008 Stock
Automotive Stock printed by Security Banknote Company. No vignette but attractive border and background. Important company. Scarce! Available in Blue or Brown. Please specify color.
The Kaiser-Frazer Corporation (1947–1953 as Kaiser-Frazer) was an American automobile company. It was founded jointly by industrialist Henry J. Kaiser and automobile executive Joseph W. Frazer. In 1947, the company acquired the automotive assets of Graham-Paige, of which Frazer had become president near the end of World War II. Kaiser-Frazer was one of a few US automakers to achieve success after World War II, if only for a few years. Joseph W. Frazer left the company in 1949, replaced as president by Henry's son Edgar F. Kaiser.
In 1953, Kaiser bought the ailing Willys-Overland company, mainly for its Jeep brand, and merged the Kaiser and Willys operations under the "Kaiser-Willys Corporation". The Willys-Overland branch was renamed "Willys Motors", until ten years later, in 1963, it was renamed Kaiser Jeep. Read more at https://en.wikipedia.org/wiki/Kaiser-Frazer
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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