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Lorraine Motors Corporation - Automotive Stock Certificate

Inv# AS1324   Stock
State(s): Delaware
Years: 1920

Stock. The Lorraine was an automobile built in Grand Rapids, Michigan by the Lorraine Motors Corporation from 1920 to 1922.

The Lorraine was an assembled car that succeeded the Hackett. The vehicle was powered by a four-cylinder Herchell-Spillman engine and was available in both open and closed models. Only a few hundred cars were sold.

Prices ranged from $1,695 to $2,590, (equivalent to $41,929 in 2021). Plans for David Dunbar Buick to build a larger Lorraine with an IOE engine did not go past the prototype stage before the company declared bankruptcy.

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.