Lundelius and Eccleston Motors Corporation - Signed by L. R. Eccleston - 1929 dated Automotive Stock Certificate
Inv# AS1204 Stock
35 Shares of Capital Stock. Printed by Knight Couniham Co. Lundelius & Eccleston was an American manufacturer of automobiles. The company was founded in Los Angeles in California in 1922. They developed a special wheel suspension and produced a total of eight passenger cars between 1926 and 1934. The brand name was L & E. In the field of chassis and design work, the company still existed until the Second World War. One of the vehicles still exists.
The vehicles were individual pieces and were sometimes significantly different. One had an air-cooled six-cylinder engine from Franklin, a chassis with a 335 cm wheelbase and a body as a . The following were similar to the models of Cadillac, Studebaker and Ford. In 1931, a limousine with an eight-cylinder engine from Lycoming was built, which resembled Franklin's vehicles. Read more at https://de.wikipedia.org/wiki/Lundelius_%26_Eccleston
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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