Packard Motor Car Co. - 1940's-50's dated Famous Automobile Company Stock Certificate - Great Automotive History
Inv# AS1009 StockStock printed by American Bank Note Company. One of the most important American car companies. Strong vignette of allegorical figures of woman and 2 men. Great!!! Available in Orange or Gray. Please specify color.
Packard was a distinguished American luxury automobile brand established by the Packard Motor Car Company located in Detroit, Michigan. The inaugural Packard vehicles were produced in 1899, with manufacturing operations in Detroit persisting until 1956, culminating in the creation of the last concept vehicle, the Packard Predictor. Prior to World War II, Packard was regarded as the foremost luxury car manufacturer in the United States and also contributed to the production of aircraft engines for the Allied forces. Ownership of a Packard symbolized high status, and many of the remaining models are now displayed in museums, car exhibitions, and private collections. In its early years, Packard vehicles were fitted with single-cylinder engines until 1903, when the company launched its first four-cylinder model, the Model K.
The introduction of the first six-cylinder engine, the Series 1-48 Six, occurred in 1912. Between 1915 and 1923, Packard produced the "Twin Six" series, which featured 12-cylinder engines. The Packard Eight was introduced in 1930, followed by the V8 engine in 1955. Throughout its operational years, Packard engines predominantly utilized flathead designs until the final production years. The company was also a pioneer in several automotive advancements, including the modern steering wheel, air conditioning in passenger vehicles, and one of the earliest production 12-cylinder engines, which was adapted from the Liberty L-12 aircraft engine utilized during World War I. In 1953, Packard merged with Studebaker, resulting in the formation of the Studebaker-Packard Corporation, headquartered in South Bend, Indiana. The Packard models from 1957 and 1958 were essentially modified Studebakers, manufactured in South Bend.
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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