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Peerless Motor Car Corporation - 1920's-30's dated Automobile Stock Certificate - Great Automotive History

Inv# AS1010   Stock
Peerless Motor Car Corporation - 1920's-30's dated Automobile Stock Certificate - Great Automotive History
State(s): Virginia
Years: 1920's-30's
Color: Brown, Blue

Automotive Stock. Beautiful vignette of a female and male figure, beehive, industry, and steam locomotive. Important!!! Scarce!!! Available in Brown or Blue. Please specify color. The Peerless Motor Car Company was an American automobile manufacturer that produced the Peerless brand of motorcars in Cleveland, Ohio, from 1900 to 1931. One of the "Three Ps" – Packard, Peerless, and Pierce-Arrow – the company was known for building high-quality luxury automobiles. Peerless popularized a number of vehicle innovations that later became standard equipment, including drum brakes and the first enclosed-body production cars.
Established in Cleveland in 1900 at 43 Lisbon Street, Peerless Motors began manufacturing automobiles while using De Dion-Bouton engines under license from the French company. Engineer Louis P. Mooers designed the first Peerless models, as well as several proprietary engines. The first Peerless-branded vehicles appeared in 1902, with a front-mounted engine driving the rear wheels through a shaft. This later became the standard vehicle propulsion layout for automobiles. In 1904, Mooers designed the Green Dragon racecar and enlisted Barney Oldfield to drive it. The Green Dragon brought notability and success to Peerless, as Oldfield used it to set a number of early world automobile speed records. Read more at https://en.wikipedia.org/wiki/Peerless_Motor_Company

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.
Price: $59.00