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Societe Anonyme des Automobiles "Le Zebre" - 1919 dated Automotive French Stock Certificate - France

Inv# FS2183   Stock
Societe Anonyme des Automobiles "Le Zebre" - 1919 dated Automotive French Stock Certificate - France
Country: France
Years: 1919

Stock with 1 1/2 rows of coupons. Le Zèbre was a French make of car built between 1909 and 1931 in Puteaux, Seine. The company was founded by Jules Salomon and Georges Richard initially with finance from Jacques Bizet, son of Georges Bizet the composer. Julius Salomon was a young graduate of the School of Commerce and Industry in Bordeaux, and began his career at Rouart Brothers who were engine makers. He later moved to Georges Richard where he met Jacques Bizet, who had the funds to back a new automotive brand and the ambition to leave a legacy to rival that of his father. The two friends decided not to give their names to the car, instead opting to call it "Le Zèbre" (The Zebra), which was originally a nickname given to a clerk of their former employer.

In 1909 Salomon developed his first car, a 630cc single-cylinder car with two-speed gearbox, which was designated the Type A. This design proved very economical to manufacture, selling for 3,000 Francs, or 1,000 F less than competitors. The wheelbase was 180 cm (71 in). The Type A was well received by the public, and attracted investment from influential businessmen Emile Akar and Joseph Lamy, which enabled factory relocation and expansion. Joseph Lamy assumed the function of Commercial Director. The success of the Type A was further assured by Baudry de Saunier, the greatest French automotive journalist of the time, who repeatedly extolled the car’s virtues. Read more at https://en.wikipedia.org/wiki/Le_Z%C3%A8bre

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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.
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