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Studebaker Corporation - 1960's dated Automobile Stock Certificate - Famous Car Maker

Inv# AS1015   Stock
State(s): Michigan
Years: 1960's
Color: Green, Brown or Red

Automotive Stock. Very elaborate vignette of auto plant worker, engineer, male seated, etc. Important auto maker!!! Studebaker was an American wagon and automobile manufacturer based in South Bend, Indiana. Founded in 1852 and incorporated in 1868 as the Studebaker Brothers Manufacturing Company, the firm was originally a coachbuilder, manufacturing wagons, buggies, carriages and harnesses. Studebaker entered the automotive business in 1902 with electric vehicles and in 1904 with gasoline vehicles, all sold under the name "Studebaker Automobile Company". Until 1911, its automotive division operated in partnership with the Garford Company of Elyria, Ohio, and after 1909 with the E-M-F Company and with the Flanders Automobile Company. The first gasoline automobiles to be fully manufactured by Studebaker were marketed in August 1912. Over the next 50 years, the company established a reputation for quality, durability and reliability.

After an unsuccessful 1954 merger with Packard (the Studebaker-Packard Corporation) failed to solve chronic postwar cashflow problems, the 'Studebaker Corporation' name was restored in 1962, but the South Bend plant ceased automobile production on December 20, 1963, and the last Studebaker automobile rolled off the Hamilton, Ontario, Canada, assembly line on Saint Patrick's Day March 17, 1966. Studebaker continued as an independent manufacturer before merging with Wagner Electric in May 1967 and then Worthington Corporation in November 1967.

The ancestors of the Studebaker family first arrived in America at the port of Philadelphia on September 1, 1736, on the ship Harle, from Rotterdam, Holland, as shown in the original manuscripts now in the Pennsylvania State Library at Harrisburg. This included Peter Studebaker and his wife Anna Margetha Studebaker, Clement Studebaker (Peter’s brother) and his wife, Anna Catherina Studebaker and Heinrich Studebaker (Peter's cousin). In 1918, Albert Russel Erskin, Studebaker Corporation president, wrote the book, "History of the Studebaker Corporation", including the 1918 annual report, "Written for the information of the 3,000 stockholders of the Studebaker Corporation, the 12,000 dealers in its products living throughout the world, its 15,000 employees and numberless friends." This book was verified by lawyers and accountants and all board members and was a legal document. In the same book, Albert Russel Erskin, accurately wrote that Peter Studebaker was the “wagon-maker, which trade later became the foundation of the family fortune and the corporation which now bears his name.” Read more at

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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.
Price: $14.00