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Tucker Corporation - 1948 dated Brown Automotive Stock Certificate - Only 50 Tucker Cars were Made

Inv# AS1375A   Stock
State(s): Delaware
Illinois
New York
Years: 1948
Color: Brown

Stock with printed signature of Preston Tucker as president. Printed by Security Banknote Company.

Preston Thomas Tucker (September 21, 1903 – December 26, 1956) was an American automobile entrepreneur. He is most remembered for his Tucker 48 sedan, initially nicknamed the "Tucker Torpedo", an automobile which introduced many features that have since become widely used in modern cars. Production of the Tucker '48 was shut down amidst scandal and controversial accusations of stock fraud on March 3, 1949. The 1988 movie Tucker: The Man and His Dream is based on Tucker's spirit and the saga surrounding the car's production.

Preston Tucker was born on September 21, 1903, on a peppermint farm near Capac, Michigan. His father was a railroad engineer named Shirley Harvey Tucker (1880-1907). His mother was Lucille Caroline (née Preston) Tucker (1881-1960). He grew up outside Detroit in the suburb of Lincoln Park, Michigan. Tucker was raised by his mother, a teacher, after his father died of appendicitis when Preston was 2 years old. First learning to drive at age 11, Tucker was obsessed with automobiles from an early age. At age 16, Preston Tucker began purchasing late model automobiles, repairing/refurbishing them and selling the cars for a profit. He attended the Cass Technical High School in Detroit, but he quit school and landed a job as an office boy for the Cadillac Motor Company, where he used roller skates to make his rounds more efficiently. In 1922, young Tucker joined the Lincoln Park, Michigan, police department (against the pleas of his mother), his interest stirred by his desire to drive and ride the fast, high-performance police cars and motorcycles. His mother had him removed from the force, pointing out to department officials that at 19, he was below the department's minimum required age. Read more at https://en.wikipedia.org/wiki/Preston_Tucker

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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: $243.50