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American Eagle Aircraft Corp. of Delaware, 1910-1940 Specimen Stock Certificate

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:110.00 USD Estimated At:200.00 - 300.00 USD
American Eagle Aircraft Corp. of Delaware, 1910-1940 Specimen Stock Certificate
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Delaware. Odd Shares Common Stock Specimen Certificate, Black print on brown border and under tint, American Bald Eagle at top, Specimen overprints and POC's, VF-XF condition, RBNC. The American Eagle Aircraft Corporation was an American aircraft design and manufacturing company which existed briefly in Kansas, but which was a victim of the Great Depression, after building some 500 light airplanes, many of which were the Model A-129, a design attributed to noted aviation pioneer Giuseppe Mario Bellanca. Late in 1929, the worldwide stock market crash severely depressed the sale of non-essential items such as sport airplanes, although American Eagle continued producing airplanes until 1931. Early in that year, Porterfield's company declared bankruptcy and halted production.