545

Bessemer Motor Truck Co., 1917 I/U Stock Certificate.

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:80.00 USD Estimated At:130.00 - 260.00 USD
Bessemer Motor Truck Co., 1917 I/U Stock Certificate.
PLEASE CONTACT US TO REGISTER FOR LIVE BIDDING OR ABSENTEE BIDDING AT:

PH: 1-201-944-4800
FAX: 1-201-839-3336
Web: www.archivesinternational.com
Email: info@archivesinternational.com

Snail Mail: Archives International Auctions
1060 Main Street, Suite 202, River Edge, NJ 07661

The auction will take place on January 24, 2023 at AIA's office located at 1060 Main St., Suite #202, River Edge, NJ 07661 beginning at 11:00 AM
Grove City, Pennsylvania, (Inc. in Delaware). October 4th, 1917. 180 Shares, I/U Common Stock Certificate, Black on green border and underprint, Progress vignette of Native Americans making something by hand with industrial city in background, S/N 252, toning on borders and on interior, still a very attractive stock certificate. First time offered by us and from an old estate. The Bessemer Motor Truck Company based in Grove City, Pennsylvania, built commercial vehicles from 1911 to 1926 with 0.75 to 3.5 tons Payload . These vehicles had four-cylinder engines and initially chain drive that were soon superseded by cardan drive designs. In 1923 there was a merger with the American Motors Corporation in Plainfield , New Jersey (no relation to the later AMC ) to form the Bessemer-American Motors Corporation. In 1926, the year production stopped, new models with six-cylinder engines and a payload of up to 4 tons appeared. The brand name was always Bessemer and Continental engines were used throughout. The Bessemer-American Corporation continued to produce American Six passenger cars through 1926 .