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Cord Corp., ND (ca.1920-30's) Stock Certificate Proof.

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:100.00 USD Estimated At:200.00 - 400.00 USD
Cord Corp., ND (ca.1920-30's) Stock Certificate Proof.
SOLD
110.00USDto floor+ buyer's premium + applicable fees & taxes.
This item SOLD at 2020 Jul 08 @ 11:00UTC-4 : AST/EDT
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ND (ca. 1910-20), Vignette, title and text without border. Tri-motor airplane flying over speedboats, Duesenberg and Auburn Automobiles. Cord headed the Cord Corporation and owned two aviation companies, Stinson Aircraft and Lycoming Motors, two automobile companies, Auburn and Duesenberg, and five other engine manufacturers. In 1932, Cord formed the Airplane Development Corp. as a subsidiary of the Cord Corp.. In early 1932, Cord faced labor problems with his airlines pilots and he sold both airlines to American Airways. In 1934, Aviation Corporation was required to divest American Airways which was promptly renamed American Airlines. Facsimile signature of E.L. Cord. Rare and historic certificate. F/VF condition. SBNC. Only 2 proofs found in the archives in 2005 and no completed examples found. This is the last available.