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General Aircraft Corp., 1950-60's Specimen Stock Certificate

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:40.00 USD Estimated At:70.00 - 120.00 USD
General Aircraft Corp., 1950-60's Specimen Stock Certificate
SOLD
40.00USDto floor+ buyer's premium + applicable fees & taxes.
This item SOLD at 2021 Jan 27 @ 12:17UTC-4 : AST/EDT
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Delaware, ND (1960-1980s) Odd Shares Specimen Stock Certificate, Black text with blue border and underprint, Eagle with spread wings at top center. Red specimen overprints, VF condition, SC-USBN. The company was established at Lowell, Massachusetts to build an aircraft designed by Doctor Otto C. Koppen, a professor of aeronautics from the Massachusetts Institute of Technology. The aircraft was the G1-80 Skyfarer, a two-seat cabin high-wing braced monoplane. Before the company could produce the aircraft in any numbers the Second World War intervened, and the Skyfarer programme was abandoned after 17 examples had been built. The company became a manufacturer of the Waco CG-4A troop glider and the interests in the Wayfarer were passed to Grand Rapids Industries.