Authentic Studebaker Packard stock certificate green

Pricing & History

Sold for
Start Free Trial or Sign In to see what it's worth.
Sold Date
Source eBay

Authentic Studebaker-Packard Corporation stock certificate dated in the 1960's. This is a real, original stock certificate and is unique via the person/entity it is issued to, its issue date and the stock serial number. The vignette is a male allegorical figure holding a piston and calibration tool with a production line and draftmen scene in the background. Studebaker-Packard Corp was the result of the merger of Studebaker and Packard Motor Company and is a significant piece of automotive history. The last Studebaker was produced on March 17, 1966. The production of the last Studebaker did not mark a definite end of the company or its products. The Studebaker Corporation (the Packard name was officially dropped from the corporate title in 1962) had acquired numerous subsidiaries, such as STP, Gravely, Clarke and Onan, so although it did not build cars after March 1966, the company carried on. In mid 1967 Studebaker purchased the Wagner Electric Corporation and in November 1967 it combined with the Worthington Corporation to form the Studebaker Worthington Corporation. In the fall of 1979, the Studebaker Worthington Corporation was absorbed by the McGraw Edison Company. In April 1985, the McGraw Edison Company was acquired by Cooper Industries of Houston, Texas. The certificate is in excellent condition (no noticeable fold marks/tears) and has the normal punch cancellation and staple holes. Great collectible or gift for the auto enthusiast and is perfect for framing. The scanned image does not do the certificate justice. Stock certificate collecting is becoming one of the hottest new collectibles for antique collectors and enthusiasts. Studebaker-Packard is no longer in existence, and t are only so many of these old certificates available. Please review my feedback and bid with confidence! History timeline: 1902 - The Studebaker Electric automobile is introduced. 1904 - Studebaker begins production of gasoline powered cars in conjunction with the Garford Company of Elyria, Ohio. 1910 - Studebaker purchases E-M-F, the second largest automobile manufacturer in Detroit, entering the automobile industry on a large scale. Walter Flanders named general manager of automotive operations. 1911 - The Studebaker Brothers Manufacturing Company is reorganized as the Studebaker Corporation. Albert Russel Erskine joins the company. 1912 - Studebaker discontinues the electric automobile. Walter Flanders resigns from Studebaker to rejoin Everitt and Metzger at the newly formed Everitt Motor Car Company. 1914 - Studebaker begins supplying Britain, France, Russia and eventually the U.S. with wagons for World War I. 1915 - Albert Russel Erskine named president of Studebaker. In cooperation with Commercial Investment Trust, Studebaker becomes the first automaker to offer wholesale and retail financing. 1919 - Automobile production is moved from Detroit to South Bend. 1920 - Horse-drawn vehicle operations are discontinued. 1925 - Studebaker introduces four-wheel hydraulic brakes. 1926 - Detroit manufacturing facilities closed. Studebaker proving grounds opened west of South Bend. 1927 - The Erskine brand introduced, named for Studebaker president Albert Russel Erskine. 1928 - Studebaker acquires luxury car manufacturer Pierce-Arrow. 1931 - The Rockne brand introduced, named for legendary Notre Dame football coach Knute Rockne. 1933 - Studebaker forced into receivership. Frederick Fish and Albert Erskine resign. Harold S. Vance appointed chairman of the board, Paul G. Hoffman named president. Erskine commits suicide. 1935 - Studebaker successfully emerges from receivership. Studebaker Pacific Corporation established in Los Angeles. 1936 - Raymond Loewy Associates contracted to design new Studebaker cars. 1939 - Studebaker begins supplying the Allies with equipment for World War II. First trucks, then eventually airplane engines and the Weasel personnel carrier. Enters the low-priced automobile market with the all new Champi... read more

Items in the Price Guide are obtained exclusively from licensors and partners solely for our members’ research needs.

Flag item for content or copyright

If this item contains incorrect or inappropriate information please contact us here to flag it for review.

If you are the originator/copyright holder of this photo/item and would prefer it be excluded from our community, contact us here for removal.