{"product_id":"vintage-1950s-studebaker-packard-stock-certificate-blue-100-shares-detroit","title":"Vintage 1950s Studebaker-Packard Stock Certificate 🚗 Blue, 100 Shares, Detroit Michigan Engraved","description":"\u003ch2\u003eRemember Studebaker-Packard? 🚗 Vintage 1950s Stock Certificate, Blue, 100 Shares, Detroit\u003c\/h2\u003e\n\u003cp\u003e\u003cstrong\u003eSize:\u003c\/strong\u003e 12\" x 8\"\u003c\/p\u003e\n\u003cdiv style=\"max-width:315px;margin:0 auto 20px;\"\u003e\u003cdiv style=\"position:relative;padding-bottom:177.78%;height:0;overflow:hidden;\"\u003e\u003ciframe src=\"https:\/\/www.youtube.com\/embed\/hLSFMU-CpDQ\" style=\"position:absolute;top:0;left:0;width:100%;height:100%;\" frameborder=\"0\" allow=\"accelerometer;autoplay;clipboard-write;encrypted-media;gyroscope;picture-in-picture\" allowfullscreen\u003e\u003c\/iframe\u003e\u003c\/div\u003e\u003c\/div\u003e\n\n\n\u003cp\u003e🚗 A blue engraved Studebaker-Packard certificate for 100 shares, from the Detroit years, when Packard had just bought Studebaker and the two old independents were trying to stand up to the Big Three together. It's American Bank Note Company engraving, and it's a piece of the plan that was supposed to create a fourth big American carmaker.\u003c\/p\u003e\n\n\u003ch2\u003e🔍 What's On It\u003c\/h2\u003e\n\u003cp\u003e\u003cstrong\u003eSTUDEBAKER-PACKARD CORPORATION\u003c\/strong\u003e, \u003cstrong\u003eINCORPORATED UNDER THE LAWS OF THE STATE OF MICHIGAN\u003c\/strong\u003e, for \u003cstrong\u003eONE HUNDRED\u003c\/strong\u003e fully paid shares of \u003cstrong\u003eCOMMON STOCK, PAR VALUE $10 PER SHARE\u003c\/strong\u003e, with big 100 numerals in the upper corners and an ornate blue border. Up top is the engraved vignette: a seated woman in a flowing cloak between two bare-chested workmen, one with a pickaxe. It reads \u003cstrong\u003eTHIS CERTIFICATE IS TRANSFERABLE EITHER IN NEW YORK CITY OR DETROIT\u003c\/strong\u003e, names the Detroit Trust Company and the City Bank Farmers Trust Company as registrars and Guaranty Trust Co. of New York as a transfer agent, and has a printed corporate seal, facsimile officers' signatures and \u003cstrong\u003eAMERICAN BANK NOTE COMPANY\u003c\/strong\u003e along the foot. The back has the Article IV text and the assignment form.\u003c\/p\u003e\n\u003cp\u003eThose printed banks date the plate. City Bank Farmers Trust became First National City Trust at the end of January 1959, and Guaranty Trust merged with J.P. Morgan the same year, so these come from 1954 to 1959. Some carry the facsimile signature of James J. Nance, the Packard president who ran the merged company, and later ones carry his successor's.\u003c\/p\u003e\n\u003cp\u003eThese are issued certificates, filled in for a holder, countersigned and later punch-cancelled, so expect endorsements, agents' stamps and cancellation holes. That's the paper trail of a security that did its job, not a condition problem. Each one in the stack is a little different that way.\u003c\/p\u003e\n\n\u003ch2\u003e🏭 The Merger That Was Supposed to Save Them\u003c\/h2\u003e\n\u003cp\u003eIn 1954 the Packard Motor Car Company of Detroit bought the Studebaker Corporation of South Bend, Indiana. The bigger plan was for Studebaker-Packard to join Nash-Kelvinator and Hudson in a four-make American Motors Corporation. Then Nash's George W. Mason died suddenly in 1954, George Romney took over, and disputes over sharing parts sank the whole idea.\u003c\/p\u003e\n\u003cp\u003ePackard's people also found out Studebaker was in worse shape than they'd been told. Studebaker needed to sell about 282,000 cars a year to break even and sold about 82,000 in 1954. After a terrible 1956, Nance left, Curtiss-Wright took over management, and the car business moved to South Bend, ending production in Detroit, which is why a Detroit certificate like this belongs to those first few years. The Packard name was gone after 1958, the company became the Studebaker Corporation in 1962, South Bend closed in 1963, and the last Studebakers came out of Hamilton, Ontario, in 1966.\u003c\/p\u003e\n\n\u003ch2\u003e📏 Details\u003c\/h2\u003e\n\u003cul\u003e\n\u003cli\u003eVintage 1950s Studebaker-Packard Corporation stock certificate, blue, 100 shares, $10 par common\u003c\/li\u003e\n\u003cli\u003eTransferable in New York City or Detroit; American Bank Note Company engraving\u003c\/li\u003e\n\u003cli\u003eAbout 12\" x 8\", issued and cancelled\u003c\/li\u003e\n\u003cli\u003eYou'll get one certificate like the ones shown; dates, names, signatures and stamps differ from one to the next\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003cp\u003e🖼️ Frame it for an office, a den or a garage, next to a picture of a Hawk or a Packard Caribbean.\u003c\/p\u003e\n\u003cdiv class=\"relatedBlock\"\u003e\n\u003ch3\u003e🔎 More From The Vintage \u0026amp; Antique Gifts Archive\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\u003ca href=\"https:\/\/vintageantiquesgifts.com\/products\/blue-vintage-1960s-1970s-pan-american-world-airways-stock-certificate\"\u003eVintage 1960s-1970s Pan Am Stock Certificate ✈️ Blue, Pan American World Airways Capital Stock, Golden Age Aviation\u003c\/a\u003e\u003c\/li\u003e\n\u003cli\u003e\u003ca href=\"https:\/\/vintageantiquesgifts.com\/products\/vintage-1960s-atlantic-refining-company-stock-certificate-oil-americana-green\"\u003eVintage 1960s Atlantic Refining Company Stock Certificate 🛢️ Green, 100 Shares, Common Stock\u003c\/a\u003e\u003c\/li\u003e\n\u003cli\u003e\u003ca href=\"https:\/\/vintageantiquesgifts.com\/products\/1930s-1950s-baltimore-ohio-railroad-stock-certificate-monopoly-blue\"\u003eAntique B\u0026amp;O Railroad Stock Certificate 🚂 1930s 1950s Baltimore \u0026amp; Ohio 10 Shares Blue Engraved Tom Thumb Vignette, Monopoly Railroad\u003c\/a\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e","brand":"Vintage and Antique Gifts","offers":[{"title":"Default Title","offer_id":46803011305704,"sku":"VAG-8996586062056","price":10.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0597\/2718\/4037\/files\/il_fullxfull.6409761270_gwt7.jpg?v=1785441900","url":"https:\/\/vintageantiquesgifts.com\/products\/vintage-1950s-studebaker-packard-stock-certificate-blue-100-shares-detroit","provider":"Vintage and Antique Gifts","version":"1.0","type":"link"}