1815

Holmes Automobile Co. Issued, 25 preferred sh

Currency:USD Category:Antiques Start Price:100.00 USD Estimated At:200.00 - 250.00 USD
Holmes Automobile Co. Issued, 25 preferred sh
Holmes Automobile Co. Issued, 25 preferred shares, June 7, 1920, mocha and black, "shares $100 each." Signed by Arthur Holmes, Pres., and by Sec. The former chief engineer for Franklin, Arthur Holmes designed "the world's only full-sized air-cooled car" in Canton, Ohio. In 1921, an arrest warrant was issued for their Vice President for larceny and embezzlement. Needless to say, this shareholder almost certainly lost their substantial investment. Minor fold at lower left tip, else fine.