NOT SOLD (BIDDING OVER)
0.00USD+ applicable fees & taxes.
This item WAS NOT SOLD. Auction date was 2010 Aug 19 @ 11:00UTC-4 : AST/EDT
Stock certificates from the United States and other countries around the world. Items offered cover a wide variety of collecting topics including automotive, railroads, mining, autographed and much more.
1929. 100 shares of the Lockheed Aircraft Company. Green. Founded in 1926 by Allan Loughead and his brother Malcolm, the company was bought by Detroit Aircraft Corporation in 1929, only to have the parent corporation file for bankruptcy in 1932. During that same year, banks Robert and Courtland Gross bought Lockheed’s assets and revived the company’s business with the Electra, a twin-engined all metal airliner. The advent of World War II began the company’s business as a defense contractor by beginning with the P-38 Lightning bomber and continues as a primary contractor for U.S. defense aircraft as Lockheed Martin Corporation. Allan Loughead (1889 - 1969) legally changed his last name to Lockheed in order that its spelling would match its pronunciation. He worked throughout World War II in aircraft design and development. Once when asked what he did during the early days of aviation, an elderly Lockheed responded “I survived”. This piece offers a rare opportunity to acquire this legendary aviation pioneer on an important stock. Uncancelled and EF
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