1817

Mercer Motors Co. Issued, 100 shares, Oct. 23

Currency:USD Category:Antiques Start Price:113.00 USD Estimated At:225.00 - 275.00 USD
Mercer Motors Co. Issued, 100 shares, Oct. 23
Mercer Motors Co. Issued, 100 shares, Oct. 23, 1919, brown and black. "Temporary Certificate - Enchangeable for Permanent Engraved Certificate." Signed by Vice Pres. C.P. Bullard and by Asst. Sec. Clark. American Bank Note. An important item: after falling into disarray, in this very month of Oct., 1919, "a Wall Street syndicate calling itself Mercer Motors Co. acquired control...." The new Mercer group acquired much of Locomobile and all of Simplex, but the result "was a disaster...By Aug. of 1921, [Mercer] collapsed...."--Standard Catalog.... Transfer signatures on verso, Aug. 13, 1930; the firm had ceased to exist the previous year. Minor handling evidence, else fine. Rare thus.