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Kinner Airplane & Motor Corporation Stock Certificates (102608)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:100.00 USD Estimated At:200.00 - 500.00 USD
Kinner Airplane & Motor Corporation Stock Certificates  (102608)
SOLD
70.00USD+ (17.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2019 May 18 @ 09:49UTC-7 : PDT/MST
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Lot of 2 different. Inc. in California. 1) No. L02650, issued for 20 shares to Daniel T. Scully in 1929. Signed by president WB Kinner and the secretary. Not cancelled. Green border, black print, and vignette of a plane in flight. Printed by Jeffries Banknote Co., Los Angeles. Pinholes, heavy folds. 7.5 x 10.5" 2) Temporary certificate No. T0373, issued to Anna Gillies for ten shares in 1929. Same corp. signatures. Not cancelled. Brown border and background, black print. 8.25 x 10" Pinholes, heavy folds, creases. This company was an airplane and engine manufacturer, founded by Bert Kinner in the mid-1920s. It went bankrupt in 1937 and the aircraft rights were sold to O.W. Timm Aircraft Company. The engine department was rearranged as Kinner Motor Inc in 1938, but folded in 1946. Kinner became the West Coast's largest producer of aircraft engines in 1941. Ken Prag Collection

Date: 1929
City/County: Glendale
State: California