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Kinner Airplane & Motor Corporation Stock Certificates (102609)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:100.00 USD Estimated At:200.00 - 400.00 USD
Kinner Airplane & Motor Corporation Stock Certificates  (102609)
SOLD
60.00USD+ (15.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2019 May 18 @ 09:30UTC-7 : PDT/MST
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Lot of 2 different. Inc. in California. 1) No. LA01921, issued for 10 shares to Leonard Biggs in 1930. Signed by president Robert Porter and the secretary. Not cancelled. Brown border, black print, and vignette of a plane in flight. Printed by Jeffries Banknote Co., Los Angeles. Folds, creases. 7.5 x 10.5" 2) Fractional Share Certificate No. F57, issued 8 shares in 1930. Signed by assistant secretary Dodge. Not cancelled. Blue border and background, black print. 7 x 8.5" 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: 1930
City/County: Glendale
State: California