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Swallow Airplane Company Stock Certificate (107373)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:50.00 USD Estimated At:100.00 - 300.00 USD
Swallow Airplane Company Stock Certificate   (107373)
SOLD
200.00USDto s******n+ (50.00) buyer's premium. + applicable fees & taxes.
This item SOLD at 2019 Jul 14 @ 10:07UTC-7 : PDT/MST
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Wichita, Kansas printed beneath title. Inc. in Delaware. No. 0249, issued for 50 shares to William H. Kasten on Feb. 11th, 1929. Signed by the president (Moore?) and secretary Basset. Not cancelled. Green border, black print, and vignette of airplane with "Swallow" on the side. Printed by The Broun-Green Co., NY. Attached is a stock transfer slip. Folds, toning. 8 x 11.5" Founded in 1920 as the E.M. Laird Aviation Co. Ltd. Bought the Wichita Aircraft Company, its aircraft and the factory of the Watkins Manufacturing Company. Produced the Swallow TP, a trainer plane used by many pilots in the 1920s and 30s. In late 1927, owner Mollendick bet most of the company fortune on a record setting aircraft flown by noted aviator William Portwood Erwin, the Dallas Spirit, which was lost on a record attempt to Asia concurrent with the Dole Air Race. Company assets were sold to Victor Roos. Ken Prag Collection

Date: 1929
State/Country: Kansas
City/County: Witchita