-40%

DURANT MOTORS Rare Vintage 1923 Stock Certificate - Also Flint, Star Motor owner

$ 14.78

Availability: 100 in stock
  • Return shipping will be paid by: Buyer
  • Item must be returned within: 14 Days
  • All returns accepted: Returns Accepted
  • Circulated/Uncirculated: Circulated
  • Condition: Excellent. Some minor creasing, and signs of being folded in the past.
  • Restocking Fee: No
  • Country/Region of Manufacture: United States
  • Modified Item: No
  • Refund will be given as: Money Back

    Description

    Own an early piece of U.S. automobile history, with this incredible, nearly 100 year-old 1925 Durant Motors Inc. stock certificate - printed by American Bank Note and hand signed by two Durant officers.  Photo of the Durant auto is for example purposes only, and is NOT included with the certificate (nor is the car itself!).
    History:
    Durant Motors Inc.
    was established in 1921 by former
    General Motors
    CEO
    William "Billy" Durant
    following his termination by the GM board of directors and the New York bankers who financed GM.
    Initially, Durant Motors enjoyed success based upon Billy Durant's track record at General Motors, where he assembled independent makes Chevrolet, Oakland, Oldsmobile, Buick, and Cadillac. However, when sales failed to meet volumes sufficient to sustain Durant Motors holdings, the firm's financial footing began to slip. As a result, Durant Motors began losing market share and dealers. The final Durant-branded models rolled off the US assembly line in August 1931 at Lansing, but continued in Canada into 1932 under Dominion Motors, which also built the Frontenac.
    Thanks for stopping by!  Any questions, please ask.