MICHIGAN. AMSTERDAM/DETROIT. 10 Gewone Aandelen van $1, specimen. green, black, brown. Dutch depository receipt for 10 shares and as such an interesting rarity for the advanced car collector. Henry & Clem Studebaker started to build cars in South Bend in 1902. They were electrics, made in modest numbers until 1912. In 1904 they were joined by a petrol-driven model, the 16hp Model C. However, for some years the company preferred to have the bigger cars built elsewhere for them. Only in 1913 did it restart construction of its whole range itself. By 1914 the company had become a major producer, selling over 45,000 cars. After WW1 the range widened, to offer really large 6-cylinder models as well as inexpensive small types. Studebaker built up a good racing record, especially on the Indianapolis 500. After a financial crisis in1933, the range was improved, but never again achieved its early renown. It merged with Packard in 1954, but this did not bring salvation. Studebaker stopped U.S. car manufacture in 1964, although continued two more years at its Canadian plant.
Startprice: € 30