Auto Electric and Radio Equipment Company stock certificate

Nice vignette of three allegorical female figures seated together. Unissued. Circa 1920's from news articles of the era. Uncommon automotive piece.

Company was incorporated in Indiana with operations in Fort Wayne.  It provided early auto service and accessories. The company installed and serviced vehicles from 1925 (the earliest car add-on car radios appeared in the early 1920's) but went out of business as automakers introduced car radios as equipment in the early 1930's as equipment became less bulky.