Studebaker-Worthington, Inc stock certificate set of 3 colors - 1970's
Set of 3 colors - blue, green, red as shown. Very nice vignette of an allegorical Greek female seated and holding a globe in front of an industrial scene. This is a fantastic piece for the low price point. Dated in the 1970's.
Set of 3 colors!
Studebaker was once a strong automobile manufacturer, but sales had been steadily declining. In December 1963 Randolph H. Guthrie, chairman of Studebaker, announced that the company was closing down its automobile factory in South Bend Indiana, where it had made cars for 50 years, but would continue to make cars in Hamilton, Ontario. On 4 March 1966 Studebaker announced that they were closing down car production. So far that year only 2,045 cars had been produced. Management said the decision was due to "heavy and irreversible losses" in the automobile division.