American Motor Transportation stock certificate c1928 (Oakland California) - pre-Greyhound bus line 

Early coast-coast bus line. Incredible vignette of a 1920s style bus with passengers. Unissued and cancelled. Circa 1928 from corporate records. Measures approximately 12 x 8.5 inches.

Unlisted in reference book, American Automotive Stock Certificates, by Larry Falater.

In 1928, the American Motor Transportation Company (AMTC) was formed to consolidate several bus lines, notably acquiring most of the independent members of the Yelloway-Pioneer System to create a major East-West network, with a significant moment being the first scheduled coast-to-coast bus trip by a single operating company (Yelloway-Pioneer) in September 1928, connecting Los Angeles to New York City before AMTC itself was bought by the Motor Transit Corporation (Greyhound) in 1929, marking a key step in Greyhound's expansion.

Formation:
The AMTC was incorporated in May 1928 by W.F. Travis, taking over various East and Midwest bus lines.

Acquisition:
AMTC bought most of the Yelloway-Pioneer System's member companies, expanding its reach significantly.

Coast-to-Coast Service:
The Yelloway-Pioneer System, under AMTC, completed the first regularly scheduled transcontinental bus trip from Los Angeles to New York City in September 1928.

Greyhound's Growth:
Simultaneously, the Motor Transit Corporation (MTC), which would become Greyhound, was also acquiring lines (like Cardinal and Cleveland-Pittsburgh Motor Stages) and establishing new routes in the East.

Significance:
The AMTC's actions in 1928, along with MTC's (Greyhound's) parallel growth, represented a major consolidation trend in the bus industry, leading towards the dominance of larger entities like Greyhound by the early 1930s.

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