American Austin Car Company, Inc. 1930

American Austin Car Company, Inc. 1930

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American Austin Car Company, Inc. 1930

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Beautifully engraved certificate from the American Austin Car Company, Inc. issued in 1930. This historic document was printed by the American Banknote Company and has an ornate border around it with a vignette of allegorical man truning a wheel with gods and goddesses in the background. This item has the printed signatures of the Company’s President and Secretary and is over 73 years old.
Certificate Vignette The American Austin debuted in 1930 at the National Automobile Show. In little more than a week more than 52,000 orders had been received. By mid-June a production rate of 100 vehicles a day was achieved at the Butler plant. Unfortunately, the Great Depression continued and American families had less and less money and sales fell drastically. The factory closed in the spring of 1932. In the fall of the same year, the factory was acquired by entrepreneur, Roy S. Evans, who, at age thirty, was the largest automobile dealer in the South. Austins again rolled off the production line and by summer of 1935 more than 20,000 cars and trucks had been built. However, the stockholders decided to sell all the assets of the American Austin Car Company. Evans was able to acquire these assets and reorganize the company as the American Bantam Car Company, by 1936, but had no money left to build cars.

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Item Details:

  • Reference #
  • amauscarcomi
  • Quantity
  • 1
  • Category
  • Coins & Currency
  • Department
  • Antiques
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  • See Description
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