Lot 247
Leland, Wilfred C. Son of Henry Leland, founder of Cadillac and Lincoln Motor Companies. In 1902, Henry Leland began Cadillac of which Wilfred was an executive until World War One, when the company shifted to building airplane engines. In 1917, Henry Leland started another company named after a long time hero of his and the first president he was old enough to vote for--Lincoln. Unfortunately, the first Lincolns were introduced in 1920 just as the post-war recession was getting underway and the company fell into financial disarray.
Stock Certificate One Page, small folio. Stamped January 27, 30 & February 8, 1922, Detroit, MI.
Document certifies that " Webb, Lee & Company " is to be paid TEN shares of Lincoln Motor Company stock. Fine.
Estimated Value $200 - 300.
Of note, Lincoln Motor Company soon went bankrupt and was acquired by Ford at auction in what became one of the biggest bargains in the history of big business.
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