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Auction: 10USA - NYC Currency and Stock & Bond Auction
Lot: 1012

Willys~Overland (OH) 1923. #P143. 100 shs. 7% Preferred Stock. Blue. Corporate logo flanked by winged figures. Issued to and signed on the transfer stub by John N. Willys. ABN. VF+.* John North Willys (1874-1935) was a pioneer American automobile manufacturer who purchased the near-bankrupt Overland Automobile Company in 1907 and from it organized the Willys-Overland Automobile Company. The new company´s sales increased from about 50 aoutomobiles the first year to more than 300,000 about 20 years later. From 1912-1916 the Willys-Overalnd Company was second only to Ford in total cars produced. The headquarters and principle manufacturing plant were located in Toledo, Ohio, where at one point the company employed 40% of the city´s working population. They produced such automobiles as the Overland, Willys, Willys-Knight, Whippet, Willys-Overalnd and, in the late 1920´s, subsidiary companies also produced the Falcon-Knight and the upscale Stearns-Knight. The Jeep of World War II fame was designed and manufactured by a successor organization. John Willys was born in Canandaigua, NY. He was U.S. Ambassador to Poland from 1930 to 1932, after which he returned to the Willys-Overland Company until his death in 1935. Estimate US$ 200-400

Estimate
$200 to $400