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Auction: 20119 - Stocks and Bonds of the United States of America e-Auction
Lot: 150

Crescent Aircraft Corporation, New Jersey, Class A stock, [1930], #5249, signed by Clarence D. Chamberlain as President, eagle at top, brown and red. Incorporated in 1928 to manufacture aircraft in a converted cotton mill in Jersey City together with Chamberlain Aeronautics Inc. They made a handful of 8-passenger monoplanes and set several short flight records in the US in 1930. In receivership in September 1930. Chamberlain bought the company from the receiver. Chamberlain, 1893-1976, was a noted trans-Atlantic flier and considered one of the best in the world. VF.

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$65