Archives International Auctions Auction 82 January 24th, 2023

Archives International Auctions - Sale 82 108 January 24, 2023 Archives International Auctions www.archivesinternational.com Scripophily - Automobile & Transportation Delaware 545 545 Bessemer Motor Truck Co., 1917 I/U Stock Certificate. Grove City, Pennsylvania, (Inc. in Delaware). October 4th, 1917. 180 Shares, I/U Common Stock Certificate, Black on green border and underprint, Progress vignette of Native Americans making something by hand with industrial city in background, S/N 252, toning on borders and on interior, still a very attractive stock certificate. First time offered by us and from an old estate. The Bessemer Motor Truck Company based in Grove City, Pennsylvania, built commercial vehicles from 1911 to 1926 with 0.75 to 3.5 tons Payload . These vehicles had four-cylinder engines and initially chain drive that were soon superseded by cardan drive designs. In 1923 there was a merger with the American Motors Corporation in Plainfield , New Jersey (no relation to the later AMC ) to form the Bessemer-American Motors Corporation. In 1926, the year production stopped, new models with six-cylinder engines and a payload of up to 4 tons appeared. The brand name was always Bessemer and Continental engines were used throughout. The Bessemer-American Corporation continued to produce American Six passenger cars through 1926 . ������������������������������������������������������������������������������������������������� Est. $130-260 Nevada 546 546 Yellow Cab Co. 1955 Progress Proof Stock Certificate With AdditionalDesignElementProofsandProductionCorrespondence Nevada, 1955. Lot includes 5 pieces, all related to the production of Stock Certificates for the Yellow Cab Company. Includes a Proof Stock Certificate, Order form, as well as documentation of the paper and border stock used in the production process. Unique lot. (5) ���������������������������������������������������������������������������������������������������������������������� Est. $120-240 West Virginia 547 547 DawsonManufacturingCo., 1901, EarlyAutomobileManufacturer Specimen Gold Bond Rarity. West Virginia. $500, Specimen 1st Mortgage 6% Gold Coupon Bond. Black vignette and text on brown border, allegorical woman in middle with small train passing on her right under curved title. Specimen overprints, POC’s, ABNC. In 1901, the first known car to be made in Virginia was the Dawson Car, named for George Dawson, an Ohio machinist. Dawson set out from Cincinnati for Basic City (now Waynesboro), Virginia, via the Chesapeake and Ohio Railroad (C&O), in 1899. There, at the crossroads of the C&O and the Shenandoah Valley (later the Norfolk & Western) Railroad, he established a machine shop known as Dawson Manufacturing Company. While the railroads likely kept him in business, Dawson also decided to try his hand at building a steam-powered car. The Dawson Steam Auto- Mobile was a 2-cylinder runabout with single chain drive and tiller steering. The driver and one or two passengers could sit atop the bench seat; the engine was located beneath it. The car rode on wire-spoked wheels with white rubber tires. Its top speed was said to be somewhere between 25 and 30 mph, and its side brass lamps ensured that a driver could continue driving into the evening hours. After the first model was on the road and a proven success, Dawson tried advertising the car in an automotive trade journal — but there were no takers. Because he wanted to continue building a second car, eventually he sold the first to Luther Gaw (auto mechanic) and John Clark (barber) of Waynesboro, Virginia. While Dawson continued to try to get backing, Basic City’s businessmen and bankers were not inclined to support the start-up car manufacturer. Discouraged and leaving his second incomplete car unsold, Dawson closed his business and returned to Cincinnati. Only 2 examples found in the ABN Archives. ������������������������������������� Est. $230-450 Tuesday, January 24th, 2023: Session 2 - lots 545 - 726 U.S. Scripophily Automobiles - Utilities Beginning no earlier than 3:00 PM EST after Session 1 is Complete: