Description: Original, engraved stock certificateNash-Kelvinator Corporation" Incorporated Under The Laws Of the State of Maryland " 25 SharesAugust 24, 1949 Registered : The Chase National Bank of the City of New YorkCountersigned : Manufacturer's Trust CompanyPrinted by American Bank Note Company 7" x 11"Vertical creases ( folds ). Staple-holes.( see the photos ) You will receive the exact certificate pictured.This certificate is sold only as a collectible. Issued to Marion A. Grant Carefully packed for shipment to the buyer. --------- Historical Information : Nash-Kelvinator Corporation Nash-Kelvinator Corporation was the result of a merger in 1937 between Nash Motors and Kelvinator Appliance Company. The company manufactured cars and refrigerators as well as aeronautic components and helicopters during World War II. In 1954, the company merged with Hudson Motors to form American Motors Corporation ( AMC ). The founder of Nash Motors, Charles W. Nash, serving as chair of the board, wanted George W. Mason for his expertise as a production engineer for several car manufacturers before being appointed president of Kelvinator in 1928. To have Mason, Nash had to buy Kelvinator, a leading manufacturer of refrigerators.The merged company began on January 2, 1937 with no debt and $50 million in cash assets.Mason then served as president of Nash-Kelvinator until 1954 when the firm merged with Hudson Motors. Nash-Kelvinator ranked 27th among United States corporations in the value of World War II production contracts. As part of the Arsenal of Democracy, the company shifted its factories to make a large variety of military components and aeronautic assemblies. The company expanded its facilities to produce the Hamilton Standard propellers to become the largest manufacturer of this type of propeller with more than 158,000 units made with an additional over 85,000 spare blades, assembling nearly 17,000 Pratt & Whitney R-2800 Double Wasp 18-cylinder, air-cooled aircraft engine, making the newly introduced Sikorsky R-6 helicopters, and becoming one of the largest suppliers of binoculars in the world with over 200,000 delivered to the U.S. Army.Starting in late 1944, the company began to work on new car designs and by 1945 it completed new proving grounds in Wisconsin. In 1955, Kelvinator introduced the Kelvinator Food-A-Rama Side-by-Side Refrigerator, one of the earliest modern side-by-side frost-free refrigerators.Kelvinator consumer products, before and after the merger with Nash, were considered an upmarket brand of household appliances. In 1954, Nash-Kelvinator acquired Hudson Motor Car Company of Detroit, Michigan, in what was called a mutually beneficial merger that formed the American Motors Corporation. It was the largest corporate consolidation to date. Kelvinator continued as a wholly owned division that was focused on the production and marketing of major home appliances and refrigeration equipment within the new company. Seeking to focus on the automobile market, the rights to the Kelvinator brand was sold by AMC to White Consolidated Industries in 1968, which brought the product under its corporate appliance group, joining the White-Westinghouse, Gibson, and Frigidaire appliance brands. The appliance division of White Consolidated Industries is now part of Sweden's Electrolux Corporation. The Kelvinator brand is applied to household appliances and scientific refrigeration systems.
Price: 20 USD
Location: Coventry, Rhode Island
End Time: 2024-12-08T15:40:07.000Z
Shipping Cost: N/A USD
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Item Specifics
Restocking Fee: No
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 30 Days
Refund will be given as: Money Back
Circulated/Uncirculated: Circulated
Type: Stock
Nash Motors Kelvinator Appliance Company: Hudson Motors American Motors Corporation AMC
Chase National Bank New York City: Manufacturer's Trust American Bank Note Company
Country/Region of Manufacture: United States
WWII World War Two Arsenal of Democracy: Aeronautic components Helicopters