American businessman and manufacturer (1831–1901) who was one of several brothers who founded the Studebaker Corporation, one of the early giants of the automotive industry. Uncommon DS, signed “Clem. Studebaker,” 7.75 x 13, May 31, 1900. A deed transferring ownership of Studebaker Company–owned property to the Terre Haute & Logansport Railway Company. The document is housed in its original brad-bound folder. Light handling wear, otherwise fine condition. R&R COA.