Son of the founder of the Studebaker Corporation who held several executive positions in the family's automobile business (1871-1932) Partly-printed DS, one page, 13.5 x 9.75, August 20, 1926. Stock certificate issued to Clement Studebaker, Jr., for 100 shares of the North American Light & Power Company, endorsed on the reverse by Studebaker on February 15, 1927, to transfer the shares. In fine condition.
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