Stock certificate for 50,000 shares in the Kaiser-Frazer Corporation, one page, 11.75 x 7.75, October 27, 1949, issued to "Henry J. Kaiser and Joseph W. Frazer, as voting trustees." Includes two letters, on the letterhead of the First National Bank of Nevada and the Lawyers Trust Company of New York, concerning the transfer of the certificate to McNaughton & Co., dated December 1949. Impressively cloth-matted and framed together with a plaque to an overall size of 37 x 30. In fine condition. The Kaiser-Frazer Corporation was an American automobile company, founded jointly in 1947 by industrialist Henry J. Kaiser and automobile executive Joseph W. Frazer.