Product Details
| Company |
ACF-Brill Motors Company
|
| Certificate Type |
Common Stock
|
| Date Issued |
1940's and 1950's
|
| Canceled |
Yes
|
| Printer |
American Bank Note Company
|
| Signatures |
Machine printed
|
|
Approximate Size
|
11 1/2" (w) by 7 1/2" (h)
|
Product Images
|
Representative of the piece you will receive |
|
Authentic
|
Yes
|
| Additional Details |
NA
|
Historical Context
The ACF-Brill Motors Company was formed under a June 19, 1944 agreement between American Car & Foundry Motors Company and the Brill Corporation. The comapany owned no physical properties but was the sole stockholder of its operating companies – the F.G. Brill Company, Philadelphia; the American Care and Foundry Motors Company; the Hall-Scott Motor Car Company, Berkeley, California, and the Fageol Motors Company, manufacturers of trolley coaches, steel metal pressings and engines.
The American Car and Foundry Company and a subsidiary, American Car and Foundry Investment Corporation, owned about 45 per cent of the common stock under the merger agreement, exclusive of 280,138 shares registered for purchase on the exercise of warrants. American Car and Foundry Investment were also issued warrants for 178,072 shares of common stock under the merger agreement. A total of 1,250,000 shares were authorized to be issued.
Although ACF's motor buses were highly regarded by it their users, they never got above fifth place in sales and at War's end, the newly-organized ACF-Brill Motors Company was put up for sale. Ripe with cash from massive wartime contracts, Consolidated Vultee Aircraft Corporation purchased all of American Car & Foundry's bus building divisions from A.C.F. in early 1946.
The sale to Consolidate Vultee ended ACF-Brill's involvement with American Car and Foundry and the motor coach manufacturer now answered to the directors of Consolidated Vultee. All former ACF motor coach assets were transferred to Consolidated-Vultee's 4-year-old Nashville, Tennesee facility and bus production commenced in late 1945.
At the end of the War, General Motors couldn’t keep up with the demand for their highly-regarded diesel transit coaches to the benefit of the nation’s smaller bus manufacturers such as ACF-Brill. Large fleets of gasoline–powered ACF-Brill transit coaches were sold to a handful of East Coast operators who were desperate for product, one example being the Baltimore Transit Company who ordered 162 ACF-Brill gasoline coaches in 1947.
A small number of Willys-badged 15-17 passenger coaches were constructed in the late 1940s using chassis supplied by Willys-Overland, but the underpowered coaches were not successful. For a short period of time ACF-Brill’s trolley coaches proved popular with municipalities seeking to replace worn-out streetcars and a few large orders were placed by surface transit operators in Boston, Chicago, East St. Louis, Houston and other smaller cities.
A few orders trickled in for ACF-Brill's line of intercity coaches, which had enjoyed moderate success before the war, but like their main competitor, Flxible, post war sales disappeared once it became known that new Diesel-equipped GM Silversides were available.
Once their diesel transit coach operations got up to speed, it was nearly impossible to compete with General Motors and by 1952 orders for new ACF-Brill transit coaches dried up completely. ACF-Brill tried to break into the school bus market with a line of Brill-badged purpose-built school buses, but sales were disappointing at best. Flxible managed to stay in business into the late 1950s but Consolidated-Vultee's directors shut down all bus production in 1954. The firm's Nashville plant remained in operation producing television cabinets and airplance components into 1959 when it was taken over by AVCO.
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