Alexander Manufacturing Company (Old Toilet)
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Product Details
Company
Alexander Manufacturing Company
Certificate Type
Capital Stock
Date Issued
Unissued, circa 1800's
Canceled
No
Printer
Calvert Lith. Co.
Signatures
NA
Approximate Size
10 1/2" (w) by 6 3/4" (h)
Images
Are representative of the piece you will receive
Guaranteed Authentic
Yes
Additional Details
NA
Historical Context
In 1869, this Detroit-based plumbing supply company had a little known about it, except for a soon to be famous employee – one David Dunbar Buick – the same Buick name that adorns the once popular line of General Motors cars.
In 1882 Buick and an old schoolmate, William Sherwood, took over the business when it failed. Over the next several years Buick & Sherwood, with David Buick as president, became successful. Buick himself is credited with many inventions, including improvements to bathtubs, water closets, flushing devices and a lawn sprinkler. His most notable achievement was a method for bonding enamel to cast iron making possible the colorful bathroom and kitchen fixtures of today.
With this promising start Buick could probably have become wealthy in the plumbing business. But David Buick was more interested in making things than making money. Like many tinkerers of the late 19th century he became fascinated with the new gasoline internal combustion engines.
His growing obsession with engine experimenting created a rift in an already tenuous business partnership. Sherwood finally delivered the ultimatum, "Dave, either get down to work or get out." So in 1899, at age 45, Buick sold the company for $100,000. He used his share to form the Buick Auto-Vim and Power Company to manufacture gasoline engines.
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Additional Information
Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. All items offered are collectible in nature only. So, you can frame them, but you can't cash them in!
All of our pieces are original - we do not sell reproductions. If you ever find out that one of our pieces is not authentic, you may return it for a full refund of the purchase price and any associated shipping charges.