Studebaker Brothers Manufacturing Company
Studebaker Brothers Manufacturing Company
- Only a few pieces left...
- Inventory on the way
Unissued, circa early 1900's
Western Bank Note Company
15" (w) by 9 1/2" (h)
In 1852 Henry and Clem Studebaker opened a blacksmith and wagon shop in South Bend, Indiana under the firm name H. & C. Studebaker. John M. Studebaker joined his brothers but at the age 19 got gold fever and traveled out west. In the mean time the little firm of H. & C. Studebaker was having a hard time financing its business, was confronted with judgments, and about to go under. Money was scarce and seldom obtained for sales. So in 1858 John M. Studebaker returned to South Bend with $8,000 and bought out Henry Studebaker. Henry wanted to become a farmer.
This new money rehabilitated the firm of H. & C. Studebaker and assured its future prosperity. At that time, in 1858, the total assets of the firm were valued at $10,000. By 1860 they were building wagons for the U.S. Army and the same year the two Studebaker Brothers built their first Buggy. In 1864 Peter Studebaker joined his brothers and became an important factor in its management. In 1867 the factory buildings covered four acres of ground, 140 mechanics were employed and the pay roll amounted to over $1,500 per week.
On January 1, 1868, the assets of H. & C. Studebaker amounted to $223,269.00, and sales were about $350,000 annually. Thus had the business grown to such extent that it was determined to form a corporation. The Studebaker Brothers Manufacturing Company was organized March 26, 1868 under the statutes of Indiana. Clem Studebaker was elected President, John M. Studebaker, Treasurer, and Peter E. Studebaker, Secretary.
Jacob F. Studebaker died in 1887 and Peter E. Studebaker died in 1897 at the age of 61. Clem Studebaker died in 1901 at the age of seventy. He was President of The Studebaker Brothers Manufacturing Company for thirty three years. John M. Studebaker was in charge of the manufacturing department for forty five years, during which time he personally supervised the building of nearly all vehicles that left the factory. He built into these products sturdy and honest character. Upon the death of Clem Studebaker, John M. Studebaker succeeded to the presidency, but continued to devote himself to the manufacturing department. John was the last of the five brothers and he died at the age of 83 in South Bend March 16, 1917.
In 1891 Frederick S. Fish, of Newark, N. J., who had married a daughter of John M. Studebaker, associated himself with the three brothers in the conduct of the business. In 1897, on the death of Peter Studebaker, he became chairman of the executive committee of the company, and thereafter was a dominating influence in the conduct of its affairs. Owing to his foresight, initiative and effort, the company became interested in the horseless vehicle, and thereafter expanded into the automobile business, and ultimately merged The Studebaker Brothers Manufacturing Company into The Studebaker Corporation.
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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.
Are the certificates offered on your site genuine or reproductions?All of the certificates you see on our site are genuine pieces, we do not sell any reproductions.
Are the certificates you sell negotiable on any of today's stock markets or indexes?
No. All of the pieces we sell are either canceled or obsolete and have collectible value only.
Are the images presented in your product listings of the exact piece I will receive?
It depends. We try to present images of the exact piece you will receive whenever possible. However, when we are offering quantities of a piece, this is impossible. Within every product page we detail whether or not you will be receiving the exact certificate listed, or if the image is a representative example of the one you will receive.
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We ship all orders via the United States Postal Service. Most domestic orders are shipped via Ground Advantage. USPS International, Priority and Express Mail, UPS and DHL services are also available, and costs are calculated during checkout. Current charges may be reviewed here.
Can I return my purchase?
Absolutely. You may return any merchandise, for any reason, within 30 days of the purchase date for a full refund of the purchase price.
We guarantee all of our pieces to be authentic. If you ever determine that a piece is not authentic, it may be returned for a full refund of the purchase price as well as any associated shipping charges.
If your order exceeds $35, and the shipping address is within the United States, shipping via USPS Ground Advantage is FREE!
We make every effort to ship out all orders within 24 hours of receipt.
We ship the majority of orders via the USPS, with domestic orders using the Ground Advantage service.
Shipping is calculated during checkout. Upgraded services such as Priority and Express Mail, as well as UPS and DHL options, are also available.
As soon as your order is shipped you will receive your tracking information via email.
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Our goal is to make sure every item you receive is exactly what you had in mind. If you not happy with your purchase, we’ll help you get it sorted in a timely and professional manner.
You can return anything we offer for an exchange, refund or store credit within 30 days of delivery. Return shipping costs may apply, and the item must be in its original condition and packaging.
Any shipping charges collected on the original order are not eligible for a refund.