Beautifully engraved antique stock certificate from the Pay-As-You-Enter Car Corporation dating back to the 1910's. This document, which is signed by the company Vice President, Assistant Treasurer and Assistant Secretary, measures approximately 11 3/4" (w) by 8 1/4" (h).
This certificate features a unique vignette of one of the company's pay as you enter trolley cars.
Very desirable piece.
The Pay-As-You-Enter Car Corporation was incorporated in Delaware on May 25, 1910, as a successor to the Pay-As-You-Enter-Car Company of New Jersey.
The company was formed for the purpose of exploiting patents relating to fare collections on street cars.
In March 1911, the Pay-As-You-Enter Car Corporation merged with the Pay-Within Car Company and the National Pneumatic Company of Chicago resulting in formation of the Prepayment Car Sales Company, located at 50 Church Street, New York City.
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.