David Dunbar Buick signed Buick Oil Co. - Autograph Stock Certificate - Automoti for Sale

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David Dunbar Buick signed Buick Oil Co. - Autograph Stock Certificate - Automoti For Sale

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David Dunbar Buick signed Buick Oil Co. - Autograph Stock Certificate - Automoti:
$915.00

The Buick Oil Company was founded by the auto pioneer David Dunbar Buick (1854-1929) and was incorporated in Los Angeles, California in March, 1910. D. D. Buick signs this great stock as President. Rare and Excellent Condition. Outstanding! David Dunbar Buick (September 17, 1854" March 5, 1929) was a Scottish-born American Detroit-based inventor, best known for founding the Buick Motor Company. He headed this company and its predecessor from 1899"1906, thereby helping to create one of the most successful nameplates in United States motor vehicle history. Buick was born in Arbroath, Scotland and moved to Detroit at the age of two with his family. He left school in 1869 and worked for a company which made plumbing goods. When the company ran into trouble in 1882, he and a partner took it over. At this time Buick began to show his promise as an inventor, producing many innovations including a lawn sprinkler, and a method for permanently coating cast iron with vitreous enamel which allowed the production of "white" baths at lower cost. Although cast iron baths are uncommon nowadays, the method is still in use for enameling them. With the combination of Buick's innovation and his partner's sound business management the company became quite successful. During the 1890s, Buick developed an interest in internal combustion engines and began experimenting with them. He was spending little time on the plumbing business, and his business partner became impatient with him. The partnership was dissolved and the company was sold. Buick now had the time and capital to work on engines full-time, and he set up a new company, the Buick Auto-Vim and Power Company, in 1899 to do so. The stated aim of the company was to market engines for agricultural use. Buick soon turned to the development of a complete car, rather than just an engine. He also concentrated on research and development at the expense of manufacturing and sales. The result was that he consumed his capital by early-1902 without having generated any significant return, only a single car. In early-1902, he established the Buick Manufacturing Company, with the objectives of marketing engines to other car companies, and manufacturing and selling its own Item ordered may not be exact piece shown. All original and authentic.