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Buick Improved Carburetor $100 Note hand signed by David Dunbar Buick (Buick Car Founder)  and his son, Thomas.- Delaware 1919  

Buick Improved Carburetor $100 Note hand signed by David Dunbar Buick (Buick Car Founder) and his son, Thomas.- Delaware 1919

Product #: buicknote

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PRODUCT DESCRIPTION  
Beautiful uncancelled certificate from the David Buick Carburetor Corporation issued in 1919. This historic document was printed by Goes Banknote Company and has an ornate border around it with a vignette of an eagle. This item has the signatures of David Dunbar Buick and his son, Thomas D. Buick and is over 97 years old.

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David Dunbar Buick was a Scottish-born American inventor best known for founding the Buick Motor Company. He was born in Arbroath, Angus, Scotland moving to Detroit, Michigan at the age of two when his parents emigrated to the United States.

He left school in 1869 and worked for a company which made plumbing goods[1]. 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 enamelling 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 generating any significant return, other than a single car.

In early 1902, he set up a second company, the Buick Manufacturing Company, with the twin aims of marketing engines to other car companies and of manufacturing and selling its own cars. Once again manufacturing and development problems meant that by the end of 1902, Buick had run out of money with only one car to show for his work. The concentration on development had produced the revolutionary "Valve-in-Head" overhead valve engine. This method of engine construction produces a much more powerful engine than the rival side valve engine design which all other manufacturers used at the time. Overhead valve engines have been used by most car manufacturers but now only GM and Chrysler produce "push-rod engines" with any great regularity. Since overhead cam engines are design variants of OHV engines, it is fair to classify virtually all modern engines as derivatives of Buick's invention.

The money ran out again and in 1903 Buick was forced to raise more money via a $5,000 loan from a friend and fellow car enthusiast, Benjamin Briscoe. With this financial help from Briscoe, Buick formed the Buick Motor Company which was to become the cornerstone of the General Motors empire. He later set up the David Buick Carburetor Corporation in 1919.

Buick died of colon cancer on March 5, 1929.

History from Wikipedia and OldCompany.com (old stock certificate research service).

Product #: buicknote

Normal Price: $395.00
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