CLEMENT STUDEBAKER SR. - CHECK ENDORSED 03/19/1877 CO-SIGNED BY: JOHN GEIS - HFSID 272390
CLEMENT STUDEBAKER, SR. Check endorsed: "Clem. Studebaker Rec'd", 3¾x8. On verso of check from the Banking House of John Geis & Co., Salina, Kansas, 1877 March 19, payable to Studebaker Bros. Mfg. Co for $200.00, drawn on account at Preston, Kean & Co., Bankers, Chicago, Illinois.
Sale Price $1,020.00
CLEMENT STUDEBAKER, SR. Check endorsed: "Clem. Studebaker Rec'd", 3¾x8. On verso of check from the Banking House of John Geis & Co., Salina, Kansas, 1877 March 19, payable to Studebaker Bros. Mfg. Co for $200.00, drawn on account at Preston, Kean & Co., Bankers, Chicago, Illinois. Check is signed "John Geis". Above Studebaker's endorsement on verso are partly printed instructions to pay W. S. Smith cash on order Studebaker Bros. Manufacturing Company, South Bend, Indiana." Blacksmith CLEMENT STUDEBAKER, SR. (1831-1901) co-founded with his brothers what became the nation's largest manufacturer of horse-drawn vehicles: wagons, buggies and carriages. Having once supplied the California Gold Rush prospectors with wheelbarrows, it prospered during the Civil War supplying the Union army with wagons. By 1870 four Studebakers were running departments of the company, with Clement as its President. Studebaker produced its first automobile, an electric, in 1897. In the first half of the twentieth century, Studebaker was a major player in the US auto industry, generating many styling and engineering innovations, but failed to compete successfully with the Big Three US automakers. The last Studebaker was produced in 1966. JOHN GEIS built a bank in Salina, a town newly prosperous after the arrival of the railroad, in 1871. The Geis family remained prominent in the life of the Kansas town. Normal stamps and cancellation cuts, the latter touching Geis signature. Light, bisecting vertical fold. Otherwise, fine condition.
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