Kolster Radio Corporation Stock Certificate

Description

Kolster Radio Corporation Stock Certificate
This piece is an Ebay exclusive. We are only offering this piece here!
The price of this piece has been reduced again!!!
Original Price:
.99
First Reduction:
.97
Current Price:
.97
(you now save 40%!!)
The Kolster Radio Corporation was an electronics manufacturer and distributor based in Newark, New Jersey, which went bankrupt in January 1930. It bore the name of its chief research engineer, Frederick A. Kolster. In June 1928, the Columbia Phonograph Company announced plans to market a radio receiving set built by Kolster Radio. The product was sold in the United States, Europe, and Japan.
Three receivers were appointed on January 21, 1930, to handle the failure of the company, which was located at 200 Mount Prospect Avenue in Newark. The business possessed considerably more assets than liabilities. However, because of overproduction, it suffered an inability to raise cash to fulfill its immediate obligations.
Under a plan approved by receivers, the Kolster plant in Newark reopened after March 1930. The production facility fulfilled the completion of 15,000 partly built radio sets. These were sold to Kolster distributors for 0,000.
Frequently Asked Questions:
Is the certificate in this listing, the exact piece I will receive?
For this listing - no, t
he images are representative. We do this when multiple quantities are being offfered. You will receive a certificate in similar condition; however dating, denomination, certificate number and issuance details may vary.
Is this document authentic or a reproduction?
All pieces we offer are originals - we do not sell reproductions. If you ever find one of our pieces not to be authentic, it may be returned at any time.
Can this certificate be cashed in?
All of our certificates are sold only as collectible pieces, as they are either canceled or obsolete. Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied.
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