Lot 292 Douglas Aircraft Company, Inc.
DE. 1958. Specimen. < than 100 shs, capital stock, purple. Seated male and female angels flanking globe with 3 bi-planes circling it. The Douglas Company was incorporated in 1921, by Donald Douglas. The first Douglas contract was to build torpedo bombers (DT-1 & DT-2 versions) for the U.S. Navy. By the mid-1960s, McDonnell Aircraft Corp. was the largest employer in Missouri, and in 1967, it expanded its operation by merging with the largest employer in California, the Douglas Aircraft Co., to form McDonnell Douglas. Donald Douglas prepared his son, Donald Jr., for a leading position in the company, and appointed him president in 1958. Presently, McDonnell Douglas Corporation is the largest defense contractor in the United States; the world's largest builder of military aircraft; the third largest commercial aircraft make in the world; and the largest National Aeronautics and Space Administration (NASA) contractor. Facsimile signature of Donald W. Douglas, Jr. ABNC. XF.
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