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Singer Co. - Specimen Stock Certificate - Specimen Stocks & Bonds For Sale


Singer Co. - Specimen Stock Certificate - Specimen Stocks & Bonds
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Singer Co. - Specimen Stock Certificate - Specimen Stocks & Bonds:
$90.00

Specimen Stock. Printed by American Bank Note Company. Singer Corporation is an American manufacturer of consumer sewing machines, first established as I. M. Singer & Co. in 1851 by Isaac M. Singer with New York lawyer Edward C. Clark. Best known for its sewing machines, it was renamed Singer Manufacturing Company in 1865, then the Singer Company in 1963. It is based in La Vergne, Tennessee, near Nashville. Its first large factory for mass production was built in 1863 in Elizabeth, New Jersey. The initial patent, Patent No. 8294 of August 12, 1851, introduced one of the best machines on the market \" and one of the most remarkable men that have figured in the development of the sewing machine. Isaac Merritt Singer, strolling player, theater manager, inventor, and millionaire, designed a new machine with additional capabilities that gave a powerful impulse to the youthful industry. Singer\'s improvements met the demand of the tailoring and leather industries for a heavier and more powerful machine. Singer consolidated enough patents in the field to enable him to engage in mass production, and by 1860 his company was the largest manufacturer of sewing machines in the world. In 1885 Singer produced its first \"vibrating shuttle\" sewing machine, an improvement over contemporary transverse shuttle designs (see bobbin drivers). The Singer company began to market its machines internationally in 1855 and won first prize at the Paris world\'s fair that year. The company demonstrated the first workable electric sewing machine at the Philadelphia electric exhibition in 1889 and began mass-producing domestic electric machines in 1910. Singer was also a marketing innovator, and a pioneer in promoting the use of installment payment plans. By 1876, Singer was claiming cumulative sales of two million sewing machines and had put the two millionth machine on display in Philadelphia. In 1867, the Singer Company decided that the demand for their sewing machines in the United Kingdom was sufficiently high to open a local factory in Item ordered may not be exact piece shown. All original and authentic.
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