1910 Kentucky Wagon Manufacturing Stock Certificate. Attractive early wagon maker that evolved into an auto manufacturer. Neat vignette of "Old Hickory" model wagon on this scarce scripophily document. Organized in 1879 in Louisville, Kentucky Wagon became the largest wagon manufacturer in North America in the dawn of the auto age. Understanding that their market would shrink over time, Kentucky Wagon contracted to build auto bodies for Hercules Motor Car Co, and when that company failed, purchased its machinery, which formed the core of a new subsidiary producing the Dixie Flyer automobile. At its peak production in 1921, about 1500 Dieie Flyers were manufactured. The company did not survive the post World War I depression. Certificate is in VF+ condition.