REF. NO. | DENOMINATION | DESCRIPTION | NO.ISSUED | CONDITION | VALUE |
---|---|---|---|---|---|
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101 | class A shares | [1930], brown and black | #5249 | VF | $70-90 |
102 | class B shares | – | – | – | $- |

Crescent Aircraft Corporation
Incorporated in 1928 to manufacture aircraft in a converted cotton mill in Jersey City together with Chamberlain Aeronautics Inc. They made a handful of 8-passenger monoplanes and set several short flight records in the US in 1930. In receivership in September 1930. Chamberlain bought the company from the receiver. Chamberlain, 1893-1976, was a noted trans-Atlantic flier and considered one of the best in the world.
Capital in 200,000 Class A shares and 100,000 Class B shares.
1928