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Cessna Aircraft Company signed by founder, Clyde V. Cessna  - Kansas 1930 - Click to enlarge  

Cessna Aircraft Company signed by founder, Clyde V. Cessna - Kansas 1930

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PRODUCT DESCRIPTION  
Beautifully engraved certificate from the Cessna Aircraft Company issued in 1930. This historic document was printed by Hamilton Banknote Company and has an ornate border around it. This item has the signatures of the Company's President, Clyde V. Cessna and Secretary, W. Verts and is over 77 years old. The certificate is issued to N. M. Cessna.

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Clyde Vernon Cessna (5 December 1879 - 20 November 1954) was an American aircraft designer, aviatior and founder of the Cessna Aircraft Corporation. Among his most famous inventions are the Cantilever wing and the V shaped tail configuration.

Clyde Vernon Cessna was born in Hawthorne, Iowa on December 5, 1879. At the age of 2, he and his family move to Kingman County, Kansas along the Chicaska River. During his boyhood he used his self taught innovation and mechanical skills to improve farm machinery and to develop new farming methods. He later became a successful car dealer in Enid, Oklahoma before his interest in aviation began.

Clyde's interest in aviation began in 1910 after witnessing an aerial exhibition in his homestate of Kansas. It was this exhibition that led him in future years to pursue his career in aviation. After realising his interest in aviation, Clyde left Oklahoma and moved to New York where he worked for a short period at the Queen Aeroplane Company where he first learned about the construction of aircraft.

In 1911, he set out to build his first airplane, an airplane he named "silverwing". His first design was a monoplane, constructed of spruce and linen and which took the form of an American version of the Bleriot XI. The engine was a modified Elbridge motorboat motor, dubbed the "aero special", which was a 2 stroke, 4 cylinder engine with a maximum of 40 hp and 1,050 rpm.[3] Upon completion, he took his untested aircraft to the Great Salt lake plains near Enid, Oklahoma. His first attempt at flight ended in a ground loop which required $100 to repair. After repairs, Cessna attempted flight 13 more times, each time ending in some sort of failure. Finally on his 13th attempt, Cessna got a glimpse of hope as his aircraft bounced up into the air for a short time before crashing into the trees as he attempted to turn it. After his crash, Cessna exclaimed in frustration, "I'm going to fly this thing, then I'm going to set it afire and never have another thing to do with aeroplanes!". Finally, in June 1911 Cessna had his first successful flight. The crowds that had scoffed at his failures changed their tone and began calling him a "daring hero" and nicknamed him the "Birdman of Enid".[6] Cessna continued to teach himself how to fly over the next several months until December 1911 when he made a successful 5 mile flight and a successful landing at the point of departure.

After the success of the Silverwing, Cessna permanently quit his work with the automobile industry to pursue his interests in aviation. Between 1912 and 1915, Cessna developed several new monoplanes, all powered by a 6 cylinder Anzani Radial with 40-60 hp. During this time, Clyde often flew his aircraft at holiday events and county fairs, an endeavour that at the time proved to be lucrative.

It was in 1916 that Clyde acquired a vacant building to begin building a new aircraft for the 1917 aviation exhibition season. His factory served a dual purpose as he also opened a flight school in which he had five enrolled student pilots. However in April 1917 when the United States declared war, the exhibition flying market ground to a halt. With his primary source of income grounded, Clyde returned to his old home near Rago, Kansas where he resumed his duties on the family farm.

In the years following World War I the enconomy's interest in private flying increased, an increase which eventually lead Cessna in 1925, along with Walter Beech and Lloyd Stearman, to found the Travel Air Manufacturing Company located in Wichita, Kansas. While Cessna was president, the company soon became a one of the leading United States aircraft manufacturers. This success may be attributed to Cessna's advanced design concepts and aircraft that attained international notoriety for establishing several speed and distance records. However, after 2 years at the company, due to disputes with his partners over the monoplane versus the bi-plane design, Cessna left the company with plans to start his own.

On 7 September 1927, the Cessna Aircraft Corporation officially became incorporated. In the later part of 1927, Cessna struggled to design and build an efficient monoplane. The "AW" was completed near the end of 1927, a single wing aircraft with top speeds of up to 145 mph and a maximum cruise time upwards of 7 hours. In the following decade, the company produced many racing and sports aircraft generally known for their tradition of safety, performance and economy.

In the years prior, and leading up to the great depression, the Cessna corporation's success with the new model caused the company to overextend, file for bankruptcy, and eventually close completely in 1931. 3 years later, Cessna reopened his Wichita plant which he eventually sold to his nephews in 1936

After selling the Cessna Aircraft Corporation to his nephews, Cessna returned to a life of farming. Upon his nephews' request, Clyde agreed to participate in the company but served mostly in a ceremonial capacity and stayed out of the company's day to day business. Clyde Vernon Cessna died in 1954, at the age of 74.

History from Wikipedia and OldCompanyResearch.com (old stock certificate research service).

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