Catalogue information

LastDodo number
1596745
Area
Securities and bonds
Title
Massey-Ferguson Limited, Certificate for 100 shares, Capital stock
Issuing company
Face value
Interest rate
Branche
Country of publication
Year of emission
Number produced
Ornamental value
Rarity
Dimensions
20,5 x 30,5 cm
Details

Signatures facsimile. Piece by name. Depreciation by perforation and / or stamping. CUSIP 576216 10 5 The Massey Ferguson tractors that eventually became the largest tractor company in the world arose out of the merger of three agricultural companies over the course of several decades: Massey, Harris, and Ferguson. The combined company would do battle with Ford for many years over dominance of the farm tractors industry, eventually outpacing Ford in terms of sales. This would have been difficult to imagine for people familiar with the company's start in this industry, since the first Massey Ferguson tractors were complete market failures. But despite repeated difficulty, the company persevered and eventually won out against a Ford Motor Company that shifted away from tractors after the 1960's, allowing Massey Ferguson farm tractors to dominate the market. But for a long time, the war between the two companies caused deep divisions in rural areas, and it took the intervention of Harry Ferguson to tip the balance of sales in favor of Massey.

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