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Walter Kidde & Co., Inc 1969 >100 Shrs Specimen Stock Cert., VF ABN Dark Green

Walter Kidde & Co., Inc 1969 >100 Shrs Specimen Stock Cert., VF ABN Dark Green

$ 22.11

Availability: 100 in stock
  • Return shipping will be paid by: Buyer
  • All returns accepted: Returns Accepted
  • Restocking Fee: No
  • Item must be returned within: 14 Days
  • Refund will be given as: Money back or replacement (buyer's choice)

    Description

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    Description
    Walter Kidde & Co., Inc 1969 >100 Shrs Specimen Stock Cert., VF ABN Dark Green. Walter Kidde & Company started out as a construction company, but slowly grew into a fire suppression company. In 1918 Walter Kidde & Company purchased the rights to the "Rich" system for on board fire detection and suppression. The problem with this system was steam was used to put out fire, which then caused considerable damage to the cargo on the ship. Kidde came up with the solution to use carbon dioxide instead of steam. This new design had one drawback, the carbon dioxide was not being released fast enough. In order to solve this problem, he bought the rights to a patent for a siphoning device. With this system Walter Kidde & Company released the first portable carbon dioxide fire extinguisher and the first built in industrial system. In 1926 Walter Kidde & Company helped the US Navy design a system to prevent engines on airplanes from catching fire. In the 1930s and the 1940s the Walter Kidde & Company experienced great growth reaching markets in Asia, Europe, Africa, and South America. World War II helped Walter Kidde & Company reach unprecedented sales. In 1938 Walter Kidde & Company had sales of million, and by 1943 the company was producing over million worth or war equipment. This massive increase in sales had Kidde wondering if he was fit to run such a large company. Walter Kidde & Company was hit with a huge backlog and was always behind schedule. This was because Walter Kidde & Company had to adapt their products that were meant for peacetime to those to be used during wartime. After Walter Kidde's death in 1943 the company was passed down to his son John Kidde.
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    Shipping: .50 Insured in the U.S. only
    Price will be reduced based on value and size of item (s)
    Overseas: .50 Registered Mail
    (We will combine purchases)
    About Us
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