Here is a California Aeronautic Company stock certificate denoting 100 shares in the company that was issued in San Francisco, California in 1876.
Not only is this a fantastic piece of ‘selling hope’, but the artwork was also done by a artist and lithographer Grafton Tyler, who just so happens to have been Black. Being Canadian, and a person of color, I can say that none of my Black friends (including my cousin and uncle) care for the term African-anything.
Anyhow… what is the California Aeronautic Company? It was a concept… it was people getting together looking to raise capital in the hopes they could be the first to design and build a heavier-than-air aircraft.
Unlike many companies that at least attempted to construct an aircraft, I can find no data to support the fact that this company did even that.
Let’s just say that the California Aeronautic Company failed to get off the ground.