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Capital Airlines, Inc. (Specimen)

Capital Airlines, Inc. (Specimen)
Item# 4286capair


Clifford A. Ball, a McKeesport, Pennsylvania, automobile dealer and owner of a controlling interest in Bettis Field near Pittsburgh, won airmail contract route #11 on March 27, 1926. In April of the following year, The Clifford Ball Airline began operating between Pittsburgh and Cleveland, Ohio. Famed humorist and performer Will Rogers was known to be an early and regular passenger, but scheduled passenger service did not begin until April 28, 1928. The following August, it became the first airline to serve Washington, DC, from the west, offering its flagship "Path of the Eagle" service from Cleveland to Hoover Field across the Potomac River.

Ball sold his interests in November 1930 to Pittsburgh Aviation Industries Corp., and the airline became Pennsylvania Air Lines (PAL). It was reorganized as Pennsylvania Airlines after the Air Mail scandal of the early 1930s. Central Airlines, otherwise notable for hiring Helen Richey, the first female commercial pilot in the U.S., became PAL's main competitor after its founding in 1934. The two companies merged to form Pennsylvania Central Airlines, or PCA, on November 1, 1936.

PCA, based at the new Allegheny County Airport near Pittsburgh, continued to add routes, notably to Chicago in 1938, and aircraft, notably the Douglas DC-3 in 1939. In 1941, PCA moved its headquarters to the new Washington National Airport in Arlington, Virginia, becoming one of its three original tenants; PCA had been consulted during the airport's design. The row of office buildings adjacent its hangars gained the nickname "mahogany row" and the airline adopted the slogan "The Capital Airline," with its aircraft dubbed "Capitaliners." By 1947 its route network no longer reflected its name, and on April 21, 1948, the airline adopted a new insignia, colors and name: Capital Airlines.

In 1946, the airline became the launch customer for the Douglas DC-4. In 1948 it created the "Nighthawk," the first coach class service, designed to compete with the railroads between Chicago and New York City as well as the dominant carriers on the route, United, TWA and American.

In 1948, the first airborne television was installed on a Capital airplane. In 1950 Capital Airlines received its first Lockheed Constellations, enabling it to compete more effectively on longer distance routes. In 1955 it became the first U.S. operator of Vickers Viscounts, the first passenger turboprop. The Viscounts were deployed on the flagship Washington-Chicago route and the airline hoped to use them on expanded service, but they were mostly stymied by the Civil Aeronautics Board. On July 20, 1952, a Capital pilot reported seeing a blue-white ball in the sky. This was one of a series of sightings that month known as the 1952 Washington D.C. UFO incident.

On July 28, 1960, Capital announced a merger with Chicago-based rival United Airlines, saving it from bankruptcy. When completed on June 1, 1961, it was the largest airline merger in history. In 1981, former employees formed the Capital Airlines Association to preserve their memories of the old carrier. A retired United Airlines pilot, Milt Marshall, bought the Capital trademark and operated a charter business under the Capital name out of Waterbury-Oxford Airport in Connecticut.

In a bizarre final chapter to the brand's story, in July 2004 Capt. Marshall was transporting a passenger in a Capital Airways Piper PA-31 Navajo from Waterbury to upstate New York. The plane crashed as it made an approach in clear weather near Lake George. Both pilot and passenger were killed. Their bodies were mangled and burned in the wreckage. An ammunition clip with two missing rounds was found at the crash scene but no gun was ever found. Many people believe that the passenger, a businessman who was facing both bankruptcy and indictment for fraud and who had attempted to buy a large life insurance policy just prior to the flight, killed the pilot and himself causing the crash. The bodies were so mutilated that no official cause of death was determined and the case was closed. This marked the last chapter in the tragedy strewn history of Capital Airlines.

Close Up of Vignette

Certificate: Common Stock, specimen, 1950s

Printer: American Bank Note Company

Dimensions: 7 3/4 (h) x 11 1/2 (w)

State: PA-Pennsylvania

Subject Matter: Aviation and Aerospace | Commercial Airlines | Specimen Pieces

Vignette Topic(s): Allegorical Featured | Allegorical Mercury | Airplane Featured | American Landmarks | Capitol Building Scene | Industrial Scene

Condition: No fold lines, punch hole and stamp cancels in the signature areas and body, very crisp.

All certificates are sold only as collectible pieces, as they are either canceled or obsolete. Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. Unless otherwise indicated, images are representative of the piece(s) you will receive.