Tulsa, OK (Wednesday, May 13, 2015) – Leake Auction Company recently consigned a 1937 Cord Phaeton Model 812 that was discovered in a barn where it sat for 45 years. The Cord has ties to Broken Arrow, OK as it was originally purchased and restored by Glenn Pray in 1953. It will cross the auction block in Tulsa during the Leake Collector Car Show & Auction, June 5, 6 & 7. The auction will be held in the River Spirit Expo on the Tulsa Fairgrounds.
After fully restoring the Cord, it became the Pray family car. It was shown at Auburn Cord Duesenberg car meets across the country. When Pray had the opportunity to purchase the Auburn Cord Duesenberg Company (ACD Co.) in Auburn, Indiana, he sold the Cord to purchase the factory. In 1961 the beloved Cord found a new home with James C. Leake.
In 1962 Mr. Leake sold the Cord. Upon learning that Mr. Leake had sold the Cord, Glenn enlisted the help of Cord historians and club rosters to find the lost Cord in 1968. The Cord had not been registered nor seen at any car shows. It was presumed that it had left the country. Glenn never saw his beloved Cord again.
In 2014 Doug Pray (Glenn’s son) received a call about a 1937 supercharged Cord Phaeton that had been purchased around 1965 from the estate of a deceased gentleman. After thorough research, Doug confirmed that it was in fact his dad’s Cord.
The Cord had been in a barn for 45 years. The barn took its toll on the famous Cord but it was complete down to its cigarette lighter and tires. The “lost Cord” has come full circle and is now being offered for sale by none other than Leake Auction Company. Glenn’s Cord was considered one of the finest Cords in the world in the late 1950’s and the Pray family has decided to part with it once again, hoping a new owner will restore it to its former glory.
“Because of this Cord’s history, I believe it has the potential of becoming one of the finest Super Charged Cord Phaeton in the world,” stated Doug Pray. “The Glenn Pray family will help with the history and any details the new owner may need. This is the car that started the entire second generation car building craze that has swept the country since Glenn built the first modernized version of the Cord in 1964.”
For more information about the Cord or other vehicles consigned to the auction, visit LeakeCar.com or call 918.254.7077. Admission to the auction is $20 for adults, $15 for seniors and military with ID and $7 for children under 12.
Leake Auction Company was established in 1972 as one of the first car auctions in the country. Forty-three years later the auction company has sold over 35,000 cars and currently holds auctions in Tulsa, Oklahoma City and Dallas. Recently they have been featured on several episodes of two reality TV series – Fast N Loud on Discovery and The Car Chasers on CNBC Prime.
For media purposes only, hi-resolution photos are available upon request.