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Archives International Auctions AIAXXVII
139
August 4, 2015
Archives International Auctions
www.archivesinternational.com732
732 Atlantic, Gulf & West Indies Steamship Lines. 1921 specimenBond.
$1000 Marine EquipmentTrust Coupon Bond Specimen.With
supplemental overprint. EF+ ������������������������������������������������ Est.
$90-180
733
733 Grace Line Inc., 1958 Specimen Bond.$1000, 4.20% Specimen
Coupon Bond, “U.S. Government Insured “Merchant Marine” Bond,
SS Santa Paula Series, Blue with steamship and sailing ship on top
flanking map, VF, ABNC.��������������������������������������������������������� Est.
$40-80
734
734 International Mercantile Marine 1902 Historic Organization Spec- imen Bond - J.P. Morgan Creation.Specimen Bond. $1000. 4 1/2
% Mortgage and Collateral Trust Gold Coupon Bond. Brown bor-
der with steamship with 4 smoke stacks. ABNC. VF-XF Condition.
The IMM was originally the International Navigation Co.. IMM was
formed as a shipping trust company by J.P. Morgan on October 1,
1902 as an attempt to monopolize the shipping trades.The company
is noteworthy for having owned the RMSTitanic. J.P. Morgan & Co.
announced the details of the organization of the IMM on October
1, 1902. In fact the IMM was not a new company, but a reorganiza-
tion and renaming of the INC. The capital stock was increased from
$15 million to $60 million preferred and $60 million common stock
and an issue of $50 million in 4 1/2 percent bonds was authorized. In
his usual domineering manner he assumed control and the IMM is
usually described as one of Morgan’s creations. Extremely Rare and
historic. ������������������������������������������������������������������������������ Est.
$325-650
Scripophily - Navigation & Ship-
ping
Hawaii
735
735 American Hawaiian Steamship Co. ca. 1890-1900 Specimen StockCertificate.
Hawaii. ca.1890’s-1910, 100 Shares, Steamship on top.
Red specimen overprint and POC’s. XF condition. ABNC�����Est.
$120-240