Archives International Auctions Auction 97 October 9, 2024

Archives International Auctions - Sale 97 93 October 9, 2024 Archives International Auctions www.archivesinternational.com 415 415 NewYork Telephone Co., 1909, Specimen Gold Coupon Bond Pair New York, 1909. Lot of 2 Specimen Bonds, Includes: $500, 4 1/2% First and General Mortgage Gold Sinking Fund Coupon Bond with Orange border and $1000 First and General Mortgage Gold Sinking Fund Coupon Bond with Green border, Both have image of 2 men speaking to each other by phone at top, Specimen overprints and POC’s, VF to XF condition, ABNC. (2). Sold “AS IS” no returns accepted. ����������� Est. $350-500 Scripophily - Computers, Internet, Telecom & Technology 416 416 NewYork Telephone Co., 1909, Specimen Gold Coupon Bond New York, 1909. $1000 Specimen 4 1/2% First and General Mortgage Sinking Fund Gold Coupon Bond, Black print on green border and under tint, men making phone calls at top, Specimen overprints and POC’s, VF-XF condition, ABNC. ���������������������������� Est. $300-500 Scripophily - Construction & Building 417 417 Barchris Construction Corp., 1961, Lot of I/U Bonds from Important Legal Case. New York, 1961. Lot of 10 $1000 I/U 5 1/2% Convertible Subordinated Debenture Coupon Bonds, Black print with blue border and Bald Eagle at top, VF to XF condition, S-CBNC. Barchris Construction Corp. was involved in the business of constructing bowling alleys. The company filed a registration statement with the SEC for the issuance of convertible subordinated debentures. The registration statement was later found to contain material misstatements and omissions regarding the company’s financial condition and business prospects. Barchris was then sued by investors and the court found that the defendants, including directors, officers, auditors, and underwriters, failed to exercise due diligence in ensuring the accuracy of the registration statement. Consequently, they were held liable for the misstatements and omissions. The case underscored the importance of accuracy and thoroughness in public securities offerings and set a precedent for the standards of due diligence required from corporate insiders and related parties. (10). Sold “AS IS” no returns accepted......... ��������������������������������������������������������������������������������������������������������������������������������� Est. $120-200 Scripophily - Consumer Goods & Products Louisiana 418 418 New Orleans Cotton Exchange, 1920 Specimen Bond New Orleans, Louisiana. $1,000 Specimen 6% 1st Mortgage Serial Gold Coupon Bond, Black print on green border and under tint, Cotton flower at top, Specimen overprints and POC’s, VF- XF condition, ABNC. ���������������������������������������������������������������������������������������������� Est. $230-350