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Submarine Monitor Co. 1885 I/U Stock Certificate

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:75.00 USD Estimated At:120.00 - 200.00 USD
Submarine Monitor Co. 1885 I/U Stock Certificate
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The auction will take place on January 18, 2022 at AIA's office located at 1060 Main St., Suite #202, River Edge, NJ 07661 beginning at 11:00 AM
New York, 1885. 100 Shares I/U Capital Stock Certificate #29, Black text with green border and underprint, Eagle on rock at left in circular frame. Fine condition. The company designed and manufactured a submarine boat designed for use in placing torpedoes under the bottoms of war vessels. It is the design of her owners, The Submarine Monitor Company, to construct a larger vessel, to be provided with many additional improvements. Yet the little Peacemaker has obtained such success that, if the new craft does any better, it will be a subject of congratulation for those interested. The Peacemaker is thirty feet long, seven and a half feet wide, and six feet deep. Signed by M. Rosewell Schuyler as president. ABNC.