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Lot 1564: SUBMARINE BOAT CORPORATION

Auction No.57 of Antique Stocks & Bonds

by Boone Shares - The Scripophily Center

October 29, 2016

Brussels, Belgium

Live Auction
Sold
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Description: 1 July 1925 NEW YORK. 100 Shares. green, black. No 13226. Fine vignette of submarine at sea. Submarine shares are very rarely offered. Uncancelled. Company inc.1915, and built cargo-ships, and operated steamship lines. Formed a subsidiary, The Electric Boat Co., floated as a separate company in 1925; this subsidiary built submarines for the U.S.Navy, at Groton CT. Submarine Boat owned the Newark Bay Shipyard, and the Atlantic Port Ry Co.

Condition Report: EF

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