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International Navigation Co., 1895 Specimen Bond, Predecessor Company to International Mercantile Ma

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:180.00 USD Estimated At:250.00 - 375.00 USD
International Navigation Co., 1895 Specimen Bond, Predecessor Company to International Mercantile Ma
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New Jersey. $1,000 Specimen 6% General Mortgage Coupon Bond, Black print on brown border and under tint, Image of large Cruise Liner at top, POC's at bottom, VF-XF condition, FBNC. INC was formed in 1871 with the backing of the Pennsylvania Railroad to operate foreign flagged vessels on transatlantic routes to Philadelphia. J.P. Morgan & Co. announced the details of the trust's organization on October 1, 1902. Named the International Mercantile Marine Company, a reorganization and renaming of the International Navigation Company.