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Submarine Monitor Co. of N.Y. 1885 Stock Certificate, Historic Early Military Submarine Manufacturer

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:130.00 USD Estimated At:180.00 - 280.00 USD
Submarine Monitor Co. of N.Y. 1885 Stock Certificate, Historic Early Military Submarine Manufacturer
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The auction will take place on December 14th, 2017 at AIA's office located at 1580 Lemoine Ave., Suite #7, Fort Lee, NJ 07024 beginning at 10:30 AM.
New York. 100 Shrs, I/U Stock Certificate. Black on green border and underprint, eagle at left with title at right, S/N 142, Choice Very Fine. 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. Rare early naval warfare company. ABNC.