LOT Holabird Western Americana Collections  /  Western Americana - Sale One  / 

1114

The American Salvage Company Stock Certificate and Prospectus

Currency:USD Category:Collectibles / Western Americana Start Price:20.00 USD Estimated At:200.00 - 400.00 USD
The American Salvage Company Stock Certificate and Prospectus
Issued in 1919 to Arnold Barrett for 50 shares at $5 each. Signed by W.D. Sisson as president and secretary (?). Vignette of a recovery ship dropping a diving bell in a salvage operation and also shows pontoons attached. The company controlled the patents to the Sisson Deep Sea Diving Machine, used in the salvage operation of sunken ships. In 1920, Great Britain planned to try and salvage over 1,000 ships sunk during WWI including the Lusitania. The Sisson Deep Diving Machine was designed to work down to a depth of 500 feet. The vessel would allow divers to attach floating pontoons to the sunken vessels to raise them to the surface. Comes with a company prospectus with numerous pictures and descriptions of the undersea vessels and their operation. EF.
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