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Lane Automatous Airship Company Stock Certificate (102583)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:100.00 USD Estimated At:200.00 - 400.00 USD
Lane Automatous Airship Company Stock Certificate  (102583)
SOLD
110.00USD+ (27.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2019 May 18 @ 09:49UTC-7 : PDT/MST
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Inc. in Arizona. No. 256, issued for 25 shares to H.S. Haskell on Jan. 27th, 1910. Signed by president L.H. Lane and secretary L.M. Marons. Not cancelled. Black border and print, gold seal, vignette of planes with the flying invention. Folds, some staining. 8.25 x 11" An advertisement for the company in Aeronautics magazine, 1909, claims: "A new lifting power discovered for heavier than air machines. A novel mechanical device which continually draws the air from above, compresses same, and explodes it in an upward direction under cup shaped receptacles so arranged that the downward concussion also has a lifting power. While demonstrating with this device, LH Lane lifted 169 pounds by hand and foot power." Office at 609 Pacific Building, San Francisco. Ken Prag Collection

Date: 1910
City/County: San Francisco
State: California