2505

North American Wireless Corporation Stock Certificate Pair [126411]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Industrial Start Price:35.00 USD Estimated At:70.00 - 200.00 USD
North American Wireless Corporation Stock Certificate Pair [126411]
SOLD
35.00USDto 8*************e+ buyer's premium (8.75)
This item SOLD at 2021 Nov 19 @ 14:21UTC-8 : PST/AKDT
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Lot of 2 different. Inc. in Maine. No. 331, issued in 1910 for 66 shares to Anna Gabner. Not cancelled. No.4632, issued for 675 shares to FH Steel in 1910. Not cancelled. Both brown borders and seals, black print, and allegorical vignettes. Heavy folds, some toning. The company was incorporated in Maine, with offices in New York City. The company operated Commercial Radio (wireless) telephone, sparkless (overland) wireless telegraph and all forms of wireless transmission. The company was capitalized with $10 Million and planned to amalgamate nearly a dozen wireless companies including DeForest Radio Telephone Company, Universal Wireless Co, Atlantic Radio Co, Pacific Radio Co, and others. The company held over 80 patents (Salt Lake City Herald Republican, 1910). "More men are now in prison or under indictment for selling stock in wireless telephone and telegraph companies than any other line of business.", according to Munsey's Magazine, 1912. This included Lee De Forest, who was involved in this enterprise with his company one of the participants.

Date: 1910
Country (if not USA):
State: New York
City: New York City
Provenance: Ken Prag Collection