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Toliver Aerial Navigation Stock Certificate, 1901 (111782)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:300.00 USD Estimated At:600.00 - 1,200.00 USD
Toliver Aerial Navigation Stock Certificate, 1901  (111782)
SOLD
1,000.00USDto C*****r+ buyer's premium (220.00)
This item SOLD at 2020 Jun 26 @ 11:36UTC-7 : PDT/MST
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The company inc. at Phoenix, Arizona in 1901. Low certificate #20, issued for 40 shares to Mrs. V.J. Williams. Signed by president CH Toliver and asst. secretary Toliver. Green border, black print, and fabulous vignette of flying machine over a town (Phoenix?) with mountains in the background. No printer listed. Folds, light wear. 9 x 12" This San Diego based company built the "Toliver" dirigible airship. According to a 1911 ad in Aero, Volume 2, the airship had: A complete rotary and vibrationless aeronautical engine that weighs only 172 pounds and develops 32 horsepower. Methods of construction that give the ship 200% greater strength and lightness than any airship ever before constructed. Closer application of power to propellers than on any other airship and such control of propellers that they can be made to push or pull in any direction. Arrangement of propellers so that the airship can ascend or descend perpendicularly. Location of all cabins in the gas bag. A process of covering silk with aluminum so that it will hold gas for nine months. A couple of pinholes at top left, otherwise fine. Fabulous certificate. Uncancelled.

Provenance:
Country (if not USA):
State: California
City/County: San Diego
Date: