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Auction: 14017 - Bonds and Share Certificates of the World
Lot: 428

Manchester Ship Canal Company, 41/4% mortgage debenture for £1000, 1952, specimen certificate from the Bradbury, Wilkinson & Co. archives, large format with ornate border and arms at top, green, small hole cancels in signature area, small mark to right edge, otherwise extremely fine.

Founded in 1882 by local industrialist Daniel Adamson, the canal opened in 1894, overseen by the renowned civil engineer Thomas Walker and having cost about £15m. The canal peaked in 1958 carrying nearly 20,000 tons of traffic, but declined gradually, and now faces a regeneration by a private company to continue its use.

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Estimate
£60 to £80