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Auction: 14017 - Bonds and Share Certificates of the World
Lot: 477

Elder Dempster and Co. Ltd., £1 preference shares, 19[12], no.2241, signed by Owen Phillips (later Lord Kylsant) as director, steamship in centre, green, together with another similar piece but dated 19[22], no.4880, red, and Lamport and Holt Ltd., £1 preference shares, 19[22], no.6417, steamship in centre, black and pink, very fine, the first rare. (3)

Owen Phillips, later Lord Kylsant. Also Chairman of Royal Mail Steam Packet Company from 1903. Started rapid expansion programme, acquiring among others White Star Line in 1927, which eventually led to his downfall and the very high profile prosecution in 1931 for issuing false balance sheets.

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Sold for
£60