Auction: 16017 - Bonds and Share Certificates of the World
Lot: 284
Ionian Bank Ltd., a book of share certificates, numbers 1611-1860, dated 18[91] or 18[92], all stamped CANCELLED and reglued to their original stubs, Ionian lion with Union Jack in centre, ornate border, blue, printed by Waterlow & Sons, together with other documentation relating to the bank comprising Deed of Settlement, Rules and Bye-Laws, both apparently ex-Chairman; Code Telegraphique, 22nd edition, undated but contemporary with the other documents and 3 leases/agreements for tenancy of Basildon House, Moorgate, London, an interesting lot, the certificates in varied condition but many very fine, not seen before by the cataloguer. (approx. 250)
The Ionian bank was founded in 1839 at a time when the Islands were under British Protection to facilitate trade with Great Britain. in 1864 the Islands were ceded to Greece and the Bank then extended it's operation to include Greece, Cyprus and Turkey. Greek assets sold to the Commercial bank of Greece in the 1950's and its Egyptian assets were sequestrated by the State when all other companies were nationalised. Ceased trading in 1978 but carried on some business as Ionian Securites Ltd.
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Sold for
£400