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Auction: 16017 - Bonds and Share Certificates of the World
Lot: 361

British Motor Syndicate Ltd., £1 shares, fully paid, 189[7], no.744, signed by Thomas Humber as director, black, two headed eagle in scrollwork, toned overall, fine to very fine and a key piece in the early history of the British motor industry.

This was Harry J Lawson's main company for the acquisition of the Daimler patents with which he was to control the motor manufacturing business in the UK. Originally incorporated in 1896 it was reorganised in 1898 as the British Motor Company. The company acquired numerous automobile patents, paying outrageous sums for them, most notably the Pennington patents which proved to be worthless. The company was again reorganised as the British Motor Traction Company in 1901 by racing driver S.F.Edge and Lawson gradually disappeared from the scene. A key piece in British automobile manufacturing.

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Estimate
£200 to £300