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Auction: 16018 - Bonds and Share Certificates of the World
Lot: 1215

British Submarine Boat Co. Ltd., £1 shares, 190[3], no.5, signed by Admiral Sir Edmund Fremantle as director, ornate border and scrollwork at left, blue, with related paperwork, good very fine.

Formed to acquire the patents and submarines belonging to French inventor M. Claude Goubet. Goubet failed to interest the French Government in his invention so he sold to this syndicate which promptly tried to intereste the British and other Governments in this small fighting submarine. In the end the company failed as preference was for the larger Holland type vessel.
Admiral Sir Edmund Fremantle (1836-1929), joined the Navy in 1849 and was involved in the Burma Wars and later New Zealand. He was made Senior Naval Officer in Gibraltar in 1881 and then went on to command HMS Dreadnought. Rear-Admiral in 1885, Second-in-Command of the Channel Squadron in 1886 and Commander-in-Chief, East Indies Station in 1888, Vice-Admiral from 1890, Commander-in-Chief, China Station in 1892 and Commander-in-Chief, Plymouth in 1896. He was promoted to Admiral later that year and retired in June 1901, later joing the British Fascists.

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Sold for
£380