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Auction: 18021 - Bonds and Share Certificates of the World Online Auction
Lot: 14

New Zealand: Eclipse Petrol Economiser System Co. Ltd., £1 shares, reduced to 5/-, Christchurch 19[16], #221, ornate border, black, capital reduction handwritten. The invention of Ernest Godward for internal combustion engines to burn many types of fuel more efficiently. He added this initially to imported motorcycles and then to Reo cars which he imported from the USA. The US Army used the vaporiser in 1926 and the City of Philadelphia adopted the invention for its 580 buses and 3000 taxis. A scarce local company. VF and rare.

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Sold for
£35