Auction: 20128 - Bonds and Share Certificates of the World e-Auction
Lot: 314
Great Britain: Clarence Hatry and Shipbuilding, Eltringhams Limited, 10/- ordinary shares, 19[22], #1213 and £1 preference shares, 19[26], #1025, busy shipyard at top, Willington Quay on Tyne, steamship at left, and Irvine's Ship Building and Dry-Docks Co. Ltd., £1 ordinary shares, 192[0], #4556 and £1 preference shares, 192[2], #3372, yard at Middleton on Tees, all with facsimile signature of Clarence Hatry. Hatry was involved in business immediately following WWI, first with the City Equitable Fire Insurance Co., and then with consolidations in several industries by creating Trusts as holding companies. The above represent his afforts to consolidate shipbuilding on the Tyne. He was in financial difficulty by 1928 and he falsely issued local government debentures to prop up his many ventures. They all finally collapsed in 1929 and the truth became evident. He was sentenced to 14 years imprisonment. On his release he acquired Hatchards Bookshop in Piccadily. Generally VF (4).
Subject to 20% VAT on Buyer’s Premium. For more information please view Terms and Conditions for Buyers.
Estimate
Starting price
£60