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Auction: 21143 - Bonds and Share Certificates of the World e-Auction
Lot: 191

Great Britain: British Motor Syndicate Ltd., £1 shares, fully paid, 189(7), #451, signed by Thomas Humber as director, black, two headed eagle in scrollwork. 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 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. Thomas Humber. Founded the Humber Cycle Company in 1868. By 1899 produced the first Humber motor car. His company was taken over by Rootes in the 1930's but the name carried on well into the 1960's. A key piece in British automobile manufacturing. GVF and rare.

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Sold for
£130

Starting price
£120