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Auction: CSS92B - Chinese Banknotes and Coins
Lot: 1002

China Mail Steamship Company, Ltd., share receipt and agreement for 20 units, dated 23rd May 1916, certificate number 349, capital of $2,100,000 divided into 100,000 shares. The company's first steamship CHINA at centre, flag with the company's logo at the bottom impressed with the company's stamp, green guilloché borders, hand-signed. China Mail Steamship Company was set up by a group of American-Chinese businessmen in San Francisco to fill in the void when Pacific Mail Steamship Co. decided in 1915 to withdraw its ships from the Oriental service. Despite the great popularity with the travelling public - the Chinese in particular - with ships no longer needed for military use after the first World War, the Pacific routes which the company operated in faced more competition and new capital was needed. Efforts to raise capital in Hong Kong and China were in vain, and mounting debts ultimately caused China Mail to go bankrupt in 1923. Very Fine, some minor holes and some expected folds and creases on such large documents


1916年中國郵船有限公司21元股票二十股，面值420元，編號349，其資本總額為二百一十萬元。1915年，太平洋郵船公司停辦美國至亞洲的路線，有見及此，美籍華僑商人於美國三藩市成立中國郵船有限公司以填補市場需求。該航線特別受華僑歡迎，但一戰後船隻已經無需被徵用於軍事上，大批船隻可以投入民航服務導致競爭加劇而需要新一輪的資金注入。該公司於香港及中國籌集資金失敗之後經營困難，最後於1923年破產結業。VF品相，有小孔，底紙整體有黃，不過彩色部分依然光鮮奪目

Estimate

Starting price
HK$3000