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White Star Line

White Star Stock Certificate

Item Number: 32250 Sold

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Product Description

Want to own some shares in your favorite ocean-liner corporation?  Here is your chance.  The White Star Line became a British owned firm again when IMM sold the company to Royal Mail Line in 1927.  In order to finance the purchase from IMM, Royal Mail sold shares in a new company called White Star Line Limited and used the proceeds to buy most of White Star (although they never finished paying it off in the depression).  Interestingly, these shares were issued in 1932, and I have never seen that date before.  This about the same time the British Government took over the line to prevent complete liquidation.  These, I suspect, are shares issued to someone who had lost their original certificate, thus making a rare stock certificate even rarer.  Grab it!