NAVIGATION MIXTE, CIE. DE

Lot 711: NAVIGATION MIXTE, CIE. DE

Boone Shares - The Scripophily Center

October 29, 2016, 10:00 AM CET
Brussels, Belgium
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Description: 1 January 1859 69 RHONE. LYON. Action. brown, black. #20000. No 8672. Central fold with some tiny holes. Company founded Marseille in 1858, but its predecessor worked with sailing craft equipped with auxiliary engines, hence the name of the company, to offer cargo and passenger services between Marseilles and North Africa. In 1853 operations were extended to South America, but these ceased in 1857 due to lack of trade. A service to the west coast of Africa was inaugurated in 1894 but the company's main sphere of operations was the Mediterranean. In 1969 the Compagnie Générale Transméditerranéenne was formed from the merging of activities in the Mediterranean of the Compagnie Générale Transatlantique and the Compagnie de Navigation Mixte which disappeared as a separate concern. Wide and elaborate border, showing various ships, sailors, mermaids, view of Marseille, coats of arms, flags, weapons, and so much else. Underprint of flowers. Only 2 pieces known to us.
Condition Report: F-VF
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