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Lot #289
Titanic: Bruce Ismay

Ismay stock certificate for the International Mercantile Marine Company

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Description

Ismay stock certificate for the International Mercantile Marine Company

Chairman and managing director of the White Star Line (1862–1937). He came to rather negative international attention as the highest-ranking White Star official among the survivors, for reportedly deserting the ship while women and children were still on board. DS, signed “J. Bruce Ismay,” one page both sides, 11.5 x 8, stamp-dated December 23, 1902. Stock certificate for 10 shares of the International Mercantile Marine Company issued to Ismay, signed on the reverse by Ismay after selling the stock. Intersecting folds, one through a single letter of signature, several areas of cancellation holes, several ink notations and stamps, and scattered creases, toning, and soiling, otherwise very good condition. In 1902, J. Pierpont Morgan formed the International Mercantile Marine Company with an investment of $120 million. He purchased Red Star Lines and the entire capital stock of the White Star Line, giving him more than half of the total British Atlantic tonnage. The White Star Line, a wholly owned subsidiary of IMMC, was probably the most successful British transatlantic carrier for decades. Pre-certified John Reznikoff/PSA/DNA and RR Auction COA.

Auction Info

  • Auction Title: Rare Manuscript, Document & Autograph
  • Dates: #406 - Ended April 17, 2013





This item is Pre-Certified by PSA/DNA
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