£50 - £60
Great Britain: London & North Eastern Railway Co., small group of 7 5% redeemable debenture stock certificates, 1936-37, black, consecutive numbers 1-5, all cancelled, counterfoils detached, plus 2 unissed. One of four main railway companies in Great Britain, formed by the Railways Act 1921. It was the second largest of the ‘big four’, its network including the Great Eastern, Great Central, Great Northern, Great North of Scotland, Hull and Barnsley, North British and North Eastern companies among many others. Pinholes, GVF (7).
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