£50 - £60
ª Great Britain: Elder Dempster and Company Ltd., £1 preference shares, 19[13], #3200, signed by Owen Phillips (later Lord Kylsant) as Director, steamship in centre, red. Owen Phillips - Chairman of the Royal Mail Steam Packet Company from 1903. Started a rapid expansion programme acquiring among others White Star Line in 1927, which eventually led to his downfall and the very high profile prosecution in 1931 for issuing false balance sheets. VF.
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