£40 - £50
ª South Africa: Cape Explosives Works, First Mortgage Debenture Stock certificate, London 192[37], #1570, signed by Jack Barnato Joel as Director, black and blue, cancelled. Formed in 1899, an initiative of Cecil Rhodes with the objective to provide "cheap dynamite for the development of South African mines". It was also referred to as the De Beers Dynamite Co. Isaac 'Jack' Barnato Joel, 1862-1940, nephew of Barney Barnato, mining magnate and racehorse breeder. GVF.
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