£50 - £60
Great Britain: Howe Machine Company S.A., 100 franc share, 1889, Brussels, #6757, attractive border with company founder Elias Howe at top, sewing machine and cycle either side and company factory in Glasgow at bottom, green and brown, without coupons. Originally produced sewing machines, and went on to produce cycles in the 1880’s. This Belgian Company acquired the Glasgow factory from the bankrupt Howe Machine Company Limited which had been formed in 1873. This however was itself put into liquidation in 1890 and the New Howe Machine Company was formed. EF.
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