£10 - £25
U.S.A.: American Dredging Company, $100 shares, 187[4], #544, paddle steamer in centre with 2 further vignettes of dredges, black, cancelled and reglued to counterfoil. Incorporated 9th April 1867 in Philadelphia to operate and supply dredges. Operated independently until 1993 when acquired by Weeks Marine. VF. NO RESERVE
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