Auction 64 Jewish and Israeli History and Culture
By Kedem
Jan 22, 2019
8 Ramban St, Jerusalem., Israel
The auction has ended

LOT 395:

Five Share Warrant Certificates – The Marine Trust Ltd. – Tel-Aviv Port – Tel-Aviv, 1936

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Sold for: $2,000
Start price:
$ 1,000
Buyer's Premium: 23%
VAT: 18% On commission only
Auction took place on Jan 22, 2019 at Kedem
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Five Share Warrant Certificates – The Marine Trust Ltd. – Tel-Aviv Port – Tel-Aviv, 1936
Five different share warrant certificates issued by The Marine Trust Ltd. company, in the amount of 21 shares. Tel-Aviv: "Eretz Israel", 1936. Hebrew and English.
In April 1936, when the Arab Revolt broke out, the Jaffa Port went on strike and there was an increasing need for establishing a new port. The Marine Trust company was founded to finance the construction of a new port – the Port of Tel-Aviv. Half of the shares were offered to the public, and the public bought shares with a sense of participation in the Zionist enterprise.
1. Share warrant – the bearer is entitled to one fully paid up ordinary share of 1 Palestine Pound.
2. Share Warrant – the bearer is entitled to two fully paid up ordinary shares of 1 Palestine Pound each.
3. Share Warrant – the bearer is entitled to three fully paid up ordinary shares of 1 Palestine Pound each.
4. Share Warrant – the bearer is entitled to five fully paid up ordinary shares of 1 Palestine Pound each.
5. Share Warrant the bearer is entitled to ten fully paid up ordinary shares of 1 Palestine Pound each.
All the Share Certificates are with dividend coupons.
50.5X22 cm. Good overall condition. Some tears at margins. Tear reinforced with adhesive tape to one certificate. Stains. Minor creases.
Provenance: Morton Leventhal Collection, New York.

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