SIMON LAKE - STOCK CERTIFICATE SIGNED 08/19/1915 - HFSID 252292
SIMON LAKE Simon Lake signs a stock certificate for fifty shares in The Lake Torpedo Company. Partly Printed Stock Certificate signed: "Simon Lake" as Vice President, 1p, 10¾x8¼. Bridgeport, Connecticut, 1915 August 19th.
Sale Price $450.00
Simon Lake signs a stock certificate for fifty shares in The Lake Torpedo Company.
Partly Printed Stock Certificate signed: "Simon Lake" as Vice President, 1p, 10¾x8¼. Bridgeport, Connecticut, 1915 August 19th. In part: "This Certifies that Ernest A. Rughaase is the owner of Fifty Shares of Ten Dollars each of the Capital Stock of The Lake Torpedo Company, fully paid and non-assessable transferable only on the books of the Corporation in person or by attorney, upon surrender of this certificate properly endorsed." Certificate Number 891 is Endorsed on verso: "Ernest A. Rughaase" Simon Lake (1866-1945) built the Argonaut, the first submarine to operate successfully in the open sea. In 1901, the Argonaut was followed by the Protector, a surprisingly modern torpedo boat design that was adopted by the U.S. Navy during WWI. Lake, who supplied over 100 submarines for the war effort, also helped to design a practical periscope and invented submarine apparatus for recovering sunken vessels and their cargoes. Horizontal and vertical folds not affecting signature. Five paper stamps at right edge with ink cancellation stamps. Lightly soiled. Overall, fine condition.
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