Auction: 1007 - Bond & Shares of The World
Lot: 237
x Panama, New Zealand & Australian Royal Mail Co. Ltd., £10 shares, partly paid, 186(4), no.548, blue, very fine. Estimate £ 150 Formed by the Royal Mail Steam Packet Co. to provide a new service to New Zealand and Australia via Panama in 1865 and built four ships, S.S.Kaikoura, Rakaia, Ruahine, Mataura and purchased the Prince Albert as a reserve. The company had failed by 1868 and the ships were acquired by the Royal Mail Steam Packet Company to whom they had been mortgaged.
Sold for
£110