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Auction: 17016 - Bonds and Share Certificates of the World
Lot: 551

Schultze Gunpowder Company Ltd., £3 6s 8d ordinary shares, [1905], #604, hand and lightening bolt at top, orange and black, printed by Waterlow Bros & Layton. Registered to take over existing business with large factory in the New Forest. It became the largest local employer and supplied 75% of the worlds sporting gunpowder. Captain Schultze, a Prussian artillery captain, has been credited with being the first to make smokeless gunpowder. F-VF.

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Sold for
£120