Previous Lot Next Lot

Auction: 20119 - Stocks and Bonds of the United States of America e-Auction
Lot: 294

Popp Compressed Air and Electric Power Company, New York, $100 shares, 188[8], #35, signed by Elisha Dyer III as President, Albert Strauss as Treasurer. Issued to J & W Seligman & Co. The company was formed to exploit the patents of Victor Popp, a French national who had developed a system of compressed air power to run machinery and turbines for generating electricity. Elisha Dyer III, 1862 - 1917, broker and socialite, son of Rhode Island Governor Elisha Dyer II. Albert Strauss, 1864 - 1929, worked at Seligmans investment bank, becoming a partner in 1901. Held many other position before becoming Vice Governor of the Federal reserve in 1918. EF.

Subject to 20% VAT on Buyer’s Premium. For more information please view Terms and Conditions for Buyers.

Estimate

Starting price
$40