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Auction: 9027 - Bonds & Shares of the World
Lot: 181

Lake Superior Corporation (NJ), First Mortgage and Collateral Trust 40-Year 5% Gold Bond, 1904, $1000, vignette of stylised steelworker with winged cherub, ornate border, orange and black, with coupons, about very fine. A successor to Francis Clergue´s Consolidated Lake Superior Corporation which had got into financial difficulties in 1903. The company was a giant steel concern centred around Sault Ste. Marie, Ontario, with subsidiaries on both sides of the border. Estimate £ 50

Sold for
£40