Titanic Group of 5 International Mercantile Marine Stock Certificates - Co. that for Sale

Titanic Group of 5 International Mercantile Marine Stock Certificates - Co. that For Sale

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Titanic Group of 5 International Mercantile Marine Stock Certificates - Co. that:
$224.00

Famous "Titanic" Stock. Graphics by American Bank Note Company., NY. Collection of 5 various denominations and colors with no hole cancellations in the vignette. Very Rare! Great Collection of 5. The International Mercantile Marine Company, originally the International Navigation Company, was a trust formed in the early twentieth century as an attempt by J.P. Morgan to monopolize the shipping trade. IMM was founded by shipping magnates Clement Griscom of the American Line and Red Star Line, Bernard N. Baker of the Atlantic Transport Line, J. Bruce Ismay of the White Star Line, and John Ellerman of the Leyland Line. The Dominion Line was also amalgamated. The project was bankrolled by J.P. Morgan & Co., led by financier J. P. Morgan. The company also had working profit-sharing relationships with the German Hamburg-Amerika and the North German Lloyd lines. The trust caused great concern in the British shipping industry and led directly to the British government's subsidy of the Cunard Line's new ships RMS Lusitania and RMS Mauretania in an effort to compete. IMM was a holding company that controlled subsidiary corporations that had their own subsidiaries. Morgan hoped to dominate transatlantic shipping through interlocki Item ordered may not be exact piece shown. All original and authentic.