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American Hawaiian Steam Ship Co. - Hawaii Shipping Stock Certificate

Inv# SS1194   Stock
State(s): Hawaii
New Jersey
Years: 1910-1916
Color: Green

Stock printed by American Bank Note Co., New York Litho.

The American-Hawaiian Steamship Company was founded in 1899 to carry cargos of sugar from Hawaii to the United States and manufactured goods back to Hawaii. Brothers-in-law George Dearborn and Lewis Henry Lapham were the key players in the founding of the company. The company began in 1899 with three ships, operated nine by 1904 and was operating seventeen by 1911 with three on order.

At the time of the company's founding, its steamships sailed around South America via the Straits of Magellan to reach the East Coast ports. By 1907, the company began using the Mexican Isthmus of Tehuantepec Route. Shipments on the Tehuantepec Route would transship at Atlantic Port of Coatzacoalcos (formerly Puerto) or the Pacific Port of Salina Cruz and would traverse the Isthmus of Tehuantepec on the 310 kilometres (192.6 mi) Tehuantepec National Railway. The contract, binding until completion of the Panama Canal, with American-Hawaiian for its entire cargo moving between oceans and assuring a minimum of 500,000 tons of sugar and other cargo was important in the railway's economic plans from its beginning. For the steamship line the Tehuantepec route enabled the company to serve both a New York—Honolulu route and a coastal route from Salina Cruz to Pacific ports of the United States. With new ships to be delivered the company planned to have four 8,000 ton ships on the New York—Coatzacoalcos route, six 12,000 ton ships operating on the Salina Cruz—Honolulu route and two 6,000 ton ships serving the West Coast route.

Company ships were used on both the Pacific and Atlantic routes. When American political troubles with Mexico closed that route, American-Hawaiian returned to the Straits of Magellan route.

When the Panama Canal opened for traffic in August 1914, American-Hawaiian began routing all of its ships via this route. The temporary closure of the canal because of a series of landslides forced the company to return to the Straits of Magellan route for the third time in its history.

During World War I, twelve of the company's ships were commissioned into the United States Navy; a further five were sunk by submarines or mines during the conflict.

Roger Dearborn Lapham, a future mayor of San Francisco, California, served as company president in the mid-1920s.

World War II

During World War II, the company operated ships under the War Shipping Administration, some of which were company owned and taken over by WSA as was Nebraskan, and others wartime built and delivered directly to WSA for operation by commercial agents.

  • Benjamin Goodhue
  • SS Chanute Victory
  • SS Logan Victory Apr. 6, 1945 sank by Japanese
  • John Milledge
  • John Drake Sloat
  • Marine Eagle.
  • Alaskan Nov. 28, 1942 torpedoed, 7 crew and one 1 United States Navy Armed Guard killed
  • American June 11, 1942 torpedoed
  • Arkansan June 15, 1942 torpedoed
  • Coloradan Oct. 9, 1942 torpedoed
  • Honolulan July 22, 1942 torpedoed
  • Illinoian July 28, 1944 deliberately sunk to form breakwater, Normandy Beachhead
  • Kentuckian Aug. 12, 1944 deliberately sunk to form breakwater,
  • Normandy Beachhead Montanan June 3, 1943 torpedoed
  • Ohioan May 8, 1942 torpedoed
  • Oklahoman Apr. 8, 1942 torpedoed
  • Oregonian Sept. 13, 1942 torpedoed
  • Pennsylvanian Aug. 4, 1944 deliberately sunk to form breakwater, Normandy Beachhead
  • Puerto Rican March 9, 1943 torpedoed
  • Texan March 11, 1942 torpedoed & shelled
  • Washingtonian April 7, 1942 sunk by submarine Cape
  • San Juan Nov. 11, 1943 torpedoed
  • Albert Gallatin Jan. 2, 1944 torpedoed
  • Harrison Gray Otis Aug. 4, 1943 mined while at anchor
  • William D. Burnham Nov. 23, 1944 torpedoed
  • William M. Marcy Aug. 7, 1944 torpedoed

Post World War II

In the 1950s, the company ceased sailing operations and was taken over by Daniel K. Ludwig, who used it as a holding company into the 1960s. Ventures at that time included the development of Westlake Village, California.

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Condition: Excellent

A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.

Item ordered may not be exact piece shown. All original and authentic.
Price: $160.00