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Dated May 1912 Marconi Wireless Telegraph Co. of America - Dated Same Year of the Sinking of the Titanic - This Company was on the Titanic - Radio and Telegraph Stock Certificate

Inv# RD1007   Stock
State(s): New Jersey
Years: 1912
Color: Orange-Red and Black

Stock printed by American Bank Note Co. “1912-Year of Titanic sinking.” Very Rare type! The Marconi Wireless Telegraph Company of America (commonly called American Marconi) was incorporated in 1899. It was established as a subsidiary of the British Marconi Company and held the U.S. and Cuban rights to Guglielmo Marconi's radio (then called "wireless telegraphy") patents. American Marconi initially primarily operated high-powered land and transatlantic shipboard stations. In 1912, it acquired the extensive assets of the bankrupt United Wireless Telegraph Company, becoming the dominant radio communications provider in the United States.

In the opinion of the Marconi companies, they were the only legitimate radio communication providers, as they asserted that all their competitors provided inferior offerings that infringed on the Marconi patents. Following standard Marconi policy, prior to 1912 American Marconi would not sell equipment, instead leasing it, while supplying operators who were loyal company employees. The most controversial early company policy was the standing order that, except in the case of emergencies, Marconi shore and ship stations would refuse to communicate with vessels employing radio equipment manufactured by other companies. An example of this was when RMS Carpathia refused to provide information to SS Birma offering help after the sinking of the Titanic because Birma did not use a Marconi wireless. This unwillingness to communicate with other systems would eventually be prohibited by international treaties, beginning with the Preliminary Conference on Wireless Telegraphy held in Berlin in 1903. Read more at https://en.wikipedia.org/wiki/Marconi_Wireless_Telegraph_Company_of_America

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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: $100.00