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Gatling Gun, Ltd. - 1888 dated Gun Stock Certificate - Only 1 Known!

Inv# GN1025   Stock
Country: England
Years: 1888

The Gatling gun is a rapid-firing multiple-barrel firearm invented in 1861 by Richard Jordan Gatling. It is an early machine gun and a forerunner of the modern electric motor-driven rotary cannon.

The Gatling gun's operation centered on a cyclic multi-barrel design which facilitated cooling and synchronized the firing-reloading sequence. As the handwheel is cranked, the barrels rotate and each barrel sequentially loads a single cartridge from a top-mounted magazine, fires off the shot when it reaches a set position (usually at 4 o'clock), then ejects the spent casing out of the left side at the bottom, after which the barrel is empty and allowed to cool until rotated back to the top position and gravity-fed another new round. This configuration eliminated the need for a single reciprocating bolt design and allowed higher rates of fire to be achieved without the barrels overheating quickly.

One of the best-known early rapid-fire firearms, the Gatling gun saw occasional use by the Union forces during the American Civil War, which was the first time it was employed in combat. It was later used in numerous military conflicts, including the Boshin War, the Anglo-Zulu War and the assault on San Juan Hill during the Spanish–American War. It was also used by the Pennsylvania militia in episodes of the Great Railroad Strike of 1877, specifically in Pittsburgh. Gatling guns were even mounted aboard ships. Read more at https://en.wikipedia.org/wiki/Gatling_gun

Richard Jordan Gatling (September 12, 1818 – February 26, 1903) was an American inventor best known for his invention of the Gatling gun, which is considered to be the first successful machine gun. Read more at https://en.wikipedia.org/wiki/Richard_Jordan_Gatling

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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: $2,940.00