| REF. NO. | DENOMINATION | DESCRIPTION | NO. ISSUED | CONDITION | VALUE |
|---|---|---|---|---|---|
 |
|||||
| 101 | Ordinary shares | 190[3], green | #475 | VF | £40-50 |
| Image needed | |||||
| 102 | Preference shares | ? | ? | – | £- |
Automatic Telephone Company (1903) Ltd
Registered 1903. Max Margowski (who also signs as a director) was an American who came to the UK to organise this company using the Apostoloff patents. From the outset there was a battle between Margowski and company shareholders with accusations of fraud and misconduct. This led to the reorganisation of the company in 1903 to this and its liquidation a year later and then to bankruptcy court for Max Margowski. Company number 76025
Capital £100,000 in 752,060 shares of 2/6d and 47,940 Preference shares of 2/6d.
1903