| REF. NO. | DENOMINATION | DESCRIPTION | NO. ISSUED | CONDITION | VALUE |
|---|---|---|---|---|---|
 |
|||||
| 101 | £1 shares | 189[7], dark blue | #21,#345 | VF | £60-80 |
New Rapid Cycle Company Ltd
Registered 1897. Originally registered as St.Georges Engineering Co. Ltd., in Birmingham, in 1881, making a good range of bicycles called the Rapid and the Despatch. An improved version was called the New Rapid and by 1893 the company had changed its name to this. Produced a motorcycle in 1902 and went into small production. Insolvent by 1906. Company number 51562
Capital £130,000 in shares of £1.
1897