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“Russian-Canadian-American Passenger Agency” Stock Company

Акционерное Общество под Наименованеим “Русско-Канадско-Америкапсое

Founded in 1923 in Moscow.
Capital was 20,000 roubles in shares of 50 roubles.

1923

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REF. NO. DENOMINATION DESCRIPTION NO. ISSUED CONDITION VALUE
101 1 share 1st issue, 1924,  green, purple 400 EF

Description

This was one of the Soviet companies, authorised under Lenin’s New Economic Policy, that allowed foreign ownership up to 49%. The founders of the company were, on the Soviet side: the State Mercantile Marine (Russflot) and on the foreign side: the Canadian Pacific Railway Company, the Holland-America Line, and Cunard Steamship Limited.

On 9 May 1923, the All-Russian Central Committee and the Labor and Defense Agency granted the “Russflot” a monopoly on the emigration and immigration business of the U.S.S.R. Subsequently, Russflot founded this joint venture with the three most important capitalist transatlantic and transpacific shipping companies to handle the business.

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