| REF. NO. | DENOMINATION | DESCRIPTION | NO. ISSUED | CONDITION | VALUE |
|---|---|---|---|---|---|
 |
|||||
| 101 | Ordinary shares | 18[87], blue | #4 | EF | £60-70 |
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| 102 | Preferred shares | ? | ? | – | £- |
International Submerged Tube Syndicate Company Ltd
Registered 1887. Sir Edward Reed formed this company to develop his system of underwater communication by rail or road through his submerged buoyant tunnel. Another early attempt at a cheap method of underwater tunnel that did not seem to come to fruition. Dissolved <1916. Company number 23843
Capital £150,000 in 10,000 ordinary shares of £10 and 5,000 preferred shares of £10
1887