New London Ship and Engine Company
New London Ship and Engine Company
- In stock
- Inventory on the way
Product Details
Beautifully engraved antique stock certificate from the New London Ship and Engine Company dating back to the 1920's. This document, which has been signed by the company President and Treasurer, was printed by the American Bank Note Company and measures approximately 11 1/2" (w) by 8 1/4" (h).
The unique vignette on this piece shows an intricate ship engine.
Images
You will receive the exact certificate pictured.
Historical Context
The New London Ship and Engine Company (NELSECO) was established in Groton, Connecticut as a subsidiary of the Electric Boat Company to manufacture diesel engines.
Electric Boat acquired a license to manufacture MAN diesels around 1909. These were initially manufactured by the Fore River Shipyard of Quincy, Massachusetts, where most of Electric Boat's early submarines were built under subcontract. NELSECO was established in Groton to take over diesel manufacturing from Fore River when difficulties were encountered, finishing the work on engines begun by Fore River.
The E- and F-class submarines, launched 1911-12, were initially equipped with these diesels; they were replaced in 1915 as NELSECO's initial efforts were unsatisfactory. The company was incorporated on October 11, 1910, with production starting in July 1911.
The company was probably disestablished around 1925, as the last United States S-class submarine was completed in that year, and no subsequent US submarines were equipped with NELSECO engines. Electric Boat had a drought in submarine contracts 1918-1931, which probably caused NELSECO's demise.
Additional Information
Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. All items offered are collectible in nature only. So, you can frame them, but you can't cash them in!
All of our pieces are original - we do not sell reproductions. If you ever find out that one of our pieces is not authentic, you may return it for a full refund of the purchase price and any associated shipping charges.
FAQ
Are the certificates offered on your site genuine or reproductions?
All of the certificates you see on our site are genuine pieces, we do not sell any reproductions.
Are the certificates you sell negotiable on any of today's stock markets or indexes?
Are the images presented in your product listings of the exact piece I will receive?
How will you ship my order and how much do you charge?
Can I return my purchase?
We guarantee all of our pieces to be authentic. If you ever determine that a piece is not authentic, it may be returned for a full refund of the purchase price as well as any associated shipping charges.
