RARE The Bank of Bermuda Stock Certificate 1910
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USD 195.00 |
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USD 195.00 |
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| Start Time |
Wednesday, August 27, 2008 |
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Friday, August 29, 2008 |
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Miami Florida |
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Description
RARE The Bank of Bermuda Stock Certificate 1910 Click to View Image Album Click to View Image Album In 1889, Bermudian merchants founded a second bank to compete with N.T. Butterfield & Son.. The Bank of Bermuda took over the branch that the Merchants' Bank of Halifax, Nova Scotia had established in 1886 to take over the agency it had awarded to N. T. Butterfield & Son Ltd. The merchants formally incorporated the Bank of Bermuda in 1890.Here you are bidding on an original vintage The Bank of Bermuda stock certificate that is circa 1910. This specimen stock certificate measures 11.5 x 7.5 inches and is in Mint condition. This old stock has a gorgeous vignette of the Bermuda Islands. This piece will make a superb addition to any Bermuda Island , The Bank of Bermuda stock certificate , share, shares certificate, banking, bank, antique finantial stock certificates, scripophily . bond , bonds, history of bermuda islands, bermuda memorabilia, antique, document, ephemera. Bermuda (officially, The Bermuda Islands or The Somers Isles) is a British overseas territory in the North Atlantic Ocean. Located off the east coast of the United States, it is situated around 1770 km (1,100 mi) northeast of Miami, Florida, and 1350 km (840 mi) south of Halifax, Nova Scotia, Canada. The nearest landmass is Cape Hatteras, North Carolina, about 1030 km (640 mi) west-northwest. It is the oldest and most populous remaining British overseas territory, settled by England a century before the Acts of Union created the United Kingdom. Although commonly referred to in the singular, the territory consists of approximately 138 islands, with a total area of 53.3 km² (20.6 sq. mi.). Compiling a list of these islands is often complicated, as many have more than one name (as does the entire archipelago, which, in addition to its two official names, has historically been known as "La Garza", "Virgineola", and the "Isle of Devils"). Despite the limited land mass, there has also been a tendency for place names to be repeated; there are, for instance, two islands named "Long Island", three bays known as "Long Bay", and "St. George's Town" is located on "St. George's Island" within "St. George's Parish" (each known as St. George's), whereas Bermuda's capital, the "City of Hamilton", lies in Pembroke Parish, not in "Hamilton Parish", on the largest island, "Main Island", which itself is sometimes called "Bermuda". Bermuda has a highly affluent economy, with a large financial sector and tourism industry giving it the world's highest GDP per capita in 2005. It has a subtropical climate, beaches with pink sand, and cerulean blue ocean. Bermuda was discovered by Europeans in the early 1500s, probably in 1503, according to some sources. It was certainly known by 1511, when Peter Martyr d'Anghiera published his Legatio Babylonica, which mentioned Bermuda, and the island was also included on Spanish charts of this year. The discovery is attributed to a Spanish explorer, Juan de Bermúdez. Both Spanish and Portuguese ships used the islands as a replenishment spot for fresh meat and water, but legends of spirits and devils, now thought to have stemmed only from the callings of raucous birds (most likely the Bermuda Petrel, or Cahow), and of perpetual, storm-wracked conditions (most early visitors arrived under such conditions), kept them from attempting any permanent settlement on the Isle of Devils. Bermúdez and Gonzalo Fernández de Oviedo ventured to Bermuda in 1514 or 1515 with the intention to drop off a breeding stock of hogs on the island as a future stock of fresh meat for passing ships. However, the inclement weather prevented them from landing. Some years later, a Portuguese ship on the way home from San Domingo wedged itself between two rocks on the reef. The crew tried to salvage as much as they could and spent the next four months building a new hull from Bermuda cedar to return to their initial departure point. One of these stranded sailors is most likely the person who carved the initials "R" and "P", "1543" into Spanish Rock. The initials probably stood for "Rex Portugaline" and later were incorrectly attributed to the Spanish, leading to the misnaming of this rocky outcrop of Bermuda. For the next century, the island is believed to have been visited frequently but not permanently settled. The first two British colonies in Virginia had failed, and a more determined effort was initiated by King James I of England (and VI of Scotland), who granted a Royal Charter to The Virginia Company. In 1609, a flotilla of ships left England under the Company's Admiral, Sir George Somers, to relieve the colony of Jamestown, settled two years before. Somers had previous experience sailing with both Sir Francis Drake and Sir Walter Raleigh. The flotilla was broken up by a storm, and the flagship, the Sea Venture, was wrecked off Bermuda (as depicted on the territory's Coat of Arms), leaving the survivors in possession of a new territory. (William Shakespeare's play The Tempest is thought to have been inspired by William Strachey's account of this shipwreck.) The island was claimed for the English Crown, and the charter of the Virginia Company was extended to include it. In 1615, the colony was passed to a new company, the Somers Isles Company (The Somers Isles remains an official name for the colony), formed by the same shareholders. The close ties with Virginia were commemorated even after Bermuda's separation by reference to the archipelago in many Virginian place names, such as Bermuda City, and Bermuda Hundred. The first British coins in America were struck here. John Smith wrote one of the first Histories of Bermuda (in concert with Virginia and New England).Most of the survivors of the Sea Venture had carried on to Jamestown in 1610 aboard two Bermuda-built ships. Among these was John Rolfe, who left a wife and child buried in Bermuda, but in Jamestown would marry Pocahontas, a daughter of Powhatan. Rolfe was also single-handedly responsible for beginning Virginia's tobacco industry (the economic basis of the colony had been intended to be lumber). Intentional settlement of Bermuda began with the arrival of the Plough, in 1612. With its limited land area, Bermuda has had difficulty since then with its population growth. In the first two centuries of settlement, it relied on steady emigration to keep the population manageable. Before the American Revolution, more than ten thousand Bermudians emigrated, primarily to the American South, where Great Britain was displacing Spain as the dominant European imperial power. A steady trickle of outward migration continued as, by the end of the 18th century, with seafaring being the only real industry, at least a third of the island's manpower was at sea at any one time. This limited land area and resources led to the creation of what may have been the earliest conservation laws of the New World, when in 1616 and 1620 Acts were passed banning the hunting of certain birds and young tortoises[1] In 1649, the English Civil War raged and King Charles I was beheaded in Whitehall, London. The execution resulted in the outbreak of a Bermudian Civil War; it was ended by embodied militias. This created a strong sense of devotion to the crown for the majority of colonists and it forced those who would not swear allegiance, such as Puritans and Independents, into exile in the Bahamas.[2] In the 17th century, the Somers Isles Company suppressed shipbuilding as it needed Bermudians to farm if it were to generate income from the land. Agricultural production met with only limited success, however. The Bermuda cedar boxes used to ship tobacco to England were reportedly worth more than their contents.The colony of Virginia far surpassed Bermuda in both quality and quantity of tobacco produced. After the dissolution of the Somers Isle Company, Bermudians rapidly abandoned agriculture for shipbuilding, replanting farmland with the native juniper (Juniperus bermudiana, also called Bermuda cedar) trees that grew thickly over the whole island. Establishing effective control over the Turks Islands, Bermudians deforested their landscape to begin the salt trade that would become the world's largest, and remained the cornerstone of Bermuda's economy for the next century. Bermudian sailors would turn their hands to far more trades than supplying salt, however. Whaling, privateering, and the merchant trade were all pursued vigorously. Vessels would sail the normal shipping routes, but had to engage an enemy vessel no matter the size or strength, and as a result many ships were destroyed. The Bermuda sloop became highly regarded for its speed and manoeuvrability. In fact it was the Bermuda sloop HMS Pickle, one of the fastest vessels in the Royal Navy, that brought the news of the victory at Trafalgar and the death of Admiral Nelson back to England. .After the American Revolution, the Royal Navy began improving the harbours and built the large dockyard on Ireland Island, in the west of the chain, as its principal naval base guarding the western Atlantic Ocean shipping lanes. During the American War of 1812, the British attacks on Washington D.C. and the Chesapeake, that would result in the writing of "The Star-Spangled Banner", were planned and launched from Bermuda, the Royal Navy's 'North American Station'. It was here that the British soldiers assembled before being sent to attack Baltimore and Washington. In 1816, Bermuda's Royal Naval Dockyard was fortified against possible US attacks by James Arnold. Arnold was the son of famed US traitor Benedict Arnold.[3] Today, the "Maritime Museum" occupies on the Keep of the Royal Naval Dockyard, including the Commissioner's House, and exhibits artifacts of the base's military history. As a result of Bermuda's proximity to the southeastern U.S. coast, it was regularly used by Confederate States blockade runners during the American Civil War to evade Union naval vessels and bring desperately needed war goods to the South from England. The old Globe Hotel in St. George's, which was a centre of intrigue for Confederate agents, is preserved as a museum open to the public. In the early 20th century, as modern transport and communication systems developed, Bermuda became a popular destination for wealthy American, Canadian and British tourists. In addition, the Smoot-Hawley Tariff Act enacted by the United States against its trading partners in 1930 cut off Bermuda's once-thriving agricultural export trade (primarily fresh vegetables to the US) spurring the overseas territory to develop its tourist industry, which is second behind international business in terms of economic importance to the island. In 1949, Henry Vassey, then Chairman of the Bermuda Trade Development Board, urged the House of Assembly of Bermuda to pursue a political union with Canada. Four Methodist Church congregations in Bermuda are part of The United Church of Canada, forming Bermuda Presbytery of the United Church's Maritime Conference headquartered in Sackville, New Brunswick, Canada. The authenticity of this item is 100 % guaranteed.Please bid with confidence. 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