NEW YORK. Shares of $10. black, red seal. No 19. Vignettes of shipping, allegorical figures, coat of arms. Founded 1864 to finance the purchase of the 'Intelligent Whale', an experimental hand-cranked submarine being built by Augustus Price and Cornelius Bushnell since 1863. The U.S. Navy bought the submarine from this company in 1869. A number of trials however, were unsuccessful and the Navy refused to commission the vessel in 1872.
Date: 12 July 1871
Startprice: € 100