CALCUTTA. Ordinary Shares of Re.1-8-0. black. No 419. Folds with a couple of repaired edge-tears. Formed in Calcutta, about 1925 and active until at least 1939. The company capital amounted to 4,90,621 Rupees, being one third of the capital authorised. Phantastic vignette of the snowy Himalayas right across the share. We believe it shows the Mount Everest and surrounding mountain summits as seen from the Pang-La pass (Tibet, showing the North / Northeast face of the mountain range). This was the starting point for the legendary British climbers George Mallory and Andrew Irvine to climb to the top of Mount Everest in June 1924. They were last spotted about 375m beneath the 8850 meter summit by Noel Odell who described them as "going strong". Debate still continues to rage whether they reached the summit only to die during their return. It was not until 29 May 1953 that Sir Edmund Hillary and Tenzing Norgay made the first generally recognized ascent. Anyway, the epic story of Mallory & Irvine probably inspired this shortly afterwards foundedinsurance company to illustrate their shares with this Himalayas/Mount Everest vignette. The only share we have ever seen showing the "Roof of the World". Probably unique.
Date: 13 December 1926
Startprice: € 1200