Trans World Airlines, Inc Stock 1961-78 [176562]
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Description
Lot od 2. Incorp. State of Delaware 1934. 1. #82077, I/C, $1000 6 1/2& debenture bond 1978 to Reynolds & Co Inc. June 8, 1963. signed pres. and sec. Green border, Medallion green underprint, vignette top center allegorical female sitting on earth, imprinted corp. seal. De La Rue BNC printerPunched cancel holes, otherwise cert. is EF cond.2. #A174836, I/C, 4 shares common stock @ $5 ea. to Goodbody & Co. Mar 11, 1965. Signed pres. Charles C Tillinghurst and sect Ranard Duckworth. green border, vignette top center eagle persched on rock, "COMMON" green underprint, E.A. Wright BNC printer. Pinched hole cancelled, otherwise cond EF. TWA operated from 1930-2001. Acquired by Howard Hughes in 1939 expanding the airpline after WWII. Under Hughes the airline suffered poor image and after Anti-Trust suit Hughes sold out in 1966. President Charles Tillinghurst tried to save the airline through contracts with NASA and purchase of Hilton Hotels. The airline, despite small successes, continued to spiral down after the Hughes sell off by poor management, airline deregulation, aircraft accident killing 230 passengers and three bankruptcies finally closing 2001 despite having regained a good reputation with business travelers. Delaware Ken Prag Collection
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Trans World Airlines, Inc Stock 1961-78 [176562]
Estimate $100 - $200
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