Description:

(EARLY TRANSATLANTIC AIRLINE STOCK PROSPECTUS)
Fascinating business proposal contained within the stock prospectus issued by O'Connor Transatlantic Airways, 8pp. legal folio, New York, 1928. The proposal is built around U.S. Patent 1675988, an eight-engine "push-pull" aircraft patented by founder John P. O'Connor. The proposal also bears an artist's impression of the colossal aircraft on the first page. The company proposes to sell 800,000 shares of stock at $12.50 per share, and lays out its plans within. The founders promise an aircraft capable of flying 3,000 miles with an eight ton capacity, all based on wind tunnel test of a model and a few rather flimsy promises. A great read! Covers detached, else very good.

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February 11, 2015 10:00 AM EST
Elkton, MD, US

Alexander Historical Auctions LLC

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