£60 - £80
Great Britain: Alldays & Onions Pneumatic Engineering Co. Ltd., 4½% Mortgage debenture for £100, #313, 1898, large format piece with arms at top, ornate border, green and brown with green underprint, with coupons. This old Birmingham engineering company manufactured cycles and motorcycles and produced their first automobile, a small quadricycle, in 1898, followed by 7hp 4 seater model in 1900. Many more models were produced until the company merged in 1918 with Enfield which they had owned for some years. VF and scarce.
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