Frank Smith Diamond Estates, share certificate 1923 South Africa

Description

One bearer certificate  of  the:"Frank Smith Diamond Estates & Exploration Company Limited", single certificate of 5 shares  of  7s6d each.South Africa/ London 1923  Condition (opinion): Very Good+/Fine (VG+/F).one 8mm tear or cut at left margin. See scan
.Size:39,5 cm 23 cm (size without copupons, large).Uncancelled .Two hand signatures. One Dry seal.Contains all 18 coupons. The company Is reported to have 35000 Acres of diamond estates at the time.
See some information from the web below
.
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Old document for collection or historical purposes only.
Banknote Grading
UNC
AU
EF
VF
F
VG
G
Fair
Poor
Uncirculated
About Uncirculated
Extremely Fine
Very Fine
Fine
Very Good
Good
Fair
Poor
Edges
no counting marks
light counting folds OR...
light counting folds
corners are not fully rounded
much handling on edges
rounded edges
Folds
no folds
...OR one light fold through center
max. three light folds or one strong crease
several horizontal and vertical folds
many folds and creases
Paper
color
paper is clean with bright colors
paper may have minimal dirt or some color smudging, but still crisp
paper is not excessively dirty, but may have some softness
paper may be dirty, discolored or stained
very dirty, discolored and with some writing
very dirty, discolorated, with writing and some obscured portions
very dirty, discolored, with writing and obscured portions
Tears
no tears
no tears into the border
minor tears in the border, but out of design
tears into the design
Holes
no holes
no center hole, but staple hole usual
center hole and staple hole
Integrity
no pieces missing
no large pieces missing
piece missing
piece missing or tape holding pieces together
Some information from the web.:
Created from the fusion of the Hartz River Diamond & Estate Syndicate and his subsidiary Frank Smith Diamond Mines. Both could be also branches or subsidiary companies from the Johannesburg Consolidated Investment Company.  Exploitation of 435 claims-over  of 35000 acres.
Liquidation in 1924
Mr H. P. Tuckey (Wellington), formerly captain in tlie Fifth N.Z.M.R., is with tho
Frank Smith Diamond Estates and Exploration Company
, Griqualand West, the offices of which company are in Kimberley.
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.........
Another exciting find for South African Tokens. An unrecorded F.S.D.E & Co Ld (
Frank Smith Diamond Estates & Exploration Co
) 1/- has been unearthed. No previous record of a 1/- has been noted. The only known denomination is a 2/6 of which only 3 are known according to Brian Hern's token book. The token is listed on page 101. F.S.D.E hails from the Cape Province, Barkley West.
The token is Brass, and is uniface.
Now if one has to look back over the past year and a half, there has been quite a number of new or unrecored tokens surfacing.
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FRANK SMITH DIAMOND ESTATES. Presiding at the meeting of the Frank Smith Diamond Estates, Mr. Gustav Imroth ^aid that during the year the work3 a,t the mine had bwn at a standstill, and no new development had taken place. Last year he spoke about a proposed msion of the working arrangements with their neighbours, the Welgelegen Company. The_ negotiation* had lately been Drought to a eoncmsion, and a reiolu-tion would be put before the shareholders^to agr-“ to it. One result of the fusion would be that the_ would be £100,000 of working capital, which the engineers'/sonsidered to be ample to develop^tho mine. Pending' this arrangement they had been husbanding their rcsouices.    . The report was adopted. As regarded the fusnon resolution, there was not a quorum present, end the meeting was adjourned to July 29.
London Standard
Newspaper Archive: July 15, 1909 - Page 3
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