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American Export Lines, Inc - $1,000 Bond dated 1961 - Shipping Bonds

Description: $1,000 Shipping Bond. Unusual photographic vignette of ship. United States Government insured Merchant Marine bond. Quite Scarce! American Export-Isbrandtsen Lines, New York, was the leading US-flag shipping company between the U.S. east coast and the Mediterranean from 1919 to 1977, offering both cargo ship services and passenger ship services, until it declared bankruptcy and was acquired by Farrell Lines, New York. Export Steamship Corporation was organized in 1919 and began operating cargo services to the Mediterranean from New York. The word "American" was added in the 1920s to emphasize its ties to the U.S.. In 1931, they placed in service four cargo-passenger liners, Excalibur, Excambion, Exeter and Exochorda, known as the "Four Aces". The timing of their new service was unfortunately at the beginning of the Depression. The company went through various reorganisations and became the American Export Lines in 1936. During World War II American Export Lines operated transports for the U.S. War Shipping Administration. In 1964, it merged with Isbrandtsen Co. to become the American Export-Isbrandtsen Lines. In 1917, Hans Isbrandsen formed a shipping company name Hans Isbrandsen Inc. in Delaware and The Pan American Terminal & Dock Corporation in New York City. The shipping company underwent changes when Hans Isbrandtsen and his cousin A. P. Mller, the shipping magnate who formed the great Mrsk Line, began a joint venture in 1919 forming the Isbrandtsen-Moller Company (ISMOLCO) in New York. ISMOLCO grew rapidly when in 1928, a long-term agreement was reached with Ford Motor Corporation, shipping auto parts and general cargo for Japan, China and the Philippines Item ordered may not be exact piece shown. All original and authentic.

Price: 25 USD

Location: Portsmouth, New Hampshire

End Time: 2024-11-27T20:41:11.000Z

Shipping Cost: 6.25 USD

Product Images

American Export Lines, Inc - $1,000 Bond dated 1961 - Shipping Bonds

Item Specifics

Return shipping will be paid by: Buyer

All returns accepted: Returns Accepted

Item must be returned within: 30 Days

Refund will be given as: Money Back

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