|REF. NO.||DENOMINATION||DESCRIPTION||NO. ISSUED||CONDITION||VALUE|
|101||£1 shares||19, fully paid, green||>50||VF||£50|
Phoebus Exploring Association Limited
Formed by 1906 to acquire Allegemeines Explorations Unternehmen GMBH, with Theodore Matesdorf as Chairman and Max Steinthal as director. Max Steinthal was a director of the Deutsche Bank. Matesdorf was involved in various mining ventures with the Rothschilds but best known as an artist. Died 1909.
Capital £150,000 in shares of £1.