Marconi Was Aboard the Titanic - Marconi Wireless Telegraph - circa 1910's Gorge for Sale

Marconi Was Aboard the Titanic - Marconi Wireless Telegraph - circa 1910's Gorge For Sale

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Marconi Was Aboard the Titanic - Marconi Wireless Telegraph - circa 1910's Gorge:
$36.50

Unissued Stock printed by American Bank Note Company, New York. The Marconi Wireless Telegraph Company of America (commonly called American Marconi) was incorporated in 1899. It was established as a subsidiary of the British Marconi Company and held the U.S. and Cuban rights to Guglielmo Marconi's radio (then called "wireless telegraphy") patents. American Marconi initially primarily operated high-powered land and transatlantic shipboard stations. In 1912, it acquired the extensive assets of the bankrupt United Wireless Telegraph Company, becoming the dominant radio communications provider in the United States. During World War One the United States government assumed control of the radio industry. After the war government officials balked at returning the American Marconi stations to the original owners, distrusting British control of radio communication due to national security concerns. Lead by the U.S. Navy, the government pressured the Marconi companies to transfer American Marconi to a U.S. owner. The American Marconi assets were purchased by General Electric in 1919, which provided the foundation for creating its new subsidiary, the Radio Corporation of America. On July 20, 1897, the Wireless Telegraph and Signal Company, Limited, was founded in London to promote the radio inventions of Guglielmo Marconi. (The company's name was changed to Marconi's Wireless Telegraph Company, Limited in March 1900, and was commonly referred to as "British Marconi".) Looking to expand their efforts worldwide, a roster of subsidiary companies was established, holding regional rights to the Marconi patents. The Marconi Wireless Telegraph Company of America was incorporated in New Jersey on November 8, 1899 as the first subsidiary company. It was granted the "sole right to use and exploit the Marconi patents in the United States of America, the Hawaiian Islands, Philippine Islands, Cuba, Porto Rico, Alaska and the Aleutian Islands". Read more at Item ordered may not be exact piece shown. All original and authentic.