COMPAGNIA TRANSATLANTICA DI NAVIGA. IL VAPORE - 1 AZIONE GENOVA 1855
1855 - COMPAGNIA TRANSATLANTICA DI NAVIGAZIONE...
COMPAGNIA TRANSATLANTICA DI NAVIGA. IL VAPORE - 1 AZIONE GENOVA 1855
1855 - COMPAGNIA TRANSATLANTICA DI NAVIGAZIONE A VAPORE - 1 AZIONE GENOVA

1855 - COMPAGNIA TRANSATLANTICA DI NAVIGAZIONE A VAPORE - 1 AZIONE GENOVA

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1855 - COMPAGNIA TRANSATLANTICA DI NAVIGAZIONE A VAPORE - 1 AZIONE GENOVA 

LA STORICA COMPAGNIA DI NAVIGAZIONE FONDATA IL 1 OTTOBRE 1852

Compagnia Transatlantica di Navigazione a Vapore con Sovvenzione esclusiva del Governo Sardo Azione al portatore di fondazione da 1.000 Lire. 
Genova 1855.
E' stata costituita con un capitale di 10.000.000 di Lire. Venne promossa dalle istituzioni d'epoca  ed ebbe un grande riscontro  dagli azionisti. Ci forno molte manovre speculative sul titolo. Nel 1856 la società fece un aumento di capitale con un apporto di 8.000.000 di Lire da parte della Banca Draper Pietroni. Dopo varie problematiche e progetti iniziali diversi da quelli poi messi in opera, la Transatlantica fu posta in liquidazione. 

Description

Ii Cap. Giovanni Pittaluga, well known in the Ligurian commercial world, was the promoter of the "Transatlantic Company for Steam Navigation". He was helped in his business by bankers, shipowners and industrialists of the Kingdom of Sardinia.

At the beginning the Company had the favors of the Count of Cavour and always those of Mr. Raffaele Rubattino, despite the troubles that the latter continuously created. The new company certainly became, if not the first, the most serious attempt made by Italian states before the United States to have its own transatlantic lines served by large and fast steamers. The ‘‘ Transatiantica ’’ was founded in Genoa i! October 1, 1852. An agreement with the Sardinian Government yielded an annual grant of 22,000 Lira for each Italy / New York trip and return and 30,000 Lira for each Italy / Brazil trip and return.

Furthermore, as was generally in use at that time, the Company operated its own steamer in the Brazilian ports for the transfer of passengers and goods to the ports of the Rio de la Plata. Finally, the Company had undertaken to build seven paddle steamers, three of which with wooden hulls, and to open the lines in the same year as the agreement was signed. During negotiations with the British shipyards to implement the shipbuilding program, the share capital of Lire 8 million paid against the nominal capital of Lire 10 million appeared insufficient to cover the cost of the construction. Therefore the management of the Company was forced to look for a bank guarantee which was offered in November 1852 by the Bank Draper, Pietroni & Co. of London. In return, as compensation for his help, the bank asked to take possession of the majority of the Company's shares.

This financial transaction, due to political and even economic events, such as the Crimean War and others, results in an embarrassing situation and financial troubles that seriously affected the Company during its short life and caused its premature end.

For these reasons i! construction program was reduced to four ships in all, all in iron; the line planned for New York was due to be abandoned and other conditions of the agreement were revised.

When in February 1855 the first two steamers VITTORIO EMANUELE and CONTE CAVOUR were delivered, their normal arrangements were for 48 passengers of 1st class, 36 of 156 of 3rd and 300 tons. of load. In case of war they could carry 2,000 soldiers. Therefore they were immediately hired by the French Government for the Crimean War as ‘‘ Military Transport ’. As a result, the Sardinian state was forced to postpone the maiden voyage of the Brazilian line to the end of 1856.

In fact, the inauguration of the line was carried out by the steamship GENOVA which left Genoa for South America on 20 October 1856. Like the twin TORINO, the GENOVA had accommodations for 48 passengers of 1 ", 48 of 2" ¢ 174 of 3 " In addition, it was able to carry 450 tons of cargo and was delivered by the British builders in the previous September: on October 13, it carried out a small cruise along the Ligurian coasts with the authorities and many guests, but before the GENOA could leave for its journey Inauguration, on October 11, another Italian steamer, SARDEGNA, one of the best in Mr. Rubattino's fleet, had left Genoa - with a five-month lease contract signed by the Transatlantic - en route to Rio de Janeiro, where it was supposed to wait for the arrival of GENOA in order to transship passengers and cargo to the ports of the Rio de la Plata. On November 20 the TORINO, in turn, left Genoa, since the CONTE CAVOUR had been rented, pa rtire the P.fo ITALIA, purchased by the Transatlantica from Mr. Rubattino to replace the SARDEGNA already registered. Subsequently, following each other at regular intervals, the four steamers carried out their service correctly and successfully. Everything went well until August 20, 1857 when VITTORIO EMANUELE made the last trip from Genoa on this route.

The internal disagreements in the Society became increasingly strong; shortly after the departure of VITTORIO EMANUELE it was forced to cease all activity and finally to dissolve. The four ships that had been paid all together Lire 8 million were sold at the auction on May 12 for a million and a half lire. The Pfo ITALY purchased by Mr. Rubattino was resold. The other four ships were taken over by Credito Mobillare and leased to the Spanish government. Three were used as military transports in the war that Spain led against Morocco and the fourth, TURIN, used as a hospital ship. During this rental period, the GENOVA leap into the air in Malaga due to the burning of the ammunition load.

In August 1860, chartered to the Dictatorial Sicilian Government as military transport, the TURIN was discovered by the Neapolitan warships AQUILA and FULMINANTE while s he was trudging troops at Melito di Porto Salvo, cannonaded and rendered useless. In 1860 the Italian Government purchased VITTORIO EMANUELE and CONTE CAVOUR which were incorporated into the Regia Marina as a transport.

CONTE CAVOUR, after remaining in disarmament in La Spezia for many years, was finally dismantled and demolished on 17 May 1894.

VITTORIO EMANUELE, renamed VOLTURNO in January 1861, never went to New York as a merchant ship but reached that port as a military ship carrying large numbers of passengers: he left Genoa on 24 April 1864 for Gibraltar, Madera, Fayal, arriving in New York June 1, when the Civil War was still raging. In New York it will disembark its passengers who formed! 'Crew for the KING OF PORTUGAL under construction in New York for the Italian Navy. IL VOLTURNO left New York directly to its homeland on September 3, 1864, reached Gibraltar on the 26th, and then met a furious storm in the Gulf of Lion that almost caused it to sink, but still managed to enter Genoa despite the damage.

Fate did not last long and the wait to overpower it at Capo Linaro. It was to recover the material abandoned after the removal of the MESSINA Sauce. I February 2, 1871 it touched on the objects of the recovery, among the other of the anchors that penetrated neilo scafo. The water quickly penetrated and the VOLTURNO was forced to run aground in order not to sink into deeper waters. On February 11, a violent storm broke out that caused the loss of it just when attempts to free it seemed to succeed.

 

Product Details

Place of issue
Genova
Year of issue
1855
Nation of issue
Italia
Rarity Index
R7
Quotation Index
S5
Dimension
27x23
scripofilia

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