HUGO VAN DER MOLEN'S
Scripophily site
a collection of historic bonds and shares

Capital Growth Company & Capital Growth Fund
(update June 22nd 2006)

Dr. Hugo H. van der Molen - Wederikweg 114 - 9753 AE Haren, The Netherlands
Tel: +31 (0)50 534 8795; Fax: +31 (0)50 534 0852; email: molen@worldonline.nl


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Capital Growth Company & Capital Growth Fund

Capital Growth Company S.A.,
This investment company may be the successor, or forerunner of Capital Growth Fund, registered  in the Bahamas under New providence Securities Ltd.
I sometimes get questions of persons, finding shares in this company and wanting to know if they still have any economic value. Anyone who knows more about this is requested to inform me, so That I can answer those who wrote to me.

Capital Growth Company, Costa Rica.
Vignette in gold relief, of 3-master sail ship, 3 by 6 cm
The company was incorporated by Hernan Corero Zuniga as Notary Public on May 5th 1971 and recorded under entry 208, page 326, volume 96 of the Mercantile section of the Public Registry of Costa Rica. C... Mc. Alpin, signed as president on the pieces that I have in my collection., all from 1971.

Sofar my search and that of people who wrote to me, were unsuccesful.
I asked a notary public in San Jose (whom I happen to know) to inform me, but received no answer.

1) Mr. Dr. Heinz Hausser bought the shares in 1968 through a Swiss bureau: New providence Securities, Ltd, International sales Office in Zuerich (Switserland). This is strange as the company was established only in 1971, as far as I can see from my pieces.
2) Livio and Mario Montagnana's (Italy) father has 11 certificates
3,4) I received further requests for information from South Africa and from The Netherlands.
5) by june 2006 I have quite a pile of letters from decepted investors or their heirs.

Capital Growth Fund, registred in the Bahama's under New Providence Securities Ltd.
Vignette in gold relief, of 3-master sail ship.3 by 6 cm
The fact that the vignette is similar to that of the Capital Growth Company, Costa Rica, as well as the fact that the first 2 words of the companies are similar, seems to indicate that the "Company" was related to the "Fund".

1) Louis Atwell's grandfather invested 12.000$ in 1964, never to see the money again. The last name of the company's representative was Alphi.
2) Claudia Bianchi (Italy) has certificates from 1968
3) Diane Van Bockstal (Belgium) has a share from 1970

I have no information as to possible economic value of these pieces, but as I can obtain them at ca. 2-4 US $ on the Dutch collector's market, I take it that they are wortheless. I collect them only because of the nice golden vignette, and sell them to collector's of shipping and investment funds.
I find pieces with and without coupons attached.


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