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Auction: 21144 - Bonds and Share Certificates of the World e-Auction
Lot: 109

Mozambique: Companhia do Nyassa, a group of 3 specimen certificates printed by Blades, East & Blades, for 1, 5 and 10 shares of £1 each, 189-, ornate heading with coat of arms within flag, attractive borders, mauve, green and brown respectively, text in Portuguese, French and English, with coupons, small hole cancels. Later issues of this comany have been seen in issued form but only the 5 shares denomination. The 1 shares has not been seen in any form other than this specimen. One of the 3 Royal chartered companies formed to manage areas of Mozambique. Its concession was for 35 years. Much of the capital came from Great Britain and France although in 1913/14 a German consortium managed to acquire the majority of the shares which were confiscated by the British Government at the outbreak of War, The company failed to build much infrastructure but profited from the supply of labour to the mines in South Africa. In 1929 the Portuguese Government refused to extend its charter and the company was abolished. EF (3).

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Estimate

Starting price
£50