Auction: 21144 - Bonds and Share Certificates of the World e-Auction
Lot: 154
France: Marseilles Extension Railway and Land Co. Ltd., £20 shares, 186[6], #12501-12600, ornate border, coats of arms of Great Britain and France (Second Empire) with that of Marseilles in the centre, mauve. Formed in England in 1865 to buid a 9 mile line from the Old Port to Podestat and to acquire land either side of its route for building. The company borrowed funds from the Credit Foncier and Mobilier in 1865 and 1866 to speculate on their own shares. The general collapse of financial companies in 1866 started by Overend Gurney saw the liquidation of the CF & M and also this company which failed to build anythng! Folds, AVF.
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Estimate
Starting price
£40