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Auction: 22143 - Bonds and Share Certificates of the World - e-Auction
Lot: 77

China/India: Oriental Bank Corporation, £25 share, 18[51], #9982, Royal arms at top, scrollwork at left, black, embossed seal, printed by Perkins, Bacon & Petch. Chartered in 1851 mainly to allow competition with the East India Company but later opened branches in the Chinese treaty ports, Hong Kong, Japan, Mauritius and South Africa. Survived the banking crisis of 1865/6 and prospered until 1885 when it ran into severe difficulties and had to be re-constituted as the New Oriental Bank Corporation. The Bank lost its profitable note issuing privilege and with the growth of other banks, such as the Hong Kong & Shanghai and the Chartered, the new organisation never really prospered and it closed its doors in 1892. GVF.

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Sold for
£120

Starting price
£50