PARIS. 5% Obligation de F500. brown, green, black. No 19718. Very large format, with heavy folds and a little staining. Text in French. The Oriental Co. was founded in 1908 as a national enterprise to build a colonial development policy towards the Korean Empire and other countries in East Asia. By the late 1920s the company had bought one third of all arable land in the Korean Peninsula, forcing tenants to pay over 50% of their production for rent. After Korea was liberated by the Allies in WWII, all company property was confiscated. Yet, the company still exists today in the South Korean cities Busan and Mokpo. This bond, part of a 50 million French Francs loan, had not been seen by us before.
Date: 15 March 1913
Startprice: € 600