HOUPEH. LIEGE. 5% Obligation de F500, unissued. Cat. not in KUL. green, orange, black, red. #25000. A Chinese bond that is not in Kuhlmann. Raised in Liège (Belgium) in 1905, to finance the completion of the Peking-Hankow railway. Border and underprint with dragons. Issued pieces of this loan are unknown, so it seems all were repaid, or else perhaps the loan was never in fact issued. It were however the Belgians who, following an agreement between China and Belgium in 1897, constructed the 1350 km line between Peking and Hankow. The line opened in 1905. The principal engineer was Jean Jadot, who had earlier worked for Empain in Egypt, and later built a career for himself in Belgian Congo.
Themes: CITY & STATE BONDS, RAILROADS
Date: 2 October 1905
Startprice: € 500