Result list 9 November 2019

The results of our November 9 sale is now online. Unsold items can be obtained in our aftersale until December 8 (first come, first served). .

Lotnumber: 355
HAINAUT. COUILLET. Certificat d'Obligations Nominatives F500. black on pink paper. #1200. No 1026-1200. Central fold with repaired edge-splits. Solvay probably is today's biggest Belgian industrial company. It has factories in 50 countries around the world, 30.000 employees, an annual turnover of roughly 8 billion euro and a multi-billion market capitalisation. The chemical giant was founded in 1863 in Couillet (between Brussels and Charleroi) by the brothers Ernest and Alfred Solvay. It took them some 10 years to put into (efficient) production the 1861 invention of Ernest to manufacture artificial soda in a much more economical way than had been possible before. Soda is an essential product in everyday's productions such as plastics, glass, paper,... Once up and running (1873), Solvay quickly expanded : in 1874 they decided to build a second factory. They chose for Dombasle (near Nancy) in France. To finance the construction, they issued 2 bond series (1874 and 1875), each of 600.000 BEF. The bond certificate we offer here is of the second issue. It represents the final 175 bonds (numbers 1026-1200) of the issue and is issued to Guillaume Nélis. Nélis (1803-1896) wad a paper manufacturer at Virginal-Samme and became the cornerstone of the supervisory board of Solvay. In the early days, he represented one of the Solvay’s' few connections with the upper middle class in business and politics. Most importantly, the bond is hand-signed by Alfred Solvay (as Gérant).
Province: HAINAUT
SOLVAY, Alfred
Date: 31 October 1875
Quality: VF
Startprice: € 300