SAIGON. Action de F100, unissued. brown, yellow. #14500. Formed Saigon, 1925, by Vincent ippolito. He arrived in Saigon in 1900 and immediately imported the first two cars ever in the CochinChine. They were Peugeots, and he always had the Peugeot (and also Michelin) agency. He first formed a company under hisown name, and in 1925 formed this company. He also opened a branch in Phnom-Penh, and started a thrice-weekly bus service each way between the two cities. His principal activity was sale of cars, but also sold motocyclettes and bicycles. In 1926 the company exchanged each share of 250francs for 5 of 100francs each. Although the company seemed prosperous and healthy, it closed during the crisis of 1931. This share is unissued and unnumbered. Shows a Peugeot car. First time in our auctions.
Date: 4 September 1925
Startprice: € 200