LIEGE. ENSIVAL. Cert. d'Inscription Nominative d'Actions Priv.black. No 23. Folds and some small edge-splits. Founded 1906 as the Papeteries Duesberg-Swagemakers. Became this share-based company in 1912. The paper manufacturer was based in Eupen (Hochstrasse 87) alongside the river Vesdre. Became part of the SA Papeteries de Ruysscher in 1920, as evidenced by this certificate which transfers 40 shares to this company.
Date: 31 May 1920
Startprice: € 30