CONSTANTINOPLE. 1 Obligation de F500=LT22 4%. blue. #155000. No 50555. Folds, large format. Ismir-KasabaDemiryoluveTemdidi Osmanli Sirketi. In 1891, the Ottoman government wished to acquire the English-owned railroad between Izmir and Kasaba. Hence, this company was formed in 1894 with a capital of 16 million francs. The company paid 36 million francs to the previous English owners, bought the railroad and took over the operation of the 266-kilometer network. In order to finance this, the newly formed company issued bonds in 1894 and 1895. This is one of the latterones. Text in Turkish, French & English.
Date: 1 July 1895
Startprice: € 50