PARIS. Titre Prov. de 1 Obligation Lib. de F90. black on yellow paper. No 1287. Folds with a large tear at the bottom right. The canal, still in use today, links the gulfs of Corinth and Patras, saving small ships the 200-mile sail around the Peloponnesus. This company was formed in France in 1881 to build a modern canal. Costs were much higher than expected, on account of the very hard rock and the need to protect against earthquakes, common in the area. The French company went into liquidation before the work was complete, and the concession was handed over to a new Greek company for completion. The Canal opened to the public in 1893. The Canal is about 7km long, 20m wide and 8m deep. Extremely rare type, a temporary certificate for the 1888 bond issue.
Date: 1 April 1888
Startprice: € 30