PARIS. Cert. d'Action Nominatives de F1000. green, black. #1000. No 192. Heavy central fold with repaired edge-split. Coupon stamps until 1938 and a first liquidation stamp (probably the same year). The company was formed in Paris, 1904, to acquire from the Banque Russo-Chinoise for 1.000.000 francs its concession to build anarrow-gauge line, called the Shansi Railway, and running across Shansi province from Tatung in the north to Puchow in the south. Shansi had enormous reserves of coal, as well as silver and copper. The line would bring a connection with the Peking-Hankow Railway and thus transport possibilites all the way to Tientsin and Shanghai. Work began immediately and was completed in 1907. The construction costs for the 243km line were 45.000.000 francs. The line became a successful and profitable French enterprise. An extension in 1913, between Tatung and the Szechwan capital of Chengdu, involved also the Cie. Belge de Chemins de Fer en Chine. Issued to Vernes& Cie., an important French bank, still in existence today as Banque Palatine. Extremely rare.
Date: 20 December 1924
Startprice: € 1000