Lotnumber: 441
AMSTERDAM. Aandeel Fl.1000. black. No 11015. One of the biggest names in Dutch corporate history. In 1824 King Willem I created the Nederlandsche Handel-Maatschappij (NHM) by Royal Decree. It was to support the Dutch industry, and invested for instance in the textile industry of Twente. However, more importantly, it was to revive trade between the Netherlands and the Netherlands East Indies. As such, the NHM is regarded as the successor company of the illustrious Dutch East India Co., the V.O.C. In 1826 NHM opened an office in Batavia (Jakarta), and in 1858 in Singapore. In 1870 NHM extended its activities to include banking (even issuing banknotes in China and Indonesia). The late 1880s brought new branches in Penang and Hong Kong. In 1920 NHM opened branches in Bombay (Mumbai) andCalcutta (Kolkata) primarily to work with clients in the diamond business. In 1926 NHM opened a branch in Jeddah, Saudi Arabia. This was the first, and until 1948 the only, commercial bank in the Kingdom. The branch existed to serve the needs of Indonesian Muslims coming to perform Hajj, the pilgrimage to Mecca. 1949 saw the acquisition of De Surinaamsche Bank. Further branches, in Mombasa, Dar-es-sallem, Beirut, Kampala and the Netherlands followed in the 1950s. The Indonesian business was lost in 1960, when the government nationalised the bank. In 1964, NHM merged with De Twentsche Bank to form the Algemeene Bank Nederland, later part of ABN-AMRO. The share is issued to the Dutch King Willem III. He was born in 1817 and became Prince of Orange in 1840. With the sudden death of his father Willem II in 1849, Willem III became king. He remained King of the Netherlands, and Grand Duke of Luxembourg until his death in 1890. He was succeeded by his daughter Wilhelmine. Transfer notes on theback until 1914. This certificate is probably the most important Dutch share from the 19th century.
Themes: BANK & FINANCE
NETHERLANDS
Date: 1 January 1850
Quality: VF
Startprice: € 3600