MADRID. Accion de 500 Pts. brown, black, grey. #40000. No 14515. Trimmed borders. Fine, stylish design of a god with beautiful horses in a waterfall. Arms of Spain and red seal. Company formed in 1907, and supplied hydro-electric power to much of eastern Spain, from dams in Albacete, Cuenca and Valencia provinces.
Date: 31 December 1909
Startprice: € 20