BILBAO. 5% Obligacion de 500 pts=F500. Cat. 8220 D. green, black. #4000. No 3547. Slightly damaged right border. Company formed in Bilbao, 1901, to build the line from San Sebastian to the French border. In 1923 became part of the regional grouping of S.E.F.T., Pamplona. Text in Spanish and French, suggesting French capital.
Datum: 28 October 1905
Startpreis: € 50