EMBDEN. Action de 200 florins. black. No 467. A few small edge-tears at the top (far outside the printed part of the share). The company was formed in Emden on 21.1.1753, with a concession for 20 years to trade with the East Indies and Bengal. However, to protect the rival Emden und Asiatischecompany, the concession excluded the right to import tea, drugs and porcelain. Also, for a fixed period of time, the Prussian people were forbidden to invest in the new company, to avoid capital being withdrawn from the rival. The trading activities ofthe company were so restricted that it never achieved the expected commercial success, but spent years in disputes and legal actions over financial claims. It was founded by an Englishman named Harris, who raised more than half the capital in Flanders.The first sailing was in 1754. Five years later, a second sailing was undertaken, and this share is one of those issued to finance it. The ship was the Roy de Prusse, captain Pieter Londt, sailing for Bengal. It was the last sailing by the company. Tenyears later the company was in liquidation, the investors having lost 3/4 of their investment. Nominally a German company, there was only one German director. The three others, which signed this share, are J.Depestre (a Brussels banker), Henssens (fromAntwerp) and C.Carpentier (a merchant from Gent). Very fine large seal. This is one of the oldest German share certificates that has ever been seen.
Thema's: BEFORE 1800
BELGIUM, FRANCE, GERMANY, GREAT BRITAIN
Datum: 15 December 1759
Startprijs: € 6000