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Lot 731: APPONTEMENTS DE PAUILLAC (2 types)

Auction No.57 of Antique Stocks & Bonds

by Boone Shares - The Scripophily Center

October 29, 2016

Brussels, Belgium

Live Auction
Past Lot
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Description: 1891, 1893 33 GIRONDE. PARIS. 1. 3% Obligation de F500, 1893, yellow & black. 2. Action de F500, 1891, blue & black. Both pieces have the same fine design by the famous CATENACCHI, with a typical very complex border of shipping scenes, flags, classical figures, etc. Pauillac is a port near Bordeaux. Company formed to build quays and warehouses at Pauillac, near Bordeaux, and a railway linking the port to the Chemin de Fer du Médoc. The concession allowed for the State to buy the property after 10 years from completion of the work; this was done in 1914, for an annuity of F310.000, payable until 1964. The company built a dock 375 metres long, served by 3250 m. of railway line. The port was quickly put to good use; 198 ships tied up there during 1901. At the same time, to encourage passenger traffic, special trains were run direct to and from Paris. Among the merchandise handled was ore from Spain, destined for the blast-furnaces of Pauillac, and posts to support the roof of English coal-mines. In addition, from 1917 to1920, the port was used to move U.S. troops in and out of France. Sadly, all the port installations were destroyed during WW2.

Condition Report: EF

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