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Lot 477: CONSTRUCTIONS DE LOCOMOTIVES ET MECANIQUES, SOC. RUSSE DE

Auction No.51 of Antique Stocks & Bonds

by Boone Shares - The Scripophily Center

October 12, 2013

Deinze, Belgium

Live Auction
Past Lot
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Description: ST-PETERSBOURG. Cert. Provisoire 5 Actions de 125 Rbls, specimen. blue, black. Repaired edge-splits and one larger tear (also repaired). Large format, with text in Russian and French. Company founded 1895 with a capital of 3,5 million roubles. It is the oldest certificate of one of Russia's biggest locomotive factories. The founders were the French brothers Stephan and Philippe Bouche who had received an order from the Russian State Railroads to deliver 480 locomotives. These were to be build in Russian by this company. While the management was seated in St. Petersburg, the factory itself was built in Kharkov and became operational in 1897. By 1908, the company employed 2200 people and had a turnover of 4,5 million roubles. Between 1900 and 1917, 15% of all Russian locomotives were built by this company: 2300 locos. Its major competitors were "Kolomna", "Brjansk", "Sormovo", "Putilov" and "Hartmann". The company still exists today as Kharkov Works for Transport Machines V.A. Mayschev. Only piece known to us.

Condition Report: VF

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