Lot 854: MONTGOLFIER, BECHETOILLE, DURET & CIE. - MANUFACTURE DE PAPIERS A TEILLY
October 29, 2016
Brussels, BelgiumLive Auction
Description: 5 January 1828 42 LOIRE. TEILLY. Action nominative de F5000. black on yellow paper. No 91. Folds. The business was founded in Lyon in 1827 as a reorganisation of the Montgolfier family paper-manufacture in the St. Etienne region. That business was originally founded in 1541. One of the two Montgolfier brothers, famous inventors of the first successful balloon, continued to run the paper business after his father's death, and his descendants in turn continued the business. The share has a very fine large engraving of the paper-mill in the mountains of the Massif Central. The nominal value of 5000 francs is unusually high. Signed by a member of the Montgolfier family. A great classic of French scripophily.
Condition Report: EF