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Lot 458: WEST FLANDERS RAILWAY CO.

Auction No.57 of Antique Stocks & Bonds

by Boone Shares - The Scripophily Center

October 29, 2016

Brussels, Belgium

Live Auction
Sold
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Description: 4 June 1845 LONDON. 10 Shares Nom. of F500=£20. black on green paper. No 14081-90. Coat-of-arms of the company, surrounded by an amusing little train. Text in English and French. In 1845 the attention of a group of English financiers was caught by the ease of buildings railways on the flat land of West Flanders. The poverty and lack of mobility of the peasant population were a disadvantage, but there was clearly a demand for coal and industrial products from Hainaut. Lines were planned from Kortrijk, Ieper and Poperinge to Brugge, with routes from Tielt to Diksmuide and Deinze. Themain line (Brugge-Kortrijk) was opened in 1847, and the other lines by 1855. Most shares were held by the English financiers. Signed as directors by W.Goodenough Hayter, J.P.Fearon and W.P.Richards, who had various railway interests in England. See also lot 465.

Condition Report: VF-EF

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