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Lot 117: ANGLO-JAVA ESTATES LTD
29 October 2016
Brussels, BelgiumLive Auction
Description: 14 February 1950 SHANGHAI. Shares of 10 Shillings. black. No 269. Many folds. By 1910 the arabica coffee estates in Java had been ravaged by a virulent leaf disease, and the land of the bankrupt Dutch plantation companies could be bought for almost nothing. At that time, hevea rubber seed had been smuggled out of Brazil and cultivated at Kew, London, and was becoming available for planting in south-east Asia. This company was formed by a British financier and a British planter, in Shanghai but under Hongkong law, to plant rubber in Java. It acquired the Limburgand Djarangan plantations, owned by a Dutch company registered in Surabaya, and used seed originating in Kew to replant with hevea brasiliensis. The estates were very productive (except during Japanese occupation 1942-45) until at least the 1960s. Thecompany itself went in voluntary liquidation in 1946.
Condition Report: VF