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Lot 1107: C.D.F. DE DAMAS-HAMAH ET PROLONGEMENTS, SOC. OTTOMANE DU

Auction No.57 of Antique Stocks & Bonds

by Boone Shares - The Scripophily Center

29 October 2016

Brussels, Belgium

Live Auction
Past Lot
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Description: 1 February 1923 PARIS. 5% Obligation "Funding" de F100. brown, yellow. No 28408. Central fold. Sam-Hama ve Temdidi Demiryolu Osmanli Sirketi. The original company was founded in 1893 to build the line inland from Beirut to the Syrian capital Damascus, and beyond, finally linking to the Bagdad Railway at Birecik. The line Beirut-Damascus-Hamah was built by 1895. However, revenues were less than expected and the company went into liquidation, being replaced by a new Turkish company. Rare bond type, issued as part of the liquidation process.

Condition Report: VF-EF

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