Lot 754: CANAL NAVIGABLE DE LUNEL, SOC. DU

Boone Shares - The Scripophily Center

October 29, 2016
Brussels, Belgium

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Description: 15 June 1922 34 HERAULT. PARIS. Action de F100. blue, green. #3500. No 2802. Formed Montpellier, 1911. The first Canal de Lunel (from the town of Lunel towards the Etang d'or) dates from 1249, when King Louis IX granted a salt monopoly to the town. The canal was expanded later, and reached its present width and length in 1728, allowing a serious small port to develop. The end of the gabelle salt tax and the arrival of the railway made it unviable. In 1937 it was declared no longer navigable. We believe this company built and operated the large metal Baltard hangars (warehouses) by the canal, for storage, especially of cereals, which opened in 1911. Vignette of a barge on the canal. Extremely rare.
Condition Report: EF
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