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Lot 583: COMPAGNIE DES INDES

Auction No.57 of Antique Stocks & Bonds

by Boone Shares - The Scripophily Center

29 October 2016

Brussels, Belgium

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Description: 1790s Coupon d'action de 36 Livres. black. No 1146. By the decree of 24 August 1793, all joint stock companies in French are to be liquidated. So also the famous Compagnie des Indes. It was stipulated that the Compagnie dissolution was to be completed between 1794 and 1797. In reality, it took until 6 December 1865 (under Napoleon III) for the last claims of shareholders (or their heirs) to be resolved. This coupon is part of the liquidation process. It states that the French National Treasury owes the holder 36 Livres as interest payment on his 1600Livres of stock in the Compagnie.

Condition Report: VF

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