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Lot 1438: CUBA RAILROAD EQUIPMENT TRUST
29 October 2016
Brussels, BelgiumLive Auction
Description: 1 February 1914 MONTREAL. Temporary Share $1000 5%, specimen. orange, black. Formed 1902 in USA by the US-owned Cuba Co. as a holding company for all its Cuban railroad interests. The Cuba Co. held 60% of the shares. Owned and operated the main line (built by the Cuba Co.) running the length of the country, from Santiago in the southeast to Santa Clara in the west-centre, where it linked to Havana. In 1926 became part of Ferrocarriles Consolidados de Cuba (the company controlling most lines in the eastern half of the country). Nationalised by Castro 1960. To be issued by the Montreal Trust Co as Trustee.
Condition Report: UNC