There are 3 reasons why this share certificate of the Ferro-Carril de Barcelona á Sarriá railway company is so appealing to collectors.
|una acción de 100 Pesos Fuertes |
1859, reissued 22th May 1866
printed by Imprenta de Narciso Ramirez in Barcelona
Early Spanish railroad
First of all, this is an early railway share for Spain, 150 years old. Railways appeared rather late in a politically instable and less economically developed Spain. The first line in Spain, opened in 1848, was a short line from Barcelona to Mataró. In the 1850s, after new laws were passed, foreign capital found its way to railway investment. In these times, Spanish railways had to be built on an unusual broad track gauge making the network incompatible with that of France and therefore hindering any French invasion. The Ferrocarril de Barcelona a Sarrià was formed in 1859. With an initial track of 4,75 km, connecting Barcelona with the communities of Gràcia, Sant Gervasi and Sarrià, the company was succesful. Some of the remarkable shareholders were the Duque of Rianzares and the playwright and diplomat Juan de Grimaldi. Due to financial difficulties , the company was absorbed in 1874 by a new company called Ferrocarrill de Sarrià a Barcelona.