HWPH - Auction 41 and 42

HWPH Auction 41

cover: lot 71

Compagnie Universelle du Canal Maritime de Suez

1/5th founder share, 1930

Lot 782 from the live auction 

Société d'Études du Canal Maritime Russe des Deux Mers (de Riga à Kherson) 

promissory note for a profit share

printer proof from Imprimerie G. Richard ca. 1891

The final certificate would have incorporated, on the right side,

the Russian version of the French text printed on the left.

-

After Germany, Austria-Hungary and Italy formed the Triple Alliance (1882), France and Russia 

found themselves sharing a common foreign policy with mutual strategic military interests.  

Financial ties between the two countries developed and this French company can be seen 

as an example of that growing flow of French capital into Russia. The company was formed 

to assess the practicality of developing and operating a waterway 

between Riga (Baltic Sea) and Kherson (Black Sea). The Dvina river connects Riga with Vitebsk. 

And the Dnieper river connects Orsha with Kherson. A 90km canal between Vitebsk and Orsha 

could make the connection complete. By 1894 both countries had formalized their Franco-Russian alliance, but due to World War I and the subsequent Russian Revolution, the project was never realised.

Société d'Études du Canal Maritime Russe des Deux Mers (de Riga à Kherson)

detail from the certificate above

double-click image to enlarge 

HWPH Auction 42

cover: lot 881 

Credit Foncier de Tunisie

privileged share, ca. 1891

• Dates : 16 April 2016 - Auction 41 ; 18 April - Auction 42, internet only
• Place : Auction 41, Würzburg, GERMANY
• Further info , see here 

F.L.

Reference catalogue : Les Tramways Belges

• Title : Les Tramways Belges - Catalogue des Titres de Sociétés Belges de Tramways dans le Monde, in English: Belgian Tramway Companies - Catalogue of Belgian Tramway Companies in the World
• Author : Luc de Voghel, Alain Roba
• ID : no ISBN number; published 1986 by Alain Roba
• Languages : French
• Number of pages : 71
• Images : over 220 small black and white images
• Index : 1. Chronological (main classification), 2. Geographical classification,

This book is the work of two Belgian pioneers in scripophily : Luc de Voghel and Alain Roba. The work consists of a list of Belgian tramway companies operating in Belgium and abroad and their bonds and shares. Bearing in mind that the list was compiled 37 years ago, it counts more than 150 of such companies. More than 220 certificates are depicted in, according to our modern standards, a not so good quality. Interesting to know, entries were derived from the collections of both authors, but also from another scripophily pioneer : collector Erik Boone.

The companies mentioned were operating in the following countries : Argentina, Belgium, Bulgaria, China, Czechoslovakia, Egypt, France, Germany, Greece, Hungary, Italy, Netherlands, Persia, Poland, Rumania, Russia, Siam, Spain, Tunisia, Turkey, Yugoslavia. 

The work concludes with an overview of Belgian tramway companies whose certificates were not surfaced yet on the collector's market at the time (1986). 

F.L.