-40%

Panama Canal share certificate --- "DUPLICATA" -- ISSUED IN 1950 ( ! )

$ 51.74

Availability: 100 in stock
  • Condition: ~~~~~~~~~ YES, 1950 ~~~~~~~~
  • All returns accepted: ReturnsNotAccepted

    Description

    Panama Canal temporary share certificate
    ISSUED AS
    DUPLICATA
    19th OCTOBER 1950
    ( ! )
    THE USA TOOK CONTROL OF THE CANAL ON THE 4th of MAY 1904.
    DE JURE AND
    WITH THAT DATE (at the very latest) ALL PREVIOUSLY ISSUED
    PANAMA CANAL PAPER  LOST ALL VALUE.
    THEN WHY THE LATE AND UNUSUAL ISSUE DATE??
    THERE MAY HAVE BEEN COURT CASE PENDING IN FRANCE.
    THE FOLLOWING SMALL PRINT MAY OFFER A CLUE:
    "... UN DEPOT DE RENTES FRANCAISES OU DE TITRES GARANTIS PAR LE
    GOUVERNEMENT FRANCAIS."
    ---
    SMALL PRINT LEFT OF COMPANY SEAL ---
    WELL; WE IN FINANCE KNOW HOW MUCH GOOD GOVERNMENT GUARANTEES ARE -
    THEY LOOK GOOD ON PAPER - AND YOU CAN ALWAYS SUE THE GUARANTOR - OR CAN YOU ?
    FOUR
    CERTIFICATES FOUND TWENTY YEARS AGO
    NOBODY ELSE HAS ANY