Compagnie des Installations Maritimes de Bruges - 1904 dated Gorgeous Canal and Shipping Stock Certificate
Inv# SS1110 StockIssued from Bruges. Printer-Societe St Augustin-Bruges, Belgium. One of the prettiest stocks ever!!! Choice Condition!!! A must for any serious collection.
This document includes numerous coupons and features a design with three scenes representing the city of Bruges. On the right, there is an exquisite angel holding a large anchor, accompanied by a vast port scene at the bottom. A bear is illustrated in the top right corner. This is a bearer share valued at 500 Belgian Francs, established under legislation dated November 26, 1895, aimed at constructing ports and a canal on Belgium's northern side.
The company played a vital role in transforming Bruges-Zeebrugge into a significant cargo port in Belgium. Bruges is the capital and largest city of the West Flanders province in the Flemish Region of Belgium, located in the northwest of the country. It ranks as the seventh-largest city in Belgium by population. Along with several other northern cities known for their canals, such as Amsterdam and St. Petersburg, Bruges is occasionally referred to as the "Venice of the North." The city holds considerable economic significance due to its port and was historically one of the leading commercial centers in the world. Additionally, Bruges is recognized as the home of the College of Europe, a prestigious institution for European studies.
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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