Land Bank of Egypt - 1948 dated Egyptian Stock Certificate

Stock printed by Imprimerie Chaix, Rue Bergere with 7 rows plus 1 coupon attached at bottom. Large size measures 16" x 17 3/4" with coupons. Ismail Sidky Pasha (15 June 1875 – 9 July 1950) was an Egyptian politician who served as Prime Minister of Egypt from 1930 to 1933 and again in 1946. During his first tenure as Prime Minister, Sidky pressed for the enactment of mortgage lending reforms aimed at restructuring the relationship of foreign lenders such as Crédit Foncier Egyptienne, the Mortgage Company of Egypt, and The Land Bank of Egypt with qualifying Egyptian mortgage debtors. On 3 February 1933 the Legislative Assembly of the Mixed Court of Appeals approved a law decreed by King Fuad and signed by the King, Sidki, and Egyptian Minister of Justice Ahmed Ali relative to properties in process of foreclosure with the Mixed Court System, known as Law 7 of 1933. Having begun the process of mortgage loan reforms in 1933, subsequent governments followed essentially the same practices, all in the context of foreclosure pressures experienced during the global economic depression of the 1930s, e.g., decret-loi no. 72 de 1935, and Law 47 of 1936, and Law 48 of 1936, each of which may be viewed in light of the negotiations leading to the Anglo-Egyptian Treaty of 1936. Read more at https://en.wikipedia.org/wiki/Ismail_Sidky