Societe Les Affreteurs Reunis - 1920 dated French Stock Certificate - France
Inv# FS1080
Stock
Stock with underprinting of a steamship, flag vignette & seal. Several rows of coupons. Issued from Paris. Scarce!!! The case of the S.S. Wimbledon, Britain et al. v. Germany (1923) PCIJ Series A01, is a judgment of the Permanent Court of International Justice, rendered on 17 August 1923. The case primarily dealt with issues pertaining to attributes of sovereignty, treaty obligations qua internal law, and the jurisprudence related to international canals.
A British steamship, the Wimbledon, was time-chartered by a French company, Les Affréteurs réunis, which was based in Paris. According to the terms of the charter, the vessel had taken on board at Salonica 4,200 tons of munitions and artillery stores consigned to the Polish naval base at Danzig. On 21 March 1921, Wimbledon arrived at the Kiel Canal, but the Director of Canal Traffic refused permission to pass through by basing his refusal upon the neutrality orders issued by Germany in connection with the Polish–Soviet War. The French Ambassador at Berlin requested the German government to withdraw the prohibition and to allow Wimbledon to pass through the Kiel Canal, in conformity with Article 380 of the Treaty of Versailles. The German government replied that it would not allow a vessel with a cargo of munitions and artillery stores consigned to the Polish Military Mission at Danzig to pass through the canal, as the German Neutrality Orders prohibited the transit of cargoes of this kind destined for Poland or Russia, and Article 380 of the Treaty of Versailles was not an obstacle to the application of such orders to the Kiel Canal. The Société des Affréteurs réunis telegraphed to the captain of the S.S. Wimbledon, ordering him to continue his voyage by the Danish Straits. The vessel weighed anchor on 1 April and, proceeding by Skagen, reached Danzig, its port of destination on 6 April; it had been detained for eleven days, and had taken two extra days for its deviation. Read more at https://en.wikipedia.org/wiki/S.S._Wimbledon_case
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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