Share of 100F - Paris 1899
Notary in St-Chamond
With all the coupons, which probably means the company never paid dividends and went bankrupt quickly.
Magnificent decoration of the building and of the epicycle, giant carousel with continuous movement of 7 mothers of diameter imagined for the Universal Exhibition of 1900 invented by the engineer Armengaud.
Near the Big Wheel and the "Swiss Village" the Epicycle at 49 avenue de la Motte Piquet, was to be the highlight of the Exhibition as was that of the Eiffel Tower at the Exhibition of 1899. This genat carousel with continuous movement never stopped, neither to get on or to disembark passengers from trains. 90 benches or small cars with animal shapes on the front (snakes, swans) go around in circles with three people on board as can be seen in the title illustration.
As the crowning glory of the building, a vast dome, which also spins - everything spins with the Epicycle - lights up at night and projects the multicolored fires of its thousands of electric lamps into the distance.
At the rate of 20 tours for 270 travelers, or 5,400 travelers per hour or 43,200 for an eight-hour day, for 0 fr. 30 per traveler, the company was to generate 12,960 francs in daily income, or, in total, for the six months of the Exhibition, 2,332,800 francs.
7,500 shares were issued (for a total capital of 750,000 francs) fully paid up to finance the project.
The Epicycle Society claimed before it a future not enjoyed by other similar cases destined to die with the Exhibition itself. Because it could not only continue to operate the merry-go-round at any point in Paris, but since it also had exclusive ownership, for France, of the Epicycle patent; she would sell the licenses for fairgrounds and so on.
The Universal Exhibition of 1900 welcomed more than 50 million visitors. But it seems that the Epicycle did not see the light of day since there is no trace of this construction in the list of attractions of the Exhibition ...
- Rare bonds
- Issued before 1900
- Rare bonds
- Small issue
- Charles Skipper & East (Paris)
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