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Banco Hypothecario e Agricola do Estado de Minas Geraes

17447

Bond of 500F Serie A - Bello Horizonte/Paris 1911

€180.00
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Brazilian limited company, incorporated on June 12, 1911, for a period of 50 years (Crédit Foncier & Agricole de l'Etat de Minas Geraes)

The purpose of the company was to carry out all mortgage and agricultural credit operations in the State of Minas Geraes (Brazil).

Headquarters: Bello Horizonte, State of Minas Geraes

Share capital of 10 million francs, divided into 20,000 shares of 500 francs, increased in 1926 to 16 million by increasing the nominal value of the share from 500 francs to 800 francs and in 1928 to 20 million.

The bonds were guaranteed by the mortgages taken on the buildings and by the pledges given for the loans granted. In addition, the government of the state of Minas Geraes granted a direct interest guarantee of 6% per year for a period of 25 years.

The Board of Directors consisted of 6 to 12 members, appointed for 6 years, owners of 25 shares: in Brazil: MM. E. Pinto, J. Barbosa, A. Landsberg, L. de Magalhaes Pinto, F. M. Pimentel and in Paris: MM. H. Bauer, G. Henriot, Ch. Marchai.

Document signed by J. Barbosa.

Excerpt from the statutes on the back.

Magnificent decor by G. Fraipont.

with almost all coupons (2 missing)

Large size: 29x43 cm (excluding coupons)

17447
1 Item

Data sheet

Country
Brazil
Theme
Banks-Finance
Design
Yes
Rare bonds
Yes
Condition
VF/EF
Printer
A. Chaix et Cie (20, rue Bergère, Paris)

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