Loan for the construction of the Federal Railways and in particular the railway line from Itapura to Corumba.

Original signature of the representative of the government José Antonio de Azevedo Castro.

Any bond shall remain unredeemed at the expiration of the 50-year period from 1912 had to be paid off in Rio de Janeiro by the Government, in Paris or London for institutions (Caisses de la Société Générale, Banque de Paris and of the Netherlands, Comptoir National d'Escompte). The bonds were guaranteed by the Government for the payment of the capital and interest.

Illustrated with a railway.

Large format, bilingual French-English.

Uncancelled and with coupons.