Certificate of nominal shares of 500 francs issued in Paris in 1920 or 1922.

Bank created in 1913 by André Berthelot with a capital of 45,000,000F, divided into 87,000 ordinary shares and 3,000 founder shares of 500F each.

Ten ordinary shares gave the holder the right to one vote, while each founder share gave the right to 6 votes.

The Pekin Syndicate contributed funds to the business and obtained 1,000 founder shares, the Chinese government also holding 1,000 shares.

In 1923 the company changed its name and became "Banque Française pour le Commerce" then in 1976 "Banque Française Commerciale".

It was bought in 1990 by Banque Vernes & Commerciale de Paris on behalf of the Instituto Bancario San Paolo di Torino, which merged to become Banque SANPAOLO.

Signed by Berthelot.