City of Paris - 45 millions Metropolitan Loan 1910

12445

Bond of 400F - Paris 1910

€120.00
No tax

In 1883 the decision was taken to build a metro in Paris, in particular with a view to the Paris Universal Exhibition of 1900.

The municipal council appointed the Compagnie Générale de Traction of the Belgian baron Édouard Louis Joseph Empain to carry out the work.

Compagnie Générale de Traction joined forces with Etablissements Schneider in Le Creusot to found the Compagnie du Chemin de Fer Métropolitain de Paris (CMP) in April 1899 with an initial contribution of 100,000 shares of 250 francs subscribed in Belgium.

Engineer Fulgence Bienvenüe was in charge of the work and line 1 (Porte de Vincennes - Porte Maillot) opened in July 1900 after twenty months of work, line 2 in 1903.

The financing of the Parisian subway was financed thanks to loans thanks to the law of April 4, 1898. Faced with the success of the metropolitan, two other loans of 170 million gold francs in 1904 then 45 million gold francs in 1910. A draw to define the obligations reimbursed.

Beautiful design

With coupons.

12445
5 Items

Data sheet

Country
France
Theme
City loans
Design
Yes
Rare bonds
Rare
Condition
EF
Printer
A. Chaix et Cie (20, rue Bergère, Paris)

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