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Tramways et Electricité de Damas S.A.
Share of 500F - Brussels 1928
Original title issued in Brussels in 1928, where the company's head office was located.
Formerly the Imperial Ottoman Company of Tramways and Electric Lighting of Damas (1904-1928).
The president of the company was Gaston Ithier (signature on the document), the Vice-president, a Syrian notable. The directors were: C. Crombe, Ed. Empain, J. Empain, C. Francken, L. Graux, E. Harmant, M. Passelecq, E. Guillon, A. Jourdanne, Louis and Émile Piat.
An electricity production plant had been opened in Damas in 1907. The work program of this company included the construction of a new hydroelectric plant in Téquieh to contribute to the lighting distribution network for the districts of Damascus far from the center.
It also developed tram lines, including a line connecting Damas to Douma.
1944 marks the independence of the country and the assets of the company are sequestered. The company was nationalized in 1951, with a payment from Syria to Belgium which allowed it to reimburse its shareholders.
Illustrated with a vignette of the city.
With coupons.
Data sheet
- Country
- Syria
- Theme
- Tramways
- Design
- Yes
- Condition
- VF/EF