This certificate for 3 shares of 500 dinars (No. 631 to 633) of Généralna Banka u Nišu, issued in December 1922, is the counterpart to the certificate for 20 shares (No. 008701-008720) of the same bank, issued at the same time. The difference in quantity — 3 shares versus 20 — illustrates the diversity of a Serbian regional bank's shareholders in the 1920s: small local holders, modest merchants or members of the ruling family on one hand, major investors or regional notables on the other. It is interesting to note that the numbers of these two certificates are very different (631-633 vs 008701-008720), suggesting they belong to distinct issue tranches, perhaps to different series or vintages, although both are dated December 1922