-40%
Panama Canal share certificate --- "DUPLICATA" -- ISSUED IN 1950 ( ! )
$ 51.74
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Description
Panama Canal temporary share certificateISSUED AS
DUPLICATA
19th OCTOBER 1950
( ! )
THE USA TOOK CONTROL OF THE CANAL ON THE 4th of MAY 1904.
DE JURE AND
WITH THAT DATE (at the very latest) ALL PREVIOUSLY ISSUED
PANAMA CANAL PAPER LOST ALL VALUE.
THEN WHY THE LATE AND UNUSUAL ISSUE DATE??
THERE MAY HAVE BEEN COURT CASE PENDING IN FRANCE.
THE FOLLOWING SMALL PRINT MAY OFFER A CLUE:
"... UN DEPOT DE RENTES FRANCAISES OU DE TITRES GARANTIS PAR LE
GOUVERNEMENT FRANCAIS."
---
SMALL PRINT LEFT OF COMPANY SEAL ---
WELL; WE IN FINANCE KNOW HOW MUCH GOOD GOVERNMENT GUARANTEES ARE -
THEY LOOK GOOD ON PAPER - AND YOU CAN ALWAYS SUE THE GUARANTOR - OR CAN YOU ?
FOUR
CERTIFICATES FOUND TWENTY YEARS AGO
NOBODY ELSE HAS ANY