CONSTANTINOPLE. Certificat pour 1 Action de F500=M408=£20. Serie I. blue, black. No 19475. Central fold but in above average condition. Text in German and French on the front, Arabic and French on the back. Initiated by German bankers. This was a new phenomenon in the Orient: in the 1870s, Germany kept largely outside the Orient. But with Emperor Wilhelm II coming to power in the 1880s, the German external politics became much more ambitious. In 1888, The Ottoman government gave Deutsche Bank the concession to construct the Anatolian Railway, linking Haydarpasa (Istanbul) via Izmit to Ankara - 578 km and 44 stations. The first parts of the line opened in 1890 and by the end of 1892, the construction was completely finished. This is a provisional share of Series I. Series I and II were issued to the Deutsche Bank, while those of SeriesIII and IV were sold on the bourses. After World War I, the railway was taken over by a consortium of English banks. Under the terms of the Treaty of Versailles, the shares held by German banks were auctioned to the highest bidder. Facsimile signature of Georg von Siemens (of Deutsche Bank). Extremely rare.
Date: 3 April 1894
Startprice: € 100