1609

Compagnie Francaise du Telegraphe de Paris a New York Bond (126365)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Industrial Start Price:75.00 USD Estimated At:150.00 - 250.00 USD
Compagnie Francaise du Telegraphe de Paris a New York Bond  (126365)
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Early and attractive certificate issued in 1879. Stamp cancelled. 22 coupons attached. Text on front and back is in French. Ornate engraved border. 8.25 x 12.25" This company was founded in 1879 by Augustin Pouyer-Quertier, at the request of the French government. The previous company, the French Atlantic Cable Company, had laid a cable in 1869, but had effectively merged with the Anglo-American Telegraph Company in 1873. The French government wanted a communication line entirely under the control of French entities. The company operated until 1895 when due to bankruptcy it became part of Société française des télégraphes sous-marins operating submarine cable systems worldwide.

Date: 1879
Country (if not USA): France
State:
City: Paris
Provenance: Ken Prag Collection

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