TRAMWAYS A VAPEUR DE LA PROVINCE D'ALEXANDRIE, S.A. DES (2 types)

BRUXELLES. 1. Action de F300, 1880. 2. Obligation de F500, 1881. Belgian company founded 1880 to build and operate a steam-powered tramway network in the province of Alessandria, in the southeastern part of the Piedmont region. Although established already in 1880, the company was authorized to operate in Italy by Royal Decree of 3 February 1881 and was only fully incorporated by 1882 (see next lots). It purchased a number of small local (horse-powered) tramway lines and grew it to a system of almost 90 km.Its 6 lines were: Alessandria-Sale, Alessandria-Casale Monferrato, Marengo-Mandrogne, Tortona-Sale, Tortona-Monleale and Tortona-CastelnuovoScrivia. In the late 1920s and 1930s, the lines closed one after another, with the last line closing in 1935 and thus the company being liquidated in 1936. We offer in this lot the only 2 known pieces issued prior to 1882 - thus before it was fully incorporated. The initial company capital (1880) was 2,4 million francs and a loan of 2,1 million francs was issued in 1881, hence these two pieces.

Condition: VF-EF