Accion [stock certificate] [unnumbered] Capital 500 pesetas Desembolso 250 pesetas [Tabacalera Shares]

Description

sepia lithograph, with a small map of the Philippines, with several large vignettes.

Certificate of the Compania General de Tabacos de Filipinas (Tabacalera], unissued and uncancelled, large-format piece, with a superb border of allegorical scenes and coat of arms, with all thirty(30) 7% fixed dividend coupons (cupones de intereses) and 16 benefit coupons (cupones de beneficios). , Segun autorizacion de 7 de Marzo de 1882 y conforme al ….de 31 Diciembre de 1881 – Description in Spanish and French …se emite este titulo con solo el timbre movil de 10 centimos de peseta. All issued in 1882 and currently known certificates of this company are without benefits coupons and all original dividends coupons were cut; The main aim of the company was the cultivation, purchase, processing and sale of tobacco products in the Philippines, and their export, mostly to Spain. The company had large plantations of its own, especially in Cagayan province, and also financed small growers, buying their crops. Had a distribution network in Spain. In the 17th century Philippine tobacco was regarded as the second finest in the world (after that of Cuba) but by this date was less well regarded. The Banque de Paris et des Pays-Bas was one of the founders, and there was French capital in the company.