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Auction: 18021 - Bonds and Share Certificates of the World Online Auction
Lot: 211

France: Etablissements Borel (S. A. des...), a group of 14 certificates for 100 franc shares, Neuilly sur Seine 1918, ornate border with stylised airplane at top and underprint of pilot in his airplane, blue and black, with coupons. Originally founded in 1909 by Gabriel Borel to manufacture monoplanes at Mourmelon. These were produced until 1914 when the factory was used to build military aircraft for the war effort. This company was organised in 1918 but was acquired by Société Générale des Constructions Industrielles et Mécaniques by 1921. EF (14).

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Estimate
£100 to £120