1890 Compagnie Tunisienne 15 Francs Founder Shares

It cost 14~16 Francs / 25 Tunisian Rial in 1890 for a founder's share. 135k pcs existed. When the founders launched the Compagnie Tunisienne, Foncière, Agricole et Industrielle, they set the company's total worth at 1 Mil French francs. To raise this money from investors, they broke that 1 Mil Francs down into exactly 2,000 capital shares, valued at 500 francs each.

In 1890, 1 Mil Francs was a massive sum of money. The company used this capital to purchase 26k hectares of land across French Tunisia (El Azib, El Mabtouha, Bordj el Amri, and Bou Arada) to grow wine grapes.

Condition: Minor crack, coupon not used
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