Bearer Share Ouasta and M'leloüla Mines 1920s vintage document

AFW - Antique France Worldwide

Description

This old document is a bearer share issued by the Compagnie des Mines d'Ouasta et de M'leloüla, identifiable by its blue printed header and detailed information. The upper part shows the company's title, the inscription "Action de Deux Mille Huit Cents Francs au Porteur" (Bearer Share of Two Thousand Eight Hundred Francs), as well as several handwritten signatures and a visible issue number. The understated design, geometric borders, and typography are typical of financial securities from the early 20th century, probably the 1920s, consistent with the keywords provided.

The lower part of the document features a sheet of detachable coupons, each printed in blue and adorned with a bright red round stamp, indicating the validity and purpose of the payments associated with the share. The coupons are aligned in regular rows, each bearing the company's name and the share value. The paper has a slightly yellowed appearance, typical of old documents, highlighting its authenticity and age.

The entire document displays a beautiful visual harmony, with a decorative border printed in pastel blue all around and clear typographical elements. The main title "MINES D'OUASTA ET DE M'LELOÜLA" is clearly legible, as is the mention "Société Anonyme au Capital de 2,800,000 Francs" (Public Limited Company with a Capital of 2,800,000 Francs) and the registered office in Paris, details that confirm the origin and nature of the security.

The handwritten signatures and red stamps add a historical and authentic dimension to this financial paper. No major defects are visible on the presented side; the document appears well-preserved, without signs of chips, marked folds, or notable stains. The paper's texture, visible in the photo, suggests quality manufacturing, suitable for the administrative and banking use of the time.

This type of old share, also called a "bearer security" or "stock certificate," is now prized as a collector's item, a decorative wall object, or an educational tool on economic and industrial history. Its geometric design and sober colors make it a typical example of vintage financial securities from the early 20th century.

Condition

Used item, sold as is. The visible side is in good overall condition, with clear printing and well-preserved colors. Slight age-related patina consistent with the document's age.

Did you know? Bearer shares were commonly issued in the early 20th century to finance large industrial projects, particularly in the mining sector. Physical possession of the security was sufficient to exercise the financial rights attached to the share, hence their popularity before the widespread adoption of registered shares and the dematerialization of securities.

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