Bearer share Société Téléphones Picart Lebas 1924 old vintage blue stock certificate

AFW - Antique France Worldwide

Description

Old financial security visible in the photo: this is a bearer share issued by the Société des Téléphones Picart Lebas, dated October 13, 1924. The document features an ornamental blue frame with geometric motifs typical of the 1920s, surrounding a fine-screened background. The title "Société des Téléphones PICART LEBAS" is displayed at the top, followed by legal notices and the registered office in Paris (40, rue Louis-Blanc). The item is a 100-franc coupon from a 500-franc bearer bond, numbered 02232.

The paper highlights a light blue central cartouche, with a medallion bearing the "TPL" logo at the bottom, an authentic signature from that era. Several handwritten signatures of administrators are visible in the lower part, as well as the handwritten mention of the date "13 OCT 1924". A red numerical annotation appears on the left margin. All text is printed in dark blue and black, with different fonts to hierarchize information.

The document presents a visual texture typical of period papers, with a slightly yellowed appearance at the edges and a regular cut. The corners are adorned with stylized floral motifs, common on old securities. No additional background or decorative motifs are visible other than the frame and the central medallion.

The content of the text details the terms of the bond, the interest rate, repayment conditions, and references to legal statutes. The main inscriptions are legible and well-preserved, reflecting the administrative and financial style of the early 20th century.

The security is presented flat on dark wood furniture, without any visible frame or additional support. The visible side does not show any dry stamp, perforation, or staple in this view.

Condition

Used item, sold as is. The overall condition is good for a document of this era: very slight traces of handling, possible fold on one corner, but no major tears or stains visible on the presented side.

Did you know? French public limited companies of the early 20th century frequently issued bearer securities, which were negotiable without nominative registration. The Société des Téléphones Picart Lebas was a player in telephony in Paris before the nationalization of the sector in the 1940s.

AFW Reassurance

Careful packaging and fast shipping provided by a professional seller specializing in antique documents and financial securities.

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