{"product_id":"obligation-france-lait-1949-action-au-porteur-ancien-titre-boursier-retro","title":"France-Lait Bond 1949 Bearer Share Old Stock Certificate Retro","description":"\u003cp\u003e\u003cb\u003eAFW - Antique France Worldwide\u003c\/b\u003e\u003c\/p\u003e\n\n\u003cp\u003e\u003cb\u003eDescription\u003c\/b\u003e\u003c\/p\u003e\n\u003cp\u003eOld stock certificate visible in the photo: this is a bond from the \"France-Lait\" Agricultural Cooperative, issued in March 1949 in Saint-Martin-Belle-Roche, near Mâcon. This original document features a finely ornamented blue border, typical of mid-20th century French securities. The center of the document explicitly mentions \"OBLIGATION DE CINQ MILLE FRANCS 5% 1949 au porteur\" (BOND OF FIVE THOUSAND FRANCS 5% 1949 bearer) as well as the individual number 0005076, handwritten and printed. The signatures of the president and an administrator are visible at the bottom left and right, adding to the authenticity of the piece.\u003c\/p\u003e\n\n\u003cp\u003eThe lower part of the document is completed by a series of detachable coupons, still attached, each stamped with the red seal \"COOPÉRATIVE AGRICOLE FRANCE-LAIT CAF LAIT\". These coupons, aligned in columns, were intended for the payment of annual interest, as was the tradition of French bonds of that era. The blue and red typographical details, as well as the slightly yellowed paper, reflect the administrative and financial style of the post-war period.\u003c\/p\u003e\n\n\u003cp\u003eThe main text is written in French in an elegant font, and many elements are underlined or framed to highlight the importance of the bond. The mention \"Union de Coopératives Agricoles Laitières\" (Union of Dairy Agricultural Cooperatives) and references to the statutes, issuance, and redemption are clearly visible. No figurative decor is present, as sobriety was key for this type of financial document.\u003c\/p\u003e\n\n\u003cp\u003eThe entire piece is presented in the photo on a wooden surface, in natural light, which brings out the slightly embossed texture of the paper. The overall condition appears good for its age, with a circular perforation visible on the right, probably original administrative, and a slight patina due to time. No snags, major folds, or tears are visible on the exposed side.\u003c\/p\u003e\n\n\u003cp\u003eThis document is an authentic testament to the financial practices and the French agricultural world of the late 1940s. It is a decorative and historical object, sought after for the quality of its printing and for the history of dairy cooperation in France.\u003c\/p\u003e\n\n\u003cp\u003e\u003cb\u003eCondition\u003c\/b\u003e\u003c\/p\u003e\n\u003cp\u003eUsed item, sold as is. Document in good visual condition, with slight patina, administrative perforation, and attached coupons. See photo for more details on general appearance.\u003c\/p\u003e\n\n\u003cp\u003e\u003cb\u003eDid you know?\u003c\/b\u003e Bearer bonds, such as those issued by the France-Lait Agricultural Cooperative, were common in France until the 1980s. They allowed their holder to collect interest anonymously, without nominal registration, and coupons were detached at each maturity to receive payment.\u003c\/p\u003e\n\n\u003cp\u003e\u003cb\u003eAFW Reassurance\u003c\/b\u003e\u003c\/p\u003e\n\u003cp\u003eCareful packaging and fast shipping assured by a professional seller. Each document is handled with care to ensure its preservation during transport.\u003c\/p\u003e\n\n\u003cp\u003e\u003ci\u003eKeywords: antique bond, stock certificate, bearer share, France-Lait, CAF Lait, vintage financial document, agricultural bond, retro security, bond certificate, French stock certificate, 1940s administrative paper, detachable coupon\u003c\/i\u003e\u003c\/p\u003e","brand":"AFW","offers":[{"title":"Default Title","offer_id":54252035834183,"sku":"a59456f1-edad-41ee-9eb4-7e98d08ff6c1-PA0.36","price":2.99,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0989\/5152\/8775\/files\/s-l1600_25622b7e-1a2b-4861-9b40-cab831f4d68b.jpg?v=1782731962","url":"https:\/\/shop.antiquefranceworldwide.com\/en\/products\/obligation-france-lait-1949-action-au-porteur-ancien-titre-boursier-retro","provider":"AFW","version":"1.0","type":"link"}