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jewish judaica SCARCE Bank LeCredit Gomleen Debenture Bond Palestine 1932 RARE

$ 237.6

Availability: 100 in stock
  • Item must be returned within: 14 Days
  • Condition: Used
  • Restocking Fee: No
  • All returns accepted: Returns Accepted
  • Refund will be given as: Money Back
  • Return shipping will be paid by: Buyer

    Description

    jewish judaica SCARCE Bank LeCredit Gomleen Debenture Bond Palestine 1932 RARE
    Was established in 1926 as a bank on the basis of a mutual association, which helps its members, middle class, building loans and commercial business. The bank was affiliated with the supervisory alliance of the Israe-Israel cooperative.
    In the years between 1918 and 1947, about 20 cooperative societies were established in Palestine, including the name "Bank". This is in addition to dozens of financial companies for "Loan and Savings" and "Credit and Savings" companies established in almost every city, colony and moshav in Eretz Israel.
    The certificate, dated 1932, is a certificate of a debenture, part of the issuance of 33,000 bonds of 1 Pounds sterling each, to be repaid at the end of 12 years The document states: "The bank pledges the collateral mentioned above the page to these payments." Indicates that there is no collateral to secure the payments, but this paper.
    In 1941 the bank was omitted from its name and became a cooperative society.
    28x36 cm
    for condition watch photos