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The Corporation of London (Bridges) Act 1911. Bond £100, 9. July 1914, #2627. Large format with arm
Description
The Corporation of London (Bridges) Act 1911. Bond £100, 9. July 1914, #2627. Large format with arms of London, allegory of England, image of Royal Exchange and ornate scrollwork. The bond was issued by the Mayor of the City of London and was guaranteed by the rents and profits of the Bridge House Estates. These Estates are a charitable trust, established in 1282 by the City of London Corporation. Its original purpose was to maintain the London Bridge. But, subsequently, it also built Blackfriars Bridge and Tower Bridge, and purchased Southwark Bridge. Funded by bridge tolls and charitable donations, the trust acquired to this day an extensive property portfolio in excess of £500 million. Cancelled by a triangular cut into the seal. Most unusual British scripophily item. VF.
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The Corporation of London (Bridges) Act 1911. Bond £100, 9. July 1914, #2627. Large format with arms of London, allegory of England, image of Royal Exchange and ornate scrollwork. The bond was issued by the Mayor of the City of London and was guaranteed by the rents and profits of the Bridge House Estates. These Estates are a charitable trust, established in 1282 by the City of London Corporation. Its original purpose was to maintain the London Bridge. But, subsequently, it also built Blackfriars Bridge and Tower Bridge, and purchased Southwark Bridge. Funded by bridge tolls and charitable donations, the trust acquired to this day an extensive property portfolio in excess of £500 million. Cancelled by a triangular cut into the seal. Most unusual British scripophily item. VF.
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