Banco Hipotecario de Crédito Territorial Mexicano, S.A.: A Milestone in Mexico's Economic History
The bond certificate presented here belongs to the Banco Hipotecario de Crédito Territorial Mexicano, S.A., one of Mexico's most significant financial institutions in the early 20th century. This certificate, issued on January 21, 1908, represents a Mortgage Bond with an annual interest rate of 5% and is denominated in both Mexican Pesos and French Francs, reflecting Mexico's integration into the international financial system of the time.
Historical Context
In the early 1900s, Mexico was undergoing an economic expansion under President Porfirio Díaz, a period known as the "Porfiriato." This was a time of modernization and industrialization, with the banking and financial system rapidly expanding to support economic growth. The Banco Hipotecario de Crédito Territorial Mexicano was established to provide long-term credit secured by real estate, with the aim of stimulating agricultural and urban development.
The 1908 certificate is a testament to Mexico's ambition to attract foreign investment and modernize its economy. The issuance of bonds in foreign currency, such as French Francs, reflected international markets' confidence in Mexico's economic stability and the country's ability to meet its financial commitments.
Company Historical Data
| Field | Details |
|---|---|
| Year of establishment | Early 20th century |
| Headquarters | Mexico City, Mexico |
| Name upon delisting | Banco Hipotecario de Crédito Territorial Mexicano, S.A. |
| Year of stock market listing | Not available |
| Year of delisting | Not available |
| Year of company closure | Not available |
| Initial capital | $5,000,000 Mex. Pesos |
| Final capital | Not available |
| Sector | Banking and Finance |
Certificate Characteristics
| Field | Details |
|---|---|
| Type of title | Mortgage Bond |
| Annual interest | 5% |
| Face value | $100 Mex. Pesos / 257 French Francs |
| Issue date | January 21, 1908 |
| Printer | Charles Skipper & East, London |
| Signature | Signed by the Chairman of the Board and the Cashier |
| Decorative elements | Green floral motifs with a central allegorical portrait |
| Artist | Not specified |
| Other details | Stamps and postmarks added later |
Artistic and Typographic Context
The certificate features a green decorative frame with intricate floral motifs, typical of financial art from the era. At the center of the document is an allegorical portrait of a female figure, symbolizing prosperity and trust, giving the certificate an elegant and solemn touch. The text is composed in classic, legible fonts, emphasizing the document's importance and authority. The certificate was printed by Charles Skipper & East of London, a prestigious name in the printing of financial documents.
Provenance
This certificate comes from a private collection and has maintained its integrity over time, remaining in excellent condition. It represents an important historical record of Mexico's role in the international financial landscape in the early 20th century.
Valuation and Rarity
The Banco Hipotecario de Crédito Territorial Mexicano certificate is a rare and highly valuable item for scripophily collectors, particularly for its historical significance and the artistic quality of its production. Its rarity and condition make it a highly desirable item for collectors worldwide.
Tips for Scripophily Collectors
Owning a certificate like this means preserving a significant piece of Mexico's economic history. It is essential to protect these documents with high-quality frames and store them in controlled conditions to maintain their beauty and integrity. In addition to being a historical investment opportunity, these certificates can be used as unique gifts or as decorative elements with great visual and historical impact.
All historical documents for sale are considered collectibles. The documents have no economic or financial value (no economic or financial value); the images that are not of the historical document are representative of the company's object and the historical period of reference and are not provided, but can be freely downloaded from the website and printed.
