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The "Société des Usines Chourbagui" was established on April 28, 1947, by royal decree, with headquarters in Cairo, Egypt. The company was created with the goal of operating in the textile industry, particularly in spinning, weaving, and knitting. During a period of rapid industrialization and modernization in post-war Egypt, the "Société des Usines Chourbagui" played a fundamental role in the development of the country's textile industry, contributing to making Cairo an important industrial hub.
The certificate shown in the image relates to ten bearer shares, issued in 1952, with a nominal value of 4 Egyptian Pounds per share. This type of certificate was intended for investors who wanted to participate in the growth of an industry that was crucial to the national economy.
Historical Context:
The issuance of this certificate occurred during a crucial period for Egypt. In the 1950s, Egypt was undergoing significant political and social changes, culminating in the 1952 Revolution and the rise to power of Gamal Abdel Nasser. The textile industry was one of the key sectors for the modernization of the Egyptian economy, and the "Société des Usines Chourbagui" represented a perfect example of the new industrial policies adopted during this period of transformation.
Historical Company Data:
| Item | Details |
|---|---|
| Year of Incorporation | 1947 |
| Registered Office | Cairo, Egypt |
| Share Capital at Incorporation | LE 50,000 |
| Share Capital at Dissolution | LE 600,000 |
| Year of Stock Exchange Admission | Data not available |
| Year of Delisting | Data not available |
| Year of Company Dissolution | Data not available |
| Turnover (reference year 1952) | Data not available |
Document Characteristics:
| Characteristic | Description |
|---|---|
| Type of Certificate | Bearer Certificate of Ten Shares |
| Certificate Number | Not identifiable from the image |
| Nominal Value | LE 4 per share |
| Date of Issue | January 1, 1952 |
| Signed by | Not clearly identifiable from the document |
| Artistic Elements | The certificate features detailed decoration with geometric motifs inspired by Islamic art, along with an illustration of the factory, symbolizing industrial progress. |
| Typography | Not specified on the document |
| Provenance | Data not available |
Artistic and Typographic Description:
The certificate is an example of high-quality graphic and typographic design, with a richly decorated frame that includes geometric motifs inspired by Islamic art, representing a connection between Egypt's historical past and its industrial present. The illustration of the factory at the center of the certificate symbolizes the modernization and industrialization that was transforming Cairo into a textile production hub.
Provenance:
There are no specific details available on the provenance of this certificate, but documents like this were often held by local and international investors who saw the Egyptian textile industry as an opportunity for growth and profitability. The rarity of the document and its connection with a crucial period in Egyptian history make it particularly interesting for collectors and historians.
Valuation and Rarity:
This certificate can be considered rare, especially if well-preserved. The historical value of the document is accentuated by its issuance during a period of significant economic and political changes in Egypt. The rarity and artistic design of the certificate make it a sought-after piece for collectors of historical documents.
Considerations for Collectors:
Collecting old financial documents, known as scripophily, is a practice that not only allows one to own a piece of history but also offers the opportunity to explore the economic and social roots of different eras. This certificate from the "Société des Usines Chourbagui" represents a fascinating example of how the textile industry was central to Egypt's economic development in the 1950s. Collectors might consider framing these documents with quality materials to preserve their integrity while also enhancing their historical aesthetic.
Use as a Gift:
In addition to its historical and collectible value, this document can be considered a unique and valuable gift, ideal for those passionate about history, finance, or art. Whether for sophisticated décor, a personal collection, or as a signature gift, a historical certificate like this always adds a touch of elegance and depth.
Certificate of Authenticity:
An official certificate of authenticity can be requested for this document, which includes a historical register. To obtain this service, contact via email info@scripo.it. Additional documentation can increase the perceived value of the certificate.
All historical documents for sale are intended for collection purposes. The documents have no economic or financial value (no economic or financial value), images that are not of the historical document are representative of the company's object and the historical period of reference are not provided but can be freely downloaded from the website and printed.
