The Société d’Industrie Houillère de la Russie Méridionale, founded in 1872, represents a quintessential example of industrial development in the southern region of the Russian Empire. Based in Gorlovka, in the Ekaterinoslav Governorate, the company was established to exploit the region's rich coal resources, one of the main sources of energy for the vast Russian territory.
The initial share capital was 2,500,000 rubles, divided into 25,000 ordinary shares with a nominal value of 100 rubles each. Over the years, thanks to prudent management and a growing demand for coal, the company saw its capital increase to 5,000,000 rubles, with the issuance of preferred shares guaranteeing an annual dividend of 6%.
In 1905, the company conducted one of its most significant issues, with 37,500 preferred shares, each valued at 100 rubles, fully paid up. These shares are an important historical testimony not only for their financial function but also for their collectible value, being one of the most sought-after documents by scripophilia collectors.
Historical Data of Société d’Industrie Houillère de la Russie Méridionale
| Year | Share Capital | Number of Shares | Annual Dividend | Market Share |
|---|---|---|---|---|
| 1872 | 2,500,000 rubles | 25,000 ordinary | - | 15% |
| 1905 | 5,000,000 rubles | 37,500 preferred | 6% | 30% |
| 1912 | 5,000,000 rubles | 62,500 total | 6% | 40% |
Document Features
| Type | Preferred Share |
|---|---|
| Nominal Value | 100 rubles |
| Guaranteed Dividend | 6% |
| Issue Date | 1912 |
| Share Capital | 5,000,000 rubles |
| Number of Shares | 62,500 |
| Language | Russian and French |
| Issuing Company | Société d’Industrie Houillère de la Russie Méridionale |
| Headquarters | Gorlovka, Ekaterinoslav Governorate |
This document represents a rare opportunity for scripophilia enthusiasts. The quality of the paper, decorative details, and historical significance make this share a unique and valuable piece for any collection. It not only reflects a crucial period in the industrial development of the Russian Empire but also bears witness to the economic and technological expansion of the time.
All historical documents for sale are intended for collection purposes. The documents have no economic or financial value (no economic or financial value), and the second image is only representative of the object of the reference company.