-40%
General Electric Company Allgemeine Elektricitäts-Gesellschaft (AEG) 1919 Bond
$ 21.11
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General Electric Company Allgemeine Elektricitäts-Gesellschaft (AEG) 1919 BondWe are pleased to offer a 1919 bond from Allgemeine Elektricitäts-Gesellschaft (or AEG) otherwise known as General Electric Company.
The bond is for one thousand marks, Series IX. 1919. 4 1/2 % M 1000.
Berliner Handels Gesellschaft is a bank who apparently arranged the bond.
These are often collected as interesting objects all by themselves. This example has 15 of the redemption certificates inside, several inked signatures, etc.
Photos show the front of the bond, the redemption tickets inside, and the rear cover top.
Priced to move. More details about the bond are below for those trying to figure out "what it is"
Folded, minor tears, dirty on back page, still a nice example.
===rough transcription of front in German (see below for English)===
Allgemeine Elektricitäts-Gesellschaft.
4 1/2% Anleihe Serie IX vom Jahre 1919 von 100 Millionen Mark eingeteilt in 100 000 Teilschuldverschreibungen uber je 1000 Mark
Teilschuldverschreibung uber Eintausend Mark verzinslich zu jahrlich 4 1/2 vom Hundert in halbjahrlichen Teilen am 2. Januar und 1. Juli jeden Jahres, rickzahlbar zum Nennwert.
An der mit Genehmigung des Aufsichtsrats unter den imstehenden Bedingugen aufgenommenen Anleihe im Gesamtbetrage von 100 000 000 Mark is die Berliner Handels Gesellschaft mit eineem Betrage von Eintausend Mark deutscher Reichswahrung betieligt.
Die Ruckzahluing des Hauptgeldes sowie die Verzinsung erfolgen an die Berliner Handels Gesellschaft oder an deren Order nach Massgabe der umstehenden Bedingungen und des beigedruckten Tilgungsplanes.
Berlin, im November 1919.
Allgemeine Elektricitäts-Gesellschaft.
Der Aufsichtsrat: Der Vorstand:
Vorsitzender.
Eingetragen im Schuldverschreibungsbuch Blatt 0289
Kontrollbeamter.
[ and on back ]
Allgemeine Elektricitäts-Gesellschaft.
Teilschuldverschreibung No 137831
Diese Teilschuldverschreibung ubertragen wir hierdurch ohne Gewahr an ______ oder Order.
Berlin, den ___ Berliner Handels Gesellschaft (signed in ink)
===END OF GERMAN===
Inside there are terms and conditions as well. It is four pages (one sheet folded in half), plus laid in redemption certificates.
Run English translation Google(google):
====
General Electric Company.
4 1/2% series IX bond of 1919 of 100 million marks divided into 100,000 bonds of 1,000 marks each
Partial Note on One Thousand Marks Interest-bearing Annually 4 1/2 of a Hundred Half-Yearly Shares on 2 January and 1 July each year, payable at face value.
The Berlin Trade Company, which received a sum of one thousand marks of German Reich currency, subscribed to the bond with a total amount of 100,000,000 marks, which was accepted under the terms and conditions with the approval of the Supervisory Board.
The repayment of the principal money and the interest shall be made to the Berliner Handelsgesellschaft or to their orders in accordance with the conditions set out below and the amortization schedule attached.
Berlin, November 1919.
General Electric Company.
The Supervisory Board: The Management Board:
Chairman.
Entered in the bond book sheet 0289
Compliance Officer.
[ AND on back ]
General Electric Company.
Partial bond No 137831
As a result, we transfer this partial bond without being aware of ______ or order.
Berlin, the ___ Berliner Handels Gesellschaft (signed in ink)
====
See photos for condition and some content.
From wikipedia:
"In 1883 Emil Rathenau founded Deutsche Edison-Gesellschaft für angewandte Elektrizität in Berlin, which became Allgemeine Elektrizitäts-Gesellschaft in 1887. Initially producing electrical equipment (such as light bulbs, motors and generators), the company soon became involved in AC electric transmission systems. In 1907 Peter Behrens was appointed as artistic consultant to AEG. This led to the creation of the company's initial corporate identity, with products and advertising sharing common design features.
The company expanded in the first half of the 20th century, and is credited with a number of firsts and inventions in electrical engineering. During the same period it entered the automobile and airplane markets. Electrical equipment for railways was produced during this time, beginning a long history of supplying the German railways with electrical equipment.
After WWII, the company lost its businesses in the eastern part of Germany. After a merger in 1967 the company was renamed Allgemeine Elektrizitäts-Gesellschaft AEG-Telefunken (from 1979 on only AEG-Telefunken). The company experienced financial difficulties during the 1970s, resulting in the sale of some assets. In 1983 the consumer electronics division Telefunken Fernsehn und Rundfunk GmbH was sold. In 1985 the company re-took the name AEG and the remainder of the company was acquired by Daimler-Benz; the parts that remained were primarily related to electric power distribution and electric motor technology. Under Daimler-Benz ownership, the former AEG companies eventually become part of the newly named Adtranz in 1995 and the AEG name was no longer used. Electrolux, which had already acquired the household subsidiary AEG Hausgeräte GmbH of AEG in 1994, now own the rights to use and license the brand."
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