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Anglo-Palestine Co. Ltd. 1943. Cancelled Stock Certificate

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:25.00 USD Estimated At:35.00 - 70.00 USD
Anglo-Palestine Co. Ltd. 1943. Cancelled Stock Certificate
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Israel, 1943. 3 "A" Ordinary Shares, Issued and Cancelled, Stock Certificate. Black print with green border and blue cancelled stamp at bottom. "Duplicate of certificate issued July 13th 1936" written at top right corner. Fine-VF condition with toning at edges. The Anglo-Palestine Bank was a subsidiary formed in 1902. The Anglo-Palestine Bank offered farmers long-term loans and provided loans to the Ahuzat Bayit association which built the first neighborhood in Tel Aviv. After the founding of the state of Israel in 1948, the bank won the concession to issue new banknotes. In 1950, the bank was renamed Bank Leumi le-Israel (National Bank of Israel). When the Bank of Israel was established in 1954, Bank Leumi became a commercial bank.