Notascript. One bearer share certificate ("part sociale") without nominal value (overprinted over a "action privilégiée"of 500 francs) of the"Société Anonyme Pour la Filature de la laine et de la Soie"SOFILAINE" "Wool and Silk Spinning Co".Brussels (Belgium) 2 Rue de la Régence.1938.One handwritten signature.Printer :Imprimerie Industrielle et Financière,Bruxelles. Condition (opinion) :Fine (F). . Uncancelled with uncut coupons. Established 1927.
Historical document for collectable or historical research purposes only. Use this picture for reference only, serial number may be different.
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---------------------------------------------------------------------------------------- Terms of sale and shippig information
Postage, including packing material, handling fees : Europe: USD 9.70 / USA $ 10.70. Rest of the World: USD 12.00. FREE of postage for other items. (excluding purchases under US$70.00 with a weight greater than 100 gr. including the protection and packaging card ) .Only one shipping charge per shipment (the highest one) no matter how many items you buy (combined shipping). ----------------------------------------------------------------------------- Guaranteed genuine - One month return policy (retail sales) .Returns accepted with no questions. Customers are invited to combine purchases to save postage. As we have (or could have) more than one identical item ,the serial number may differ from those shown in the picture which is for reference only. For purchases above $70.00 we send the orders registered with tracking number without extra charge, for purchases below $70.00 we ship as regular letters at the buyer's risk. For purchases below $ 70,00 who want to register your letter with tracking number, please add an extra for : Europe $4.20 , U.S. $5.00 ,Rest of the word $5.90 .For this case ,please request or wait for our invoice before paying. Postage include packaging material and handling fees. For some destinations and purchases below $70.00 customers may be requested for this extra shipping payment in order to register the shipment with tracking number. We reserve the right to cancel transactions that require the sending of unregistered letters (without tracking number) to some destinations when this extra payment has been requested. For purchases over $70.00, the excess weight will be free. For purchases under US$70.00 with a weight greater than 100 gr. including the protection and packaging card, the buyer is asked not to make the payment until receiving the invoice or shipment note, since the cost will be calculated and the type of shipment will be assessed (registered or insured or not) and the buyer will be charged the approximate total of the costs of the Post Office rate (rates that are public and can be consulted), in this case the costs of packaging materials, handling and delivery management are free. In the event that the buyer has already made the payment, he will be asked to pay the difference that is missing for the payment of the postal rate. Likewise, we reserve the right to cancel transactions that have not been paid this extra amount when requested. If for any reason, your item did not arrive yet, or you are not 100% satisfied with the item you have received, please do not hesitate to contact , I will do all it takes to provide the best service. The buyer must notify to us of the delay in the arrival of his purchase when he meets 3 weeks ( to Europe) to 4 weeks (rest of the World) this guarantee expires two months after the shipment of his purchase if we have not previously received notice of the delay. While the item remains unsold, the seller, as the owner of the item, reserves the right to change the price to adjust it to market conditions. The interested or potential buyer is aware that the price may be changed. |
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See below some related information from the web:
NV 'Soieries de Ninove "was founded on May 15, 1929 at the initiative of the SA' Sofi Laine. The company settled in the new factory buildings, located on the Castle Meadows to the river Dender, in addition to the parent company. The huge fireplace that dominates Ninove on all sides and a special visual element in the region, dating THB. beginning of 1930. Especially in the interwar years the company has big expansion.
Although the field is already implemented slopingswerken were prompted by "belfries of Labor in Ninove a spontaneous initiative to try the fireplace to keep for posterity.
Some people focused to further letter to the Mayor and Aldermen:
De N.V. ‘Soieries de Ninove’ werd op 15 mei 1929 gesticht op initiatief van de N.V. ‘Sofilaine’. De vennootschap vestigde zich in de nieuwe fabrieksgebouwen, gelegen op de Burchtweiden aan de Dender, naast het moederbedrijf. De reusachtige schouw die Ninove van alle kanten domineert en een bijzonder beeldbepalend element in de regio is, dateert vml. van begin 1930. Vooral in het interbellum kende het bedrijf een grote expansie.
Alhoewel op het terrein thans reeds slopingswerken uitgevoerd werden ontstond naar aanleiding van 'Belforten van de Arbeid' in Ninove spontaan een initiatief om te trachten deze schouw voor het nageslacht te bewaren.
Enkele burgers richtten o.m. volgend schrijven aan het College van Burgemeester en Schepenen:
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The following table offers an overview of the market evolution of the Sofilaine shares. This
example clearly demonstrates that the value of a preferred share lay proportionally considerably
higher than the value of a common share. The law of supply and demand meant that large amounts
of money were paid for the preferred shares. Even when shares were falling, the value of a preferred
share at the end of 1930 appeared still double that of the original value. By that time, the value of
the capital shares had been reduced to less than 1/6th.
Preferred share : nominal
value 100 BEF
Capital share: nominal
value 500 BEF
7/1929 425 BEF 530 BEF
8/1929 345 BEF 527 BEF
11/1929 270 BEF 400 BEF
10/1930 210 BEF 80 BEF
Table 1 : market evolution of the Sofilaine shares (source: BRUSSELS EXCHANGE, Cours
Authentique).
In the short term, these preferred shared seemed a good investment. Nonetheless, the growing
distrust in them would eventually mean that businesses making use of them faced heavy pressure on
their future evolution.
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