Constituted 23rd April 1925 with Head Office in Madrid. An outspoken Newspaper founded in Madrid in 1925. Published many controversial articles especially following the downfall of the Dictator Primo de Rivera and during the Civil War. Most of its Newspaper shops and outlets were burnt down by Socialists and the company published its last issue in March 1936.Capital 5,000,000 pesetas in 3 series. Certificates designed by A. Sauri Sires in Art Nouveau style.