| REF. NO. | DENOMINATION | DESCRIPTION | NO. ISSUED | VALUE |
|---|---|---|---|---|
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| 116 | 10 azioni | 1919, green and red | #1265 | €150 |
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| 121 | 5 azioni | 1925, mauve green and red | #3263 | €150 |
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| 122 | 500 azioni | 1925, mauve, green and red | #3174 | €200 |
Societa Anonima Frera
Formed in November 1905. A leading motor cycle manufacturer from 1905 to 1956 with a short-lived production of light cars between 1905 and 1913.
Capital 1,250,000 lire. Increased to 2,000,000 lire in 1907 and to 2,500,000 lire in 1913. In 1924 capital increased to 5,000,000 lire in shares of 50 lire.
1905