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Société de Lovitch des Produits et Engrais Chimiques

Ловичское Общество Химическихъ Продуктоъ и Землеудобрительныхъ Веществъ
Other city spellings: Varsovie, Warschau, Warszawy

Formed in 1895 with head office in Warsaw. Initial capital was 600,000 roubles in shares of 250 roubles. Capital was increased in 1899 to 1,000,000 roubles.

1895

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REF. NO. DENOMINATION DESCRIPTION NO. ISSUED CONDITION VALUE
1896, 1st issue, 2,400 shares, serial #0001 – 2400
101 1 share brown & red, with coupons 2400
#1709,#2131		 VF £50
1899, 2nd issue, 1,600 shares, serial #2401 – 4000
102 1 share green, with coupons 1600
#3733		 VF £-
1908 5% Bonds
Issued 500,000 roubles
110 250 roubles brown, with coupons 2000
#1539,#1833		 VF £50

Description

The company was founded in 1895 with a capital of 600,000 rubles with the participation of Belgian financiers, for the production of artificial fertilizer. The administrative seat was Warsaw; the factory was located in Lowicz, Gouv. Stock exchange listing in Warsaw. The prominent Jewish banker Natanson was a member of the company’s board of directors. The factory burned down during World War I. Some of the second issue certificates were originally signed by W. Kislanski as Chairman of the Board. Wladyslaw Teodor Kislanski (1841-1926) was an important Polish engineer and industrialist who was particularly notable for modernizing the national railway network. His concern was the development and strengthening of Polish industry, agriculture and crafts, where he achieved great things. In 1917 he was to become Minister of Economics, which failed due to resistance from the German authorities. After World War I he became President of the International Chamber of Commerce. (Source: Gutowski auction July 2007)

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