| REF. NO. | DENOMINATION | DESCRIPTION | NO.ISSUED | VALUE |
|---|---|---|---|---|
 from black and white photo |
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| 101 | 1 share | 1908, yellow, with coupons | 20,000? | £65 |
| 102 | 5 shares | 1908, blue, with coupons | 4000? | £100-120 |
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| 105 | 1 share | 1913, second issue, yellow, with coupons | 15,000? | £50 |
| 107 | 10 shares | 1913, second issue, red, with coupons | 1000? | £125 |
| 1909 4½% Bonds Issued £3,544,960 (33,499,872 roubles) |
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| 111 | £20 (189 roubles) | brown, with coupons | 14,848 | £10 |
| 5758 of the above bonds were submitted for repayment under the Foreign Compensation Order 1986 |
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 |
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| 112 | £100 (945 roubles) | blue, with coupons | 17,735 | £15 |
| 7886 of the above bonds were submitted for repayment under the Foreign Compensation order 1986 |
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 |
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| 113 | £500 (4725 roubles) | red, with coupons | 2949 | £80 |
| 1913 4½% Bonds Issued £2,222,220 (20,999,979 roubles) |
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 |
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| 114 | £20 (189 roubles) | brown, with coupons | 10,001 | £12-15 |
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| 115 | £100 (945 roubles) | blue, with coupons | 7222 | £15-20 |
 |
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| 116 | £500 (4725 roubles) | red, with coupons | 2600 | £60-80 |
Armavir-Touapse Railway Company
Общества Армавиръ-Туапсинской Железной Дороги
Formed in 1908. Initial capital was 4,000,000 roubles in shares of 100 roubles. Capital was increased in 1912 to 7,000,000 roubles. The railway ran from Armavir on the Wladikavkas Railway to Touapse on the Black Sea with a branch to Maikop.
1908