Tramways De Carthagene - 5,000,000 Francs Capitalization - Stock CertificateInv# FB6356 Bond
5,000,000 Francs Stock Certificate.
Cartagena, known in the colonial era as Cartagena de Indias, is a city and major port on the northern coast of Colombia in the Caribbean Coast Region. Founded in 1533, the city's strategic location between the Magdalena and Sinú Rivers gave it easy access to the interior of New Granada and made it a main port for trade between Spain and its overseas empire, establishing its importance by the early 1540s. During the colonial era it was a key port for the export of Peruvian silver to Spain and for the import of enslaved Africans under the asiento system. It was defensible against pirate attacks in the Caribbean.
Modern Cartagena is the capital of the Bolívar Department, and had a population of 1,028,736, according to the 2018 census, making it the second-largest city in the region, after Barranquilla, and the fifth-largest city in Colombia. The urban area of Cartagena is also the fifth-largest urban area in the country. Economic activities include the maritime and petrochemical industries, as well as tourism.
The present city—named after Cartagena, Spain—was founded on 1 June 1533; but settlement by various indigenous people in the region around Cartagena Bay dates from 4000 BC. During the Spanish colonial period Cartagena had a key role in administration and expansion of the Spanish empire. It was a center of political, ecclesiastical, and economic activity. In 1984, Cartagena's colonial walled city and fortress were designated a UNESCO World Heritage Site.
A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.