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100 Francs

Issuer Crédit Agricole et Industriel de la Broye
Year 1872
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Value 100 Francs
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Obverse lettering ESTAVAYER, le 28 Août 1872 CRÉDIT AGRICOLE ET INDUSTRIEL DE LA BROYE BON POUR CENT FRANCS 100 100 payables au porteur et à présentation Le Président de la Direction: Un administrateur: Le secrétaire Caissier: Hofer, Zürich
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Reverse lettering CRÉDIT AGRICOLE ET INDUSTRIEL DE LA BROYE A ESTAVAYER 100 100 100 100
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Comments

The Crédit Agricole et Industriel de la Broye was one of the short-lived cantonal credit institutions that proliferated in the Fribourg region during the third quarter of the nineteenth century, issuing notes against local agricultural and commercial lending activity rather than through any central banking framework. Swiss private note issuance remained a patchwork until the Federal Banking Law of 1881 began consolidating the right to issue, and the establishment of the Swiss National Bank in 1907 rendered all such regional paper permanently obsolete.

Hofer of Zürich was a competent but minor regional printer; this note's survival in any form is partly a function of low original circulation volumes in a predominantly rural district.

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