50 Francs

The Crédit Agricole et Industriel de la Broye was one of several regional cantonal credit institutions established in the Fribourg district during the third quarter of the nineteenth century to serve agricultural and small industrial lending — not a major commercial bank, and certainly not a prolific note issuer. Notes from institutions of this type circulated within tightly defined geographic boundaries, which kept volumes small and survivorship rates lower than for nationally distributed issues.

Hofer of Zürich handled the printing. By 1877 Swiss note production was quietly consolidating around a handful of reliable local printers before the Federal Banking Act eventually centralized currency authority entirely.