47. HAMBURG'S SUBURBAN ABOVEGROUND AND UNDERGROUND RAILWAYS.
Hamburg, October 9, 191, 37 x 26.5 cm, coupons—none, signature—facsimile and pen, category—railway, face value—1,000 Marks, condition—EF.
Founders’ shares of the company established in 1911 to build and operate railways in the Hamburg metropolitan area—both above-ground and underground—and later trams and buses.



