Bidspirit auction | A municipal promissory note for

A municipal promissory note for the supply of water to the village of Petach-Tikva. The 100 franc bill is given as a loan that brings a profit of 6% per cent. The bill was used to raise funds for the supply of water to the colony, with the ”heter iska as the rabbinic correction” The Petah Tikva Colony Committee. 1912. bearing the signatures of the heads of the colony. Treasurer Haim Sellor (?), secretary B. Machlis, and the head of the committee, Shlomo Zalman Gissin (?). On the banknote was affixed an Ottoman income stamp of 20 piasters. Petah Tikva was founded in 1878 as an agricultural settlement. One of the main problems of the founders and settlers of the colony was sources of funding and water supply, and many efforts were invested in this. Printing: A. Atin-Jaffa, Eretz Yisrael. Dimensions: 26x15 cm - The Scans are a Part of the Item description General Tags: stamp , stamps , Raphael , Israel