The Galician Bank for Trade and Industry in Krakow was established in 1911. It issued 4.5% mortgage bonds in crown currency, and from 1920, after changing its name to Bank Małopolski SA, also in mark currency. In 1927, these issues were converted to PLN currency. After the incorporation of Bank Małopolski into the structure of the Warsaw Discount Bank in 1930, the service of mortgage bonds was taken over by Akcyjny Bank Hipoteczny.
The object of the auction is a 4.5% pledge letter section of 200 crowns converted in 1927 to 14.50 zlotys (dark blue valorization stamp).
A rare and interesting pledge letter
