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1 Franc - Emprunt garanti de 70 communes en zone occupée
| Issuer | 70 Communes of the Bapaume Region (Nord and Pas-de-Calais, Departments of) |
|---|---|
| Year | 1915 |
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| Printer | Henry Lefebvre, Cambrai, France |
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| Obverse lettering | 1 EMPRUNT GARANTI 1 par délibération du 23 Avril 1915 des 70 communes de Miramont, Irles, Courcelettes, Pys, Lesars, Ligny-Thilloy, Warlencourt, Grévilliers, Avesnes, Lefvilliers, Bihucourt, Achiet-le-Grand, Achiet-le-Petit, Ablainzevelle, Bucquoy, Coucelles, Ervilliers, Bapaume, Bancourt, Martinpuich, Riencourt, Beaulencourt, Gueudecourt, Behagnies, Flers, Le Transloy, Sailly-Saillisel, Frémicourt, Beugnatre, Favreuil, Vaulx-Vraucourt, Mory, Sapignies, Bertincourt, Halincourt, Villiers-au-Flos, Le Mesnil, Rocquigny, Barastre, Vélu, Bus, Lechalles, Ibras, Beugny, Beaumetz, Morchies, Moevres, Metz-en-Couture, Equancourt, Bayaucourt, Etricourt-Manancourt, Neuville, Fins, Sorel, Trescault, Havrincourt, Boursies, Delgifies, Gouzeaucourt, Ribecourt, Flesquières, Villers-Plouich, Heudicourt, Marcoing, Gonnenelieu, Lebucquière, Villers-Guislain, Hermies, Honnecourt, Graincourt. 4e Emission de 14 Millions 500.000 Francs Remboursable aux Caisses Municipales six mois après la signature de la paix UN FRANC La Commission de contrôle Pour être valable, tout bon doit porter le timbre de la Commission de contrôle N°89956 Série 2M IMP. HENRY LEFEBVRE CAMBRAI |
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| Protection type | Watermark |
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| Comments |
The occupied north of France in 1915 was cash-starved almost immediately after German forces disrupted normal banking. This note is part of a remarkable collective emergency issue — a guaranteed loan backed jointly by seventy communes across the Bapaume area, a form of municipal mutual guarantee essentially improvised under occupation. The printer, Henry Lefebvre of Cambrai, was himself operating inside occupied territory at the time of printing, which makes the watermarked paper an unusually deliberate security choice given the circumstances.
The seventy-commune structure is what distinguishes this issue from the dozens of single-municipality bons de nécessité that proliferated across the same region.