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1 Peso Oro Legal

Issuer Banco Industrial, Cartagena
Year 1905
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Currency Peso (1871-1907)
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Obverse description The obverse presents a classical allegorical female figure at left, draped in robes and holding a caduceus, with a globe at her feet, rendered in fine intaglio engraving. The upper portion bears the bank title EL BANCO INDUSTRIAL and CARTAGENA-COLOMBIA in bold letterpress, with PAGARÁ AL PORTADOR and the denomination UN PESO / ORO LEGAL in the central panel. Marginal columns on both sides carry annual interest payment schedules, with series and serial number cartouches at upper left and right; the note illustrated is a Specimen with zeroed serial numbers and a red SPECIMEN overprint.
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Reverse description The reverse is printed in green on white paper and carries a dense typeset legal text within a fine guilloche border. The upper heading reads CONTRATO CELEBRADO ENTRE EL GOBIERNO NACIONAL Y EL BANCO INDUSTRIAL, EL 18 DE MAYO DE 1918, followed by clauses citing Ley 24 de 1905 governing mortgage bond concessions. Two side panels in ornamental cartouches note interest accrual terms and amortization by annual lottery draws over ten years; cancellation punch holes are visible at lower left.
Reverse lettering CONTRATO CELEBRADO ENTRE
EL GOBIERNO NACIONAL Y EL BANCO INDUSTRIAL,
EL 18 DE MAYO DE 1918.
CLÁUSULA 3a
LEY 24 DE 1905 (17 DE ABRIL).
ART. 1º
GANA INTERESES AL ANUAL PAGADEROS POR ANUALIDADES VENCIDAS A PARTIR DE LA FECHA DE SU EMISIÓN.
ESTA CÉDULA ES AMORTIZABLE POR SORTEOS ANUALES EN EL CURSO DE DIEZ (10) AÑOS.
AMERICAN BANK NOTE COMPANY
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