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100 Francs

Issuer Crédit Agricole et Industriel de la Broye
Year 1872
Type Standard circulation banknote
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Obverse description Blue lithographed note printed by Hofer of Zürich, with the issuer's name arched across the upper field and the date "ESTAVAYER, le 28 Août 1872" at the top centre. Four scenic vignettes occupy the corners, each depicting local Swiss landscapes and architectural views, while an elaborate rococo guilloche border frames the central text. Three signature lines for the President of the Direction, an Administrator, and the Secretary-Cashier appear below the denomination, with the numeral "100" repeated on either side within ornamental panels.
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Reverse description Printed entirely in blue, the reverse centres on a large ornate cartouche with scrollwork surround, bearing the inscriptions "CRÉDIT AGRICOLE ET INDUSTRIEL DE LA BROYE" and "A ESTAVAYER" within an oval panel. Above the cartouche, a heraldic vignette displays a Swiss cross and a crowned lion, flanked by draped elements. Four dark diamond-shaped guilloche panels, each bearing the numeral "100", are positioned at the four corners of the note against a fine blue lathe-work underprint.
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Comments

The Crédit Agricole et Industriel de la Broye was one of the short-lived cantonal credit institutions that proliferated in the Fribourg region during the third quarter of the nineteenth century, issuing notes against local agricultural and commercial lending activity rather than through any central banking framework. Swiss private note issuance remained a patchwork until the Federal Banking Law of 1881 began consolidating the right to issue, and the establishment of the Swiss National Bank in 1907 rendered all such regional paper permanently obsolete.

Hofer of Zürich was a competent but minor regional printer; this note's survival in any form is partly a function of low original circulation volumes in a predominantly rural district.