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IMechE register of debentures and debentures
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IMechE register of debentures and debentures
IMechE register of debentures and debentures etc, 1912 Date: 1912
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Media ID 8836495
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Engineers Imeche Institution Mechanical Register
EDITORS COMMENTS
This historic print showcases a page from the IMechE (Institution of Mechanical Engineers) Register of Debentures and Debenture Holders from the year 1912. The Institution of Mechanical Engineers, founded in 1847, is one of the most prestigious engineering institutions in the world. The register is a testament to the organization's rich history and its role in facilitating the financing of engineering projects through the issuance of debentures. Debentures are long-term, unsecured loans that allow borrowers to raise capital for various projects. In the early 20th century, debentures were a popular form of financing for large-scale engineering projects, including infrastructure development and industrial construction. The IMechE Register of Debentures and Debenture Holders served as a record of all debentures issued by the Institution, as well as the names and addresses of the debenture holders. This register was an essential tool for both borrowers and investors, as it provided transparency and accountability in the issuance and management of debentures. The intricately detailed print reveals the meticulous organization of the register, with columns for the name of the borrower, the amount of the debenture, the date of issue, and the date of redemption. The ornate design of the page, with its intricate borders and embossed seal, underscores the importance and significance of the institution and the financial transactions recorded within. This print offers a fascinating glimpse into the financial and engineering landscape of the early 20th century, providing insights into the role of the Institution of Mechanical Engineers in facilitating engineering projects and the use of debentures as a financing mechanism.
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