Budapest

Jewish Colonial
Trust Share

Theodore Herzl founded the Jewish Colonial Trust in 1899 to serve as a financial instrument for the Zionist movement. The Trust sold shares to Jews worldwide. The share certificate pictured here was issued in May, 1908 to Sigmand Deutsch of Budapest, Austria. It had a value of one pound sterling.

Jewish Colonial Trust Share
The Jewish Colonial Trust's activities focused on the purchase of the right of settlement in the Land of Israel from the Ottoman government and in granting credit for the establishment of Zionist activities in the Land of Israel.


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