4% Anleihe der Wladikawkas Eisenbahn-Gesellschaft. Text is in Russian, German and Dutch. Dated at St.-Petersburg, 1894, for 625 Gold Roubles (five obligations of 125 Gold Roubles each) = 2020 Mark D. R.-W. = Sterling 09.17.8 = 2500 Francs = 1195 Dutch Florins. Issued and uncancelled, certificate is in good condition, with fold marks/creases, light edgewear, tape residue to the back, and coupons 48-60 and the talon included. 28 x 40 cm.