Note * — BOOK III (continued 2)
Ernest Alfred Vizetelly translation
This kind of stock is common enough in France. A part of it is extinguished annually at a public "drawing," when all such shares or bonds that are drawn become entitled to redemption at "par," a percentage of them also securing prizes of various amounts. City of Paris Bonds issued on this system are very popular among French people with small savings; but, on the other hand, many ventures, whose lottery stock has been authorised by the Legislature, have come to grief and ruined investors.—Trans.