Cuban Investments 20 



DESCRIPTION OF THE BANK 



The Banco Territorial has a charter for 99 

 years from the Cuban Government for carrying 

 on the business of loaning money on improved 

 real estate, both city and country, to the extent 

 of 50% of the assessed value of the same, and 

 secured by absolute first mortgages, no prior 

 liens being allowed. 



The capital of the Bank is $5,000,000.00 U. S. 

 Gold, fully paid. 



Besides its headquarters in Havana, this bank 

 has thirty-five branches throughout the Republic. 



