1920 Effets de Commerce Provisional--1914 50c Green Surcharged to 1 Franc–Pair Used in 1929 on a Bill of Exchange from H. Kemp in Rodange

1-Franc on 1914 50c Green (pair)
Surcharged value at center

Transfer by H. Kemp, Rodange, of 1340.50 Fr
to Peschon Kiees in Hobscheid,
5 Nov 1929,
Banque Arlonaise, Arlon,
75c Belgian fiscal applied,
8 Nov 1929

 
The provisional surcharges reflect the tax increase from 5% to 10% per 100 Fr. The new Effets series that appeared in 1922 also reflects the 10% tax rate.