French colonial holding company
La Compagnie Marocaine (the Moroccan Company) was a French colonial holding company founded in 1902 for the purpose of exploiting Morocco .[ 1]
History
In 1902, a group of industrialists led by Eugène Schneider II founded the company with the purpose of organizing commercial, industrial, and agricultural activities in Morocco .
Eugène Schneider II was its first president.
A man inspects the derailed Decauville locomotive belonging to La Compagnie Marocaine in 1907.
The Treaty of Algeciras of 1906, which formalized French preeminence in Morocco and precipitated the establishment of a French protectorate in Morocco , accorded a contract to construct modern ports in Casablanca and Asfi to Compagnie Marocaine . In fact, it was an attack on the company's Decauville train that incited the Bombardment of Casablanca in August 1907, marking the beginning of the French conquest of Morocco .[ 2]
Starting in 1911, in order to secure an increase in capital, the presidency went to a representative of the Banque de l'Union Parisienne .
It participated in the creation of the Compagnie des Chemins de Fer du Maroc (Railroad Company of Morocco) and become a main shareholder.
La Compagnie Marocaine was listed in the Paris Bourse in 1920.
Administration
List of presidents
1903-1911: Eugène Schneider II
1911-1914: Jules-Frédéric Lambert, marquis de Frondeville
1914?-1922: Max Boucard
1922-1923: Cornelis de Witt
1923-1958: Jacques Feray
See also
References
^ "الشركة المغربية: أول الغزاة" . زمان (in Arabic). 2018-02-06. Retrieved 2019-04-28 .
^ Adam, André (1968). Histoire de Casablanca, des origines à 1914 . Éditions Ophrys. p. 107.
Bibliography
Pierre Guillen, L'implatation de Schneider au Maroc, les débuts de la Compagnie marocaine (1902-1906) , 1965
André Adam, Histoire de Casablanca: des origines à 1914 , 1968
Mohamed Bouzidi, Histoire économique, le Maroc précolonial , 1981