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1871 Chicago And South Western Railway Company (Atchison Branch)

 

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Stock Code VM-CSW1871

  Rare, first mortgage, 30 year 7% $1000 gold bond, dated June 1871. Orange stamp and red paper seal. Large vignette of train on bridge and boats in harbour. Original signatures of H M Allen, company secretary, president and treasurers.

Certificate size, without coupons, is 42 cm wide x 27 cm high (17.5" x 11"). It can be mounted in a mahogany frame, with gold inlay, if required.

A perfect personalised gift for someone who:

  • works or worked in the railroad industry or
  • has the surname Allen

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Framed Certificate Price : £480.00

Certificate Only Price : £410.00

 

 

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The track was opened on October 9th 1871 and went from Wilton (Iowa) to Leavenport (Kansas), a stretch of 353 miles. It was controlled by the Chicago Rock Island & Pacific Railroad. The loan of $1,000,000 was not guaranteed and 1,000 bonds of $1000 each, with 7% tax free interest payable in gold every half year on June 1st and December 1st. The sum of $1,000 in gold was to be paid back on June 1st 1901. The bonds were sold in 1871 in Frankfurt, Berlin and Dresden. The coupon on December 1872 was already not paid, nor any later ones . The  Atchison Branch was sold to Johannes Berg, a trustee of the company, on 16/08/1871. He later sold it to the Iowa Southern and Missouri Northern Railroad Company

 

 

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