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Alcatraz Asphalt # 3: Alcatraz Company Bond (103548)

Currency:USD Category:Collectibles / Documents Start Price:50.00 USD Estimated At:100.00 - 200.00 USD
Alcatraz Asphalt # 3: Alcatraz Company Bond  (103548)
SOLD
50.00USD+ (12.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2019 May 16 @ 10:25UTC-7 : PDT/MST
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Rare. # 59 for $1,000. First Mortgage Gold Bond.Signed by president Northrup Cowle. (He is mentioned in the supporting document as someone who knows something about Asphalt.) Also signed by treasurer A Terry. Coupons 6 through 80 are attached. One horizontal fold. Very nice condition. This is the story of suing asphalt to pave streets in California. It is also the story of Williams H Crocker (youngest son of Charles Crocker , banker) and Prince Andre Poniatowski (Polish descent). It is the story of how the Prince bailed out Crocker from floundering in the Asphalt business. A two page letter is included and directed to Mr. Ken Prag to induce him to find value in the stock and bonds. The story is detailed and helps to make this a very historical and relevant piece. Ken Prag Collection

Date: 1899
City/County: Santa Barbara
State: California