SOLD
250.00USD+ (56.25) buyer's premium + applicable fees & taxes.
This item SOLD at 2015 Apr 12 @ 08:04UTC-7 : PDT/MST
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Annual Reports to the Stockholders of the Denver and Rio Grande, Co. for years 1882, Printed by William Mann & Son, Railroad Stationers and Printers, New York. Colorado R. R. map in front of this report. 1886, titled: First Annual Report, printed by The Gazette Publishing Company, Colorado Springs. Also dated 1886 is a First Consolidated Mortgage, Four per cent. Gold bond. 1893, 1896-97, printed by News Printing Company, Denver, Colorado. 1898, 1901-02, 1904-08, 1911 reports all printed by The Smith-Brooks Printing Company, Denver, Colorado. There is a 14.75" x 20" color fold out map attached to inside back cover of reports 1898-1908. (9" x 6") pages vary. Back cover of 1911 report missing. Most of the reports are in very good condition. Included is a copy of the By-Laws of The Denver and Rio Grande Co., adopted April 17, 1912.
The Denver & Rio Grande Western Railroad (reporting mark DRGW), often shortened to Rio Grande or D&RGW, formerly the Denver & Rio Grande Railroad, was an American Class I railroad company. The railroad started as a 3 ft (914 mm) narrow gauge line running south from Denver, Colorado in 1870. It served mainly as a transcontinental bridge line between Denver, and Salt Lake City, Utah. The Rio Grande was also a major origin of coal and mineral traffic. In 1988, the Rio Grande's parent corporation, Rio Grande Industries, purchased Southern Pacific Transportation Company, and as the result of a merger, the larger Southern Pacific Railroad name was chosen for identity. Today, most former D&RGW main lines are owned and operated by the Union Pacific Railroad; several branch lines are now operated as heritage railways by various companies.
The Rio Grande was the epitome of mountain railroading, with a motto of Through the Rockies, not around them and later Main line through the Rockies, both referring to the Rocky Mountains. The D&RGW operated the highest mainline rail line in the United States, over the 10,240 feet (3,120 m) Tennessee Pass in Colorado, and the famed routes through the Moffat Tunnel and the Royal Gorge. At its height, around 1890, the D&RG had the largest operating narrow gauge railroad network in North America. Known for its independence, the D&RGW operated the last private intercity passenger train in the United States, the Rio Grande Zephyr.
The Denver & Rio Grande Railway (D&RG) was incorporated on October 27, 1870 by General William Jackson Palmer and a board of four directors. It was originally announced that the new 3 ft (914 mm) railroad would proceed south from Denver and travel an estimated 875 miles (1,408 km) south to El Paso via Pueblo, westward along the Arkansas River, and continue southward through the San Luis Valley of Colorado toward the Rio Grande. Closely assisted by his friend and new business partner Dr. William Bell, Palmer's new "Baby Road" laid the first rails out of Denver on July 28, 1871. Narrow gauge was chosen in part because construction and equipment costs would be relatively more affordable when weighed against that of the prevailing standard gauge. Palmer's first hand impressions of the Ffestiniog Railway in Wales buoyed his interest in the narrow gauge concept which would prove to be advantageous while conquering the mountainous regions of the Southwest. Eventually the route of the D&RG would be amended (including a plan to continue south from Pueblo over Raton Pass) and added to as new opportunities and competition challenged the railroad's expanding goals.
Feverish, competitive construction plans provoked the 1877–1880 war over right of way with the Atchison, Topeka and Santa Fe Railway. Both rivals hired gunslingers and bought politicians while courts intervened to bring settlement to the disagreements. One anecdote of the conflict recounts June 1879 when the Santa Fe defended its roundhouse in Pueblo with Dodge City toughs led by Bat Masterson; on that occasion, D&RG treasurer R. F. Weitbrec paid the defenders to leave. In March 1880, a Boston Court granted the AT&SF the rights to Raton Pass, while the D&RG paid an exorbitant $1.4 million for the trackage extending through the Arkansas River's Royal Gorge. The D&RG's possession of this route allowed quick access to the booming mining district of Leadville, Colorado. While this "Treaty of Boston" did not exactly favor the purist of original D&RG intentions, the conquering of new mining settlements to the west and the future opportunity to expand into Utah was realized from this settlement.
By late 1880 William Bell had begun to organize railway construction in Utah that would become the Palmer controlled Denver & Rio Grande Western Railway in mid-1881. The intention of the D&RGW (aka the "Western") was to work eastward from Provo to an eventual link with westward bound D&RG in Colorado. This physical connection was realized near Green River, Utah on March 30, 1883, and by May of that year the D&RG formally leased its Utah subsidiary as previously planned. By mid-1883, financial difficulties due to aggressive growth and expenditures led to a shake up among the D&RG board of directors, and General Palmer resigned as president of the D&RG in August 1883, while retaining that position with the Western. Frederick Lovejoy would soon fill Palmer's vacated seat on the D&RG, the first in a succession of post Palmer presidents that would attempt to direct the railroad through future struggles and successes. Following bitter conflict with the Rio Grande Western during lease disagreements and continued financial struggles, the D&RG went into receivership in July 1884 with court appointed receiver William S. Jackson in control. Eventual foreclosure and sale of the original Denver & Rio Grande Railway resulted within two years and the new Denver & Rio Grande Railroad took formal control of the property and holdings on July 14, 1886 with Jackson appointed as president. General Palmer would continue as president of the Utah line until retirement (due to company re-organization) in 1901.
City:
State: Colorado,
Date:
FHWAC#: 27039
Auction Location:
3555 Airway Drive Suite 309, Reno, Nevada, 89511, United States
Nevada State Sales Tax
Taxes:
| Tax | Rate | Desc. |
| NSST |
7.75% |
Nevada Sales Tax |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
22.5% |
Additional Fees:
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Western Prospects: Discovering
Americana & Numismatics
Absentee Bidding will end
Thursday, April 9th, 2015 at 5pm PDT,
Internet bids accepted any time
Terms and Conditions
1. This is a Live Auction conducted by Holabird’s Western
Americana Collections LLC (HWAC).
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note that there may be delays or interruptions in internet
connectivity that are beyond our control. Attending the live
auction or arranging for an agent is the most reliable way to secure
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WARNING: Auction participation through the live internet bidding
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under development, and the operation of it and the corresponding
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have attempted to use the live internet bidding process as their
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generally reserved at or near spot, though it could be slightly below
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and in whole dollar amounts only in the appropriate increments
as outlined below. If you choose to submit bids in an increment not
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questions about an appropriate bid amount, please call us.
From: To: Increment:
$1 $95 $5
$100 $190 $10
$200 $475 $25
$500 $1,450 $50
$1,500 $3,400 $100
$3,500 $9,750 $250
$10,000 $max $500
9. Bid Reduction: All winning absentee bids will be reduced, if
necessary, to the next bidding increment up from the last competing
bid, as long as the minimum bid requirement has been met. For
example, if you submit an absentee bid of $1000 and the next highest
competing bid is $250, then you will win the lot for $275.
10. Bid Information: Collectors often ask in advance the price level
of a particular lot. We will give out the current high absentee bid until
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bidding deadline might not be reflected online, and we disclaim any
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email, or fax are not advisable. Errors are easy to make and we are
happy to assist all callers.
12. All stock certificates, checks, warrants, and other financial
documents sold herein are sold as antiquities, and have no
financial, securities, or public trading value whatsoever.
13. We reserve the right to reject any bid we feel is not made in
good faith.
14. The placing of a bid shall constitute the bidder’s acceptance
of these terms of sale.15. Buyer’s Premium: There will be a 19.5% Buyer’s Premium
added to each lot. US coins, nuggets, and bullion are calculated at
a 15% buyer’s premium. These premiums include a 3% discount
for transactions paid with cash, checks, money orders or wire
transfers. All other forms of payment are not subject to the 3%
discount and the Buyer’s Premium will be calculated at 22.5%
(18% on US coins, gold, & currency.)
15.Buyer’s Premium: There will be a 19.5% Buyer’s Premium
added to each lot. US coins, nuggets, and bullion are calculated at
a 15% buyer’s premium. These premiums include a 3% discount
for transactions paid with cash, checks, money orders or wire
transfers. All other forms of payment are not subject to the 3%
discount and the Buyer’s Premium will be calculated at 22.5%
(18% on US coins, gold, & currency.)
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items that ship to or is picked up in Nevada (7.725%) unless a
current, valid resale certificate is faxed to us at 775-851-1834
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Invoices are mailed or emailed within two business days after the
close of all portions of the sale. Within 15 calendar days of receipt
of invoice, payment is due in full to Holabird’s Western Americana
Collections, 3555 Airway Dr., #308, Reno, NV 89511. Sales tax will
be added to all sales picked-up after the auction or shipped to
Nevada addresses, according to state law, unless a resale certificate
is provided.
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a $25 fee. Cash received in amounts greater than $10,000 is subject
to the filing of IRS form 8300, as required by law.
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is responsible for all shipping charges. We do not ship any
purchases until the auction invoice is paid in full. Purchases
will be shipped via our approved, insured carriers: Federal Express
or the US Postal Service. All items shipped Federal Express or USPS
will be insured for the full value determined at auction by HWAC at
no extra cost to the buyer. Federal Express shipments will be sent
the Monday, Tuesday or Wednesday following receipt of payment.
Pick up is available from our Reno office the next business day after
the auction. NOTE: Some shipments (of unusual size, dimension,
or weight) may require special handling for which individual costs
will be calculated and applied to the shipping charge on the invoice.
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not paid in full within 15 days. A cancelled invoice does not relieve
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lot(s) securing the invoice to any underbidders in the auction that
the lot(s) appeared, or at subsequent private or public sale, or relist
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a 10% seller’s commission, if consigned to an auction conducted
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between his or her total original invoice for the lot(s), plus any
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future Holabird’s Western Americana auctions.
21. Condition: We strongly recommend that you attend the live
preview to see lots in their entirety. Conditions are not always
noted, and large lots may not be itemized due to catalog restraints.
For questions, detailed information, or additional images of any lot
please contact our office at 775-851-1859. Bidders are responsible
for understanding the condition of items. Conditions noted are
subjective, and may differ in the opinion of different people or
collectors.
22. Return Policy: All items are guaranteed to be authentic unless
otherwise noted. If authenticity is challenged, please call our office
for assistance. You may return any piece that was significantly
inaccurately described by calling our office within 15 days of
receipt of item(s) and notifying us of the error and reason for
return. We do not refund postage or insurance. We have attempted
to describe the items and their condition accurately. If no condition
is given, assume average. Please call us if you require a more
specific condition report. Any items that are returned must be
returned in the exact, unaltered condition. NGC certified tokens
that are returned must be original, unaltered NGC holders. Any
tokens removed from the original NGC/NCS certification holders or
items returned in an altered condition are deemed not returnable
under any circumstances. When we receive your bids we will
assume you have read the description in the catalog, viewed the
image of the item, have contacted us regarding any questions you
may have on any lot and/or have previewed the lot in person.
Therefore, returns are only accepted if prior approval is given by
Holabird’s Western Americana Collections.
23. This sale is being held under the laws of the state of Nevada,
without reference to choice of law rules.
24. HWAC shall not be held responsible for any problem
due to the bidders failure to follow the rules, terms and
conditions of this sale, or any failure to bid due to the loss
of the online auction process provided by any of the online
auction networks; or missed bids, changed bids or cancelled
due the bidders failure to follow the proper bidding procedure
outlined herein.
25. By placing a bid or otherwise participating in the auction,
Bidder accepts these Terms and Conditions, and specifically agrees
to the dispute resolution provided herein.
26. HWAC shall not be responsible for consequential damages,
incidental damages, compensatory damages, or any other damages
arising or claimed to be arising from the auction of
any lot. Bidder’s sole remedy for any proven act or omission shall
be rescission of sale and refund of the amount paid by Bidder.
27. Any claim, dispute, or controversy in connection with, relating
to and/or arising out of the Auction, participation in the Auction,
award of lots, damages of claims to lots, descriptions, condition
reports, provenance, estimates, return and warranty rights, any
interpretation of these Terms and Conditions, any alleged verbal
modification of these Terms and Conditions and/or any purported
settlement shall be exclusively heard by, and the parties consent to
exclusive in personam jurisdiction of, the Superior Court of Washoe
County, Nevada. THE PARTIES EXPRESSLY WAIVE ANY RIGHT TO
TRIAL BY JURY. Any claim must be brought within one (1) year of
the auction from which the claim arose or the claim is waived. In
every case, the prevailing party shall be entitled to an award of its
attorney’s fees and costs.