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Atlantic-Pacific Railway Tunnel Co. Bond (104826)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:50.00 USD Estimated At:100.00 - 300.00 USD
Atlantic-Pacific Railway Tunnel Co. Bond (104826)
SOLD
90.00USDto l*******c+ buyer's premium (22.50)
This item SOLD at 2019 May 18 @ 11:09UTC-7 : PDT/MST
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Bond from the Atlantic-Pacific Railway Tunnel Co. Number 849, Series B issued in 1887 at Denver. Signed by secretary A. Whitaker. Printed by American Bank Note Co. / New York. Size 9.25 by 13.875 inches. Rips and tears. Not cancelled. Nice vignette of grizzly bear, and train at a station. And, at the bottom of the page, and Indian chief, watching miners. $250 1st mtg 8% bond. Pomeroy worked on this railway tunnel through the Divide for a twenty year period and never made it. While no railroad was ever constructed, the five mile tunnel project was a huge undertaking. About a mile was completed on the east side and some work was done on the west side. The tunnel was to carry a railroad from Stevens Gulch through Kelso Mountain and through the Divide, exiting near Decatur on the Snake River. The company did acquire some mining claims near the east portal (Ellis & Ellis). Small vignette of a train going through the mountain and the names of the mountain peaks such as Torry's Peak and Mt. of Holy Cross above.

Date: 1887
City/County:
State: Colorado