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Atlantic-Pacific Railway Tunnel Co bond

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:100.00 USD Estimated At:200.00 - 400.00 USD
Atlantic-Pacific Railway Tunnel Co bond
SOLD
170.00USD+ (42.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 Oct 22 @ 15:47UTC-7 : PDT/MST
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Incorporated under the laws of the State of Colorado in the 1870's. by M.M. "Brick" Pomeroy. Company was organized to build a tunnel through the crest of the Rockies 58 miles West of Denver. While no railroad was ever constructed, largely due to Mr. Pomeroy's failing health and eventual death in 1896, the five mile tunnel project was a huge undertaking with about a mile completed on the east side and some work was done on the west side. Bond No 226 for $250, series B, first mortgage 8 percent (due March 1, 1907). signed by president M.M. Pomeroy Feb 23rd 1887, brown borders, vignettes: upper left bear with tongue hanging out looking l-r, , upper right train r-l at station seated Indian looks left at bottom. cox ref iu. Condition Extremely fine City: State: Date: HWAC# 81715