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Big Blackfoot Railway Company Stock - NUMBER 1 - founders share, 1910 [123907]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:50.00 USD Estimated At:100.00 - 200.00 USD
Big Blackfoot Railway Company Stock - NUMBER 1 - founders share, 1910  [123907]
SOLD
80.00USDto b***d+ buyer's premium (20.00)
This item SOLD at 2021 Feb 12 @ 09:47UTC-8 : PST/AKDT
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Number 1 for 1 share to John R. Toole. Signed by Toole as president. Dateline Feb 11, 1910/. Steam locomotive exiting a tunnel vignette. Cancelled. No edge, corner or discoloration issues. Toole was an industrialist in Montana. He served in the Montana State Legislature in 1890. John R. Toole became president of this company shortly after he moved to Missoula. By 1900 the Big Blackfoot Milling Company had largely depleted its nearby timber supplies and moved further up the Blackfoot. The mill, now owned by the Anaconda Company, got most of its timber from logs cut and dumped into the river and floated down to Bonner. The mill decided to build semi-permanent camps further up the river and bought two Shay engines. They constructed the Big Blackfoot Railroad from the landing through Potomac to Greenough, some 14 miles. It was completed by 1904. This track had temporary branch lines, which could be moved when an area was cleared of timber. When logs reached McNamara’s Landing, they were dumped in the river and floated to Bonner. [bonnermilltownhistory.org]

Date: 1910
Country (if not USA):
State: Montana
City: Blackfoot
Provenance: Stuart Mackenzie Montana Railroad Collection