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Bond to Build San Francisco & San Jose Rail Road, 1862, Very Rare [129559]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:250.00 USD Estimated At:500.00 - 1,500.00 USD
Bond to Build San Francisco & San Jose Rail Road, 1862, Very Rare  [129559]
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Santa Clara, $1000 Bond certificate #135, issued in 1862 and signed by the County auditor, treasurer, county clerk and the president of the Board of Supervisors. This bond was to finance the building of the San Francisco and San Jose Railroad. The total float of this issue was to be $200,000. The San Francisco and San Jose Railroad (SF& SJ) was a railroad which linked the communities of San Francisco and San Jose, California, running the length of the San Francisco Peninsula. The company incorporated in 1860 and was one of the first railroads to employ Chinese laborers in its construction. It opened the first portion of its route in 1863, completing the entire 49.5-mile (80 km) route in 1864. The company was consolidated with the Southern Pacific Railroad in 1870 (wiki). Large vignette of a train leaving the station at the top with a small steamer at right and a man on horseback herding cattle at the bottom. Tight trim on the borders and red pen canceled. Britton & Rey, San Francisco, printer. One coupon is attached at the bottom. Listed as variety SAN-833-B-40 in Cox. This bond is very rare.

Date:
Country (if not USA):
State: California
City: San Francisco
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