2556

Canon City and Cripple Creek Electric Railroad Bond [130701]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:50.00 USD Estimated At:100.00 - 250.00 USD
Canon City and Cripple Creek Electric Railroad Bond [130701]
SOLD
110.00USD+ (27.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2021 Dec 18 @ 18:12UTC-8 : PST/AKDT
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#123 (nice progression) issued in 1897. Signed by Lyman Robison as president. Manufacturing themed valley ñ no train??? Under print $1000. All 60 coupons attached. Green on white. Small dog ears lower right. Light smudging lower right. Other than that in excellent condition. Hard to Find! $1000 5% gold bond. Not cancelled. #271. Organized in 1897 by Colorado railroad magnate David Moffat as a new branch of his Florence & Cripple Creek RR. Ran from Canon City to Cripple Creek thru Victor. Began by connecting the Florence & Cripple Creek Railroad to Canon City since Moffat was not receiving the land in Florence he needed for additional tailings processing facilities. Finding more support in Canon City, Moffat moved the Florence & Cripple Creek RR headquarters to Canon City and incorporated the new branch as a subsidiary, the Canon City & Cripple Creek Electric Railway. The line was placed into operation in 1900 and abandoned in 1912.

Date: 1897
Country (if not USA):
State: Colorado
City:
Provenance: