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Cape Girardeau Northern Railway Co (106442)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:25.00 USD Estimated At:50.00 - 80.00 USD
Cape Girardeau Northern Railway Co   (106442)
SOLD
70.00USDto 9******r+ (17.50) buyer's premium. + applicable fees & taxes.
This item SOLD at 2019 Jul 15 @ 18:08UTC-7 : PDT/MST
SHIPPING & HANDLING: Shipping and Handling cannot be estimated prior to invoicing, based on the size and weight of your purchase. All shipping is subject to a minimum charge of $19.00. If additional shipping and handling costs are required, the buyer will be reinvoiced for the balance due. Items are not shipped until the invoice is completely paid. Many buyers purchase a number of lots. Every effort will be made to include all lots in a single shipping charge calculated to cover the weight and...
$1,000 Cape Girardeau Northern Railway Co cert #230 1st Mortgage 5% Gold Bond. Signed by secretary and president. Green border and raised company seal. Printed: Security Bank Note Co. Phila. Primary reason for this railroad built by Louis Houck a Missouri railroad tycoon was to connect Cape Girardeau with towns to the north. Construction poor and original Cape Girardeau & Chester Railroad did poorly. Next railroad named Cape Girardeau Northern Railroad also was not successful. Built in 1905 and ran from Cape Girardeau to Jackson and a connection with the Missouri Pacific. Financial struggles overcame any profits and the railroad came close to bankruptcy. By 1925, the line was saved by the Missouri Pacific Railroad. They wanted it used as a short industrial spur in Cape Girardeau proper. Little exists of the railroad today,

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