2478

Colorado Central Railroad Co. Stock, Signed by Loveland & Teller, with RNT4 [160286]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:250.00 USD Estimated At:500.00 - 1,000.00 USD
Colorado Central Railroad Co. Stock, Signed by Loveland & Teller, with RNT4 [160286]
SOLD
275.00USD+ applicable fees & taxes.
This item SOLD at 2023 Mar 31 @ 15:07UTC-7 : PDT/MST
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Rare Colorado railroad stock with imprinted revenue. No. 63, issued to WAH Loveland for 100 shares in March 1872. Signed on the reverse by Loveland. Signed by Henry M. Teller as president (signs over the revenue stamp) and treasurer John Taft. Pen and punch cancelled. Black border and print. Great vignette of train and Conestoga wagons with mountains in the background. RNT4 imprinted revenue stamp. 7.5 x 1.5" (with stub). Folds, creases. Loveland was a U.S. railroad entrepreneur and businessman. He was one of the founders of the Colorado Central Railroad and a principal figure in the early history of Colorado. The town of Loveland is named after him. Henry Teller was a prominent Colorado businessman and lawyer. He also served as a US Senator from 1876-1882 and 1885-1909, and as Secretary of the Interior between 1882 and 1885. The railroad was chartered as the Colorado and Clear Creek Railroad Company on February 9, 1865 by Loveland. On January 20, 1866, the name of the railroad was changed to the Colorado Central & Pacific Railroad. The following year, in June 1867, the company was reorganized with the Union Pacific investors in control. It operated in Colorado and southeastern Wyoming in the late 19th century. It was founded in the Colorado Territory in the wake of the Colorado Gold Rush to ship gold from the mountains. It expanded from its Golden-Denver line to form a crucial link connecting Colorado with the transcontinental railroad and the national rail network. The history of the railroad throughout the 1870s was driven at times by a fierce struggle between local interests, led by W.A.H. Loveland, and outside investors of the Union Pacific Railroad at times by Jay Gould.

Date: 1872
Country (if not USA):
State: Colorado
City:
Provenance: Gary Bracken Collection