3260

Colorado Springs and Cripple Creek District Railway Co. (104860)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:50.00 USD Estimated At:100.00 - 300.00 USD
Colorado Springs and Cripple Creek District Railway Co.  (104860)
SOLD
50.00USDto j*********t+ buyer's premium (12.50)
This item SOLD at 2019 May 18 @ 11:40UTC-7 : PDT/MST
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Bond from the Colorado Springs and Cripple Creek District Railway Co. Incorporated in 1897 in Colorad. Certificate number 990 issued in 1900. Signed by Irving Howbert, and E. Draper. Printed by American Bank Note. Size 16 by 14 inches. In good condition. Canceled. First Mortgage 5%. Gold Bond. Allegorical vignette of two clothed women. two holes on upper left side. Bottom vignette is of train leaving station. 23 coupons attached. Signed by Irving Howbert. Howbert, along with General William Jackson Palmer, helped found Colorado Springs. In 1864, he enlisted in the Third Colorado Cavalry and fought with Colonel John Chivington in the Indian battle known as the Sand Creek Massacre in southeastern Colorado. He served as County Clerk and Recorder of El Paso County and later in the Colorado State Senate. Mine owners with mills in Colorado City (adjacent to Colorado Springs) organized and built The Colorado Springs and Cripple Creek Railroad or "Short Line" which traversed the south slope of Pikes Peak. The new railroad was able to force freight rates downward. Previously, Lucian D. Ross, Thomas Burk, James L. Lindsay, W.T. Doubt and Kurnel R. Babbitt organized the Cripple Creek District Railway Company to operate a 6.25-mile standard gauge railway with an overhead line between Cripple Creek and Victor, Colorado. The name was changed to Colorado Springs and Cripple Creek District Railway in 1899. An extension to Colorado Springs opened in April 1901. The Colorado and Southern Railway directed operations from 1904 to 1911.

Date: 1900
City/County:
State: Colorado