4580

Denver Circle Railroad Company Signed by William A. H. Loveland (91023)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:75.00 USD Estimated At:150.00 - 250.00 USD
Denver Circle Railroad Company Signed by William A. H. Loveland  (91023)
SOLD
150.00USDto a****y+ buyer's premium (37.50)
This item SOLD at 2019 Mar 10 @ 16:19UTC-7 : PDT/MST
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100 shares at $100 each of Denver Circle Railroad Co. cert. # 41 issued to George W. Ware, dated Mar 26, 1883. Assigned. Signed by W A H Loveland, pres. and H E D. perky, secy. Green border. Vignette of train circling city with snow capped mountains in background. Initial track covered 2-1/2 miles and even with expansions the operation was never profitable. In 1886, the Denver and Santa Fe RR bought it at a foreclosure sale with the intention of using the right of way to access downtown. Made investments and paid all of the Circle’s debts. Population opposed heavier traffic and wider tracks. City denied renewal under the new organization. The D and SF abandoned the tracks in 1898 when replaced by Denver Tramway Co electric trolleys. Tracks eventually dismantled in part over time. Some salvaged other buried. Printed: Kendall Bank Note Co., New York. William Austin Hamilton Loveland (May 30, 1826 – 1894) was a U.S. railroad entrepreneur and businessman in the late 19th century. An early resident of Golden when it was the capital of the Colorado Territory, he was one of the founders of the Colorado Central Railroad and a principal figure in the early history of Colorado. As president of the Colorado Central, he was instrumental in the expansion of the railroad network into the mining communities of Colorado. For much of the 1870s Loveland waged a fierce struggle with Union Pacific investors for control of the Colorado Central. He also served as Lieutenant Governor of Colorado. Loveland, Colorado is named after him. Prag collection

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State: Colorado