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Denver, Texas and Fort Worth Railroad Co. Certificate of Funded Interest (104830)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:25.00 USD Estimated At:50.00 - 200.00 USD
Denver, Texas and Fort Worth Railroad Co. Certificate of Funded Interest  (104830)
SOLD
110.00USD+ (27.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2019 May 18 @ 12:10UTC-7 : PDT/MST
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Certificate from the Denver, Texas and Fort Worth Railroad Co. Certificate of Funded Interest. Incorporated in 1887. Certificate number 547 issued on November 1, 1889. Signed by Grenville M. Dodge. Printed by Sackett & Wilhelms Litho. Co. New York. Size 8.5 by 12 inches. Very nice condition, Not cancelled. Nice vignette of train rolling, with eagle facing left, and watching. $1000 certificate of funded interest. Embossed seal, ornate border in burnt orange color, attached via fold a complete page of $25 payment coupons. Slight creases but otherwise excellent condition. Signed by Grenville Dodge. Major General Grenville M. Dodge fought for the North in the Civil War taking on special assignments from Grant and Sherman, and leading many espionage and military intelligence operations, suffering many injuries as a result of his military career. He was a skilled surveyor and civil engineer who built several major railroad lines and is credited with more than 10,000 miles of railroad on the estimated 60,000 miles he had surveyed. He helped build the Union Pacific, the Texas and Pacific, and other railroads in the Southwest as well as in Europe: Germany, Italy and Russia. He served as President of the American, the Pacific, and the International Railway Improvement Companies, and of the Missouri, Kansas and Texas Railroad, as well as of others, and served as Director of the Union Pacific for approximately 30 years, working in the industry until 1902. Grenville Dodge was a colorful and important character in the wild west -- he is the namesake and founder of historic Dodge City, and was known as "Long Eye, Hawk Eye and Sharp Eye" by Native Americans, whom he captured as laborers to lay rails in exchange for food and clothing. Dodge organized the Texas and Colorado Railway Improvement Company to build and equip the Fort Worth and Denver City RR in return for $20,000 in stock and $20,000 in bonds for each mile of track laid crossing 2,162 acres of state lands with only right-of-way access. The Fort Worth and Denver City Railway, AKA the "First Railroad through the Texas Panhandle" pioneered transportation in the old buffalo and Indian frontier and the open-range cattle empire. It was chartered by the Texas Legislature on May 26, 1873, but building was delayed by the Panic of 1873 until General Dodge began grading in 1881 at Hodge, near Fort Worth. Private investors pushed the rails northwestward, in spite of the 1882 repeal of the Texas Land Grant Act and many towns, such as Amarillo, began as camps for railroad building crews. On March 14, 1888, connection was made with the Denver, Texas and Fort Worth Railroad, completing the through route to Denver and earning the line it's nickname, "The Denver Road". The RR provided service between Fort Worth and Denver beginning on April 1, 1888 and increased it's mileage to 176.42 early in 1889. In 1890 the Denver, Texas and Fort Worth became part of the Union Pacific, Denver and Gulf Railway Company. In 1908 the Fort Worth and Denver City became a part of the Burlington System; in 1951 the name was changed to Fort Worth and Denver Railway Company. (History of Denver: With Outlines of the Earlier History of the Rocky Mountain Country by Jerome Constant Smiley and J.H. Williamson, 1901; Texas State Historical Association: William Billingsly; Encyclopedia of World Biography 2004 The Gale Group Inc.)

Date: November 1, 1889
City/County:
State: Colorado