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Eureka & Palisade Railroad Company Bond (77255)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:250.00 USD Estimated At:500.00 - 1,000.00 USD
Eureka & Palisade Railroad Company Bond  (77255)
SOLD
250.00USDto S*****3+ buyer's premium (62.50)
This item SOLD at 2019 Mar 10 @ 16:52UTC-7 : PDT/MST
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$1,000 cancelled Eureka & Palisade Railroad Company Bond #391 with 26 cancelled coupons issued to D. O. Mills of S.F. Gray border with gold company seal. Vignette of train running on track on top and bottom, 3 smaller vignette of workers. Inc. NV. Eureka & Palisade Railroad was a narrow gauge railroad built from 1873-1875 between Palisade and Eureka, NV, about 85 miles. Railroad built to connect Eureka, the center of a rich silver mining area, with Palisade which connected the national railway network. Due to financial concerns and reorganizations railroad became "Eureka and Palisade Railway" and then "Eureka Nevada Railway." Eureka & Palisade Railroad was built in 1875 to carry silver-lead ore from Eureka, NV, to the Southern Pacific Railroad trunk line that ran through Palisade. John Sexton manager of the line, tried to keep line running but it succumbed to the effects of flood, fire, competing road traffic, and dwindling amounts of ore extracted in Eureka. The rails and rolling stock of the last surviving narrow gauge railroad in Nevada were removed in 1938. The Eureka, one of the railroad's only surviving steam locomotives, is listed on the US National Register of Historic Places. Price - AS IS. Printed: Lith. Britton, Rey & Co. SF. Prag collection.


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State: Nevada