Eureka & Palisade Railroad Company Bond #77256

Currency:USD Category:Collectibles / Railroadiana, Trains Start Price:200.00 USD Estimated At:400.00 - 600.00 USD
Eureka & Palisade Railroad Company Bond  #77256
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$1,000 cancelled Negotiable Certificate for Eureka & Palisade Railroad Company. Receipt for 1st Mortgage Bond. !st mortgage 7% Gold Bond. Green border Inc. CA. Dated Jan 23, 1901, issued to Frank Miller, Trustee. 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. .
State: California City: Date: