5514

Holly, Wayne & Monroe Railway Co Revenue Imprinted Bonds (106181)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:50.00 USD Estimated At:100.00 - 200.00 USD
Holly, Wayne & Monroe Railway Co Revenue Imprinted Bonds   (106181)
SOLD
140.00USDto r********n+ (35.00) buyer's premium. + applicable fees & taxes.
This item SOLD at 2019 Jul 15 @ 11:36UTC-7 : PDT/MST
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7 cancelled Holly, Wayne & Monroe Railway Co., 8% 1st Mortgage Sinking Fund Bond Trustee's Certificate @ $1,000 each in very good condition. Principal Due Jan. 1, 1901. Green raised seal with brown border. Nice vignette of train running through city with town in background. Signed by 3 trustees. Printed: Henry Seibert & Bros., Ledger Bldg. cor Williams & Spruce St. N.Y. Holly, Wayne and Monroe Railway is a defunct railroad which operated in southeast Michigan during the early 1870's being chartered in 1865. Construction from Holly toward Monroe did not begin until 1870. Company had experienced financial difficulties and may have received help from the Flint and Pere Marquette Railroad before they bought it in 1872. Line reached Milford, Novi, Northville and Plymouth. That same year the Flint and Pere Marquette Railroad bought the Holly, Wayne and Monroe Railway and it ceased to exist as an independent company.

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