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Hot Springs Rail Road Company Stock, 1883 [130584]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:100.00 USD Estimated At:200.00 - 400.00 USD
Hot Springs Rail Road Company Stock, 1883  [130584]
SOLD
120.00USDto 6****A+ buyer's premium (30.00)
This item SOLD at 2021 Oct 31 @ 11:35UTC-7 : PDT/MST
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#28 for 18 shares to Joseph Reynolds. Signed by president Reynolds. Cancelled. No real edge, corner or discoloration issues, Embossed seal. Small vignette of steam train rolling by manufacturing area. Built to bring visitors to the Hot Springs in Arkansas. In 1878, wealthy Chicago businessman "Diamond" Joseph Reynolds decided to visit the hot springs to treat his rheumatism. The trip was rough and the stagecoach even broke down. According to legend, the riders had to walk to a farm to spend the night while the coach was repaired. After that he declared he would build a railroad line so he and other sick visitors didn't have to go through what he did. The narrow gage Hot Springs Rail Road was finished in 1875 and was often called the "Diamond Jo" line. The train coaches were made both comfortable and beautiful with rosewood and mahogany interiors, leather upholstery, silk curtains and velvet draperies. This rail line shortened the trip from Malvern to Hot Springs down to one hour. This was the only rail service into Hot Springs for 25 years.

Date: 1883
Country (if not USA):
State: Arkansas
City: Hot Springs
Provenance: