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Marietta and North Georgia Railway Company Gold Bond

Currency:USD Category:Western Americana / Collectibles - Railroad Start Price:50.00 USD Estimated At:100.00 - 200.00 USD
Marietta and North Georgia Railway Company Gold Bond
SOLD
50.00USD+ (12.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 Mar 18 @ 10:07UTC-7 : PDT/MST
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Number 616. $1000. Not signed. 92 of 100 coupons still attached. Issued? Three pages each measuring 15 x 9". Vignette of Steam Locomotive in front of a southern depot. The Ellijay Railroad, incorporated in 1854, was the first attempt to build a rail line from Marietta to the north Georgia mountains. It was followed by the Marietta, Canton & Ellijay Railroad, but neither it nor the Ellijay RR managed to build any tracks. The Marietta & North Georgia Railroad had much more success in attracting investment (including state assistance through convict labor). Construction on the 3-ft gauge line started in 1874, and the line from Marietta to Canton was completed in May 1879. It was extended to Ballground in 1882, Marble Cliff in 1883, Ellijay in 1884, and Murphy, NC, in early 1887. In 1887 the company was renamed the Marietta and North Georgia Railway. The Louisville & Nashville Railroad acquired the line in 1902. [railga.com] (Al Adams Gold Rush Memorabilia Collection) Date: 1887 Location: Georgia HWAC# 55053