2673

Missouri, Kansas and Texas Railway Co. Stock Group 9-Green (1886)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:75.00 USD Estimated At:150.00 - 1,000.00 USD
Missouri, Kansas and Texas Railway Co. Stock Group 9-Green (1886)
SOLD
110.00USDto j*********t+ buyer's premium (21.45)
This item SOLD at 2014 Nov 03 @ 10:50UTC-7 : PDT/MST
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65 issued and cancelled stocks. 59 issued in 1886. 6 issued in 1888. All have green border with vignette of cows grazing. Printed by American Bank Note Company, New York. Condition: toning, wrinkles, punch holes. (MIS-716-S-17 ic) The Missouri, Kansas and Texas Railway (MTK) was the first railroad to enter Texas from the north. It was chartered in 1865 in Kansas by the Union Pacific RailwayÍs southern branch. After the Civil War, a resolution was passed in Congress to make sure the track made it to Texas, whose railroads didnÍt connect to other states at that time. The first train arrived in Texas (near Denison) on Christmas Day in 1872. Important 19th-century figures like J.P. Morgan and John D. Rockefeller were involved with the railroad. The company made history with a stunt that would never be approved of today. On September 15, 1896, the company purposefully collided two locomotives as a promotional event that was attended by 40,000 people. The promoters perhaps failed to anticipate what happened next: after the collision, the locomotive boilers exploded, sending hot shrapnel into the crown and resulting in 3 deaths and many injuries. [Ref: http://www.tshaonline.org/handbook/online/articles/llc01] Date , TX hwac 21041