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Nevada Central Railroad 1881 Pass

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:300.00 USD Estimated At:600.00 - 1,000.00 USD
Nevada Central Railroad 1881 Pass
SOLD
375.00USD+ (93.75) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 Dec 09 @ 10:02UTC-8 : PST/AKDT
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Ultra rare and early pass. No. 73, issued for the 1881 year to W.W. Walker, esq, vice president and superintendent for St. Louis, Hannibal & Keokuk Railroad. Signed by John Hoollett (?) as president. Printed on pink cardstock by J.M. W. Jones Co., Chicago. Upper right corner has been repaired. Minor soiling. This railroad ran 93 miles from Austin, Nevada to Battle Mountain. Its completion is a classic Western story. M.J. Farrell, state senator for Lander County, was also deeply connected to the Manhattan Silver Mining Company of Austin. Like many of Nevada's remote mining towns, Austin needed a way to gets its ore to the national railroad system. Farrell used his power as a state senator to have the legislature approve a $200,000 bond to complete a railroad in 1875 (overriding a veto from the governor). The only catch? The project had to be completed within five years or they would forfeit the money. Jump to exactly five years later, on the eve of the expiration of the bond, and the railroad was 2 miles short of reaching Austin's city limits. The town called an emergency late night meeting and solved the problem ingeniously: they redrew the city boundaries to intersect the railroad 2 miles out! The last parts of the track were finished minutes before midnight and the county got to keep the money. First full year of operation. State: City: Date: HWAC# 99622