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New Orleans, Mobile, & Texas Railroad Co. Bond with Imprinted Revenue 1872 [167921]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:100.00 USD Estimated At:200.00 - 400.00 USD
New Orleans, Mobile, & Texas Railroad Co. Bond with Imprinted Revenue  1872  [167921]

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$1,000 bond issued in 1872. Signed by the president and treasurer. Not cancelled. RN-U4 imprinted revenue stamp. Two vignettes: bald eagle on shield (top center) and small locomotive (bottom center). Printed by Henry Seibert & Bros., NY. 67 coupons attached. 23 x 16" Construction of the railroad between Mobile and New Orleans was started by the New Orleans, Mobile & Chattanooga Railroad in 1869, and it was completed in 1871. That year, the name of the railroad was changed to the New Orleans, Mobile & Texas Railroad. The Louisville & Nashville Railroad leased the NOM&C on May 8, 1880, and bought the railroad at a mortgage foreclosure sale on October 5, 1881. New Orleans Louisiana