Sacramento Valley Rail Road Co Stock Certificate, 1861, Rare (111403)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:2,000.00 USD Estimated At:4,000.00 - 6,000.00 USD
Sacramento Valley Rail Road Co Stock Certificate, 1861, Rare  (111403)
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Cert. #792, issued to R.S. Tretz for 210 shares, July 6th, 1861. Signed by Geo (George) F. Bragg as president and J. Mora Moss as secretary. Incorporated in California in 1853, and reorganized in 1858. Vignette of a train running r-l in a mountain valley, a miner bottom left and an allegorical female standing bottom right. The Sacramento Valley Rail Road Company was formed to build a rail line from Sacramento to Marysville, by way of Folsom. Construction didn’t begin until 1855, with Theodore Judah as the survey engineer. In August, 1855, the company’s board elected Commodore C.K. Garrison, former mayor of San Francisco as the company president. They also elected future Civil War General William Tecumseh Sherman as vice-president (wiki). The company encountered funding problems and the line ended up running from Sacramento to Folsom only, a distance of 22.9 miles. The first train operated on February 22, 1856. Theodore Judah later became the Chief Engineer of the Central Pacific Railroad and chief proponent of running the first transcontinental railroad over the Sierra Nevada via Dutch Flat. This certificate is extra rare. We could find no examples of this certificate selling at auction in the past 20 years. Uncancelled.

Country (if not USA):
State: California