5597

Salem, Falls City and Western Railway Bond #1

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:75.00 USD Estimated At:150.00 - 250.00 USD
Salem, Falls City and Western Railway Bond #1
SOLD
75.00USD+ (18.75) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 Dec 09 @ 12:50UTC-8 : PST/AKDT
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I/C #1 $1000 5% 25 year gold bond. Signed by President Gerlinger. "In October, 1901, Louis Gerlinger, Sr. and Charles K. Spaulding announced plans to build a railroad from the Willamette River at Salem to the mouth of the Siletz River on the Oregon Coast, a distance of 65 miles (105 km). The railroad was used for transporting timber. On May 29, 1903, the first train departed from Dallas for Falls City. " from wikpedia. Prag Collection State: City: Date: 1909 HWAC# 84179