5609

San Francisco, Napa and Calistoga Railway Bond

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:100.00 USD Estimated At:200.00 - 400.00 USD
San Francisco, Napa and Calistoga Railway Bond
SOLD
350.00USDto p******n+ buyer's premium (87.50)
This item SOLD at 2018 Dec 09 @ 12:57UTC-8 : PST/AKDT
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Rare. #137 first mortgage 6% $100 25 year gold bond signed by President Earl."In 1901, Col. J.W. Hartzell and his brother H.F. Hartzell secured a franchise to build an electric railway line, which allowed them the right to build on city streets and along county roads. The line paralleled much of the already existing route of the Napa Valley Railroad. In April 1902, the Benicia, Vallejo & Napa Valley Railroad Company was incorporated. The line originated at the port of Vallejo where it met the ferry connecting to San Francisco. From there, it headed northwards for a total of 41.7 miles (67.1 km)[3] to terminate at Calistoga, passing through Napa, Yountville, Oakville, Rutherford, and St. Helena. Construction of the railroad commenced in 1903 and trains began running from Vallejo to Napa following a grand opening on July 4, 1905. The line was extended to Yountville by 1907 and on January 1, 1908 the line extended St. Helena and followed by Calistoga on September 2, 1908. The railroad went through several reorganizations and name changes throughout its lifetime. It was named San Francisco, Vallejo & Napa Valley Railroad in 1906 and 1911 it was renamed San Francisco, Napa & Calistoga Railway Company. The railroad remained in operation until 1936. In 1938 22 miles (35 km) of track and power lines between Napa and Calistoga were removed." from wikipedia. Prag Collection. State: City: Date: 1911 HWAC# 84169