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Sierra Railway Company Bonds (2) (106654)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:100.00 USD Estimated At:200.00 - 400.00 USD
Sierra Railway Company Bonds (2)   (106654)
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2 Gold Bonds, Sierra Railway Company of California, I/U No.801 signed by president (signature illegible) 27 coupons attached, 40 year mortgage. Some foxing, please inspect. Sierra Railway Company of California 40 year First Mortgage Gold bond , I/C some of $1000, No. 501, signed by President (signature illegible) 46 coupons still attached. The Sierra Railway Company was conceived as the solution to connect the gold and minerals, plus the timber and lumber resources located in the Central Sierra Nevada to the national rail transportation network. Investors, Thomas Bullock, Prince Andre Poniatowski, and William Crocker financed a rail line from Oakdale toward Tuolumne County and eventually Calaveras County.

Date: c1897
State/Country: California
City/County: