5642

Summit County Railroad Stock and Bond

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:60.00 USD Estimated At:120.00 - 200.00 USD
Summit County Railroad Stock and Bond
SOLD
70.00USD+ (17.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 Dec 09 @ 13:26UTC-8 : PST/AKDT
SHIPPING & HANDLING: Shipping and Handling cannot be estimated prior to invoicing, based on the size and weight of your purchase. All shipping is subject to a minimum charge of $19.00. If additional shipping and handling costs are required, the buyer will be reinvoiced for the balance due. Items are not shipped until the invoice is completely paid. Many buyers purchase a number of lots. Every effort will be made to include all lots in a single shipping charge calculated to cover the weight and size of the package(s). NOTE: Some shipments (of unusual size, dimension, or weight) may require sp...
Both unissued. Stock #498 c. 1870's. Bond #760 $500 c. 1873. "The Mormon settlement at Salt Lake City, troubled by a lack of readily available fuel, sought to develop a bank of low-grade coal at Coalville. In September 1869 Mormon businessmen incorporated the Coalville & Echo Railroad to connect Coalville with the Union Pacific main line at Echo. They graded the line, but were unable to complete construction. On November 27, 1871, Joseph A. Young and other Mormon leaders formed the Summit County Railroad to take over the grade and franchise of the C&E. They undertook construction of the line as a narrow gauge from Echo in 1872 and began service to Coalville (6 miles) on July 1, 1873.' from utahrails.net. Prag Collection. State: City: Date: HWAC# 84139