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Texas Shortline Railway Bond

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:100.00 USD Estimated At:200.00 - 400.00 USD
Texas Shortline Railway Bond
SOLD
100.00USDto 8*************e+ buyer's premium (25.00)
This item SOLD at 2018 Dec 09 @ 13:53UTC-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...
#43 first mortgage 20 year 5% gold coupon bond signed by President Strong. Gold seal with 5 point star. "The Texas Short Line Railway was chartered in 1901 to build from Grand Saline, TX north to a connection with the Missouri-Kansas-Texas Railroad at Hoyt, near present-day Alba, TX. The line opened in September, 1902, also serving some coal mines near Alba and a salt mine at Grand Saline. In 1910, the TSL built another mile of track within Grand Saline to connect to the Texas & Pacific line that ran between Dallas and Shreveport, LA. In 1929, the T&P purchased Texas Short Line outright, but continued to operate it as a separate entity. A year later, after the discovery of oil in Van Zandt county to the south, the TSL built another 10 miles to Van, located in the middle of the oil field. As freight begin to taper off, TSL found itself in a deficit. The line between Grand Saline and Alba was abandoned in 1959; the remainder of the Texas Short Line between Grand Saline and Van was abandoned three years later." from abandondedrails.com. Prag Collection. State: City: Date: 1902 HWAC# 84134