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The Greenville & Columbia Railroad Co (114491)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:40.00 USD Estimated At:80.00 - 120.00 USD
The Greenville & Columbia Railroad Co  (114491)
SOLD
75.00USDto d*******f+ buyer's premium (18.75)
This item SOLD at 2020 Apr 17 @ 16:50UTC-7 : PDT/MST
SHIPPING & HANDLING: Shipping is subject to a minimum charge of $19.00. Shipping and handling cannot be estimated prior to invoicing as it is based on the size and weight of your purchase. Additional shipping and handling costs, if required, will be re-invoiced 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.SHIPPING & HANDLING: Shipping and Handling cannot be estimated prior to invoicing, based on the size a...
chartered in 1845 and completed in 1854. It was a main feeder into Columbia from the South Carolina Piedmont for the Confederacy during the Civil War. After the war, politicians defrauded the state of South Carolina out of $400,000 in a failed investment in the troubled Greenville & Columbia Railroad Co. The loss was equal to a quarter of the state's revenues for that year. As a result of the failed investment, the State adopted a constitutional ban on investing public money in stocks. #194, I/U, 5 shares @ $20 par issued March25, 1853. Black, embossed seal, Black, vignettes: top under wavy title train w/cars r-l, left side center state seal, top left John O'Neal, unknown man bottom left. Rawdon, Wright, Hatch & Edison printer. VF

Provenance: Ken Prag Collection
Country (if not USA):
State: South Carolina
City/County:
Date: 1853