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Lacrosse, Iowa and South Western Railway - $1,000 Uncancelled Gold Bond (Uncanceled)

Inv# RB5190   Bond
State(s): Minnesota
Missouri
Years: 1883

$1,000 6% Gold Bond. Uncanceled. Superb triple vignette by Franklin Bank Note. All 80 coupons. Choice Condition. Very Rare! La Crosse is a city in the U.S. state of Wisconsin and the county seat of La Crosse County. Positioned alongside the Mississippi River, La Crosse is the largest city on Wisconsin's western border. La Crosse's population as of the 2020 census was 52,680. The city forms the core of and is the principal city in the La Crosse–Onalaska Metropolitan Area, which includes all of La Crosse County and Houston County, Minnesota, with a population of 139,627.

More permanent development took place closer to Myrick's trading post, where stores, a hotel, and a post office were constructed during the 1840s. Under the direction of Timothy Burns, lieutenant governor of Wisconsin, surveyor William Hood platted the village in 1851. This opened it up for further settlement, which was achieved rapidly as a result of promotion of the city in eastern newspapers. By 1855, La Crosse had grown in population to nearly 2,000 residents, leading to its incorporation in 1856. The city grew even more rapidly after 1858 with the completion of the La Crosse & Milwaukee Railroad, the second railroad connecting Milwaukee to the Mississippi River.

During the second half of the 19th century, La Crosse grew to become one of the largest cities in Wisconsin. It was a center of the lumber industry, for logs cut in the interior of the state could be rafted down the Black River toward sawmills built in the city. La Crosse also became a center for the brewing industry and other manufacturers that saw advantages in the city's location adjacent to major transportation arteries, such as the Mississippi River and the railroad between Milwaukee and St. Paul, Minnesota. Read more at https://en.wikipedia.org/wiki/La_Crosse,_Wisconsin

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Condition: Extremely Fine

A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.

Item ordered may not be exact piece shown. All original and authentic.
Price: $255.00