William K. Vanderbilt, Jr. signed as V.P. on Cleveland, Cincinnati, Chicago and St. Louis Railway - 1915 dated $10,000 Railroad Gold Bond - Autograph

Inv# AG1056 Bond

State(s): Illinois
Missouri
Ohio

Years: 1915

Color: Brown

William K. Vanderbilt, Jr. (1878-1944), Railroad Executive, entered service of the New York Central & Hudson River Railroad in 1903 and became vice-president in 1912. He was very active in the daily administration of the railroad. Quite seriously involved in sailing. Exceptional very high denomination $10,000 Bond of the Cleveland, Cincinnati, Chicago and St. Louis Railway, Ohio & Indiana. Issued and cancelled in 1917. Hole cancelled but decent signature of William K. Jr. Superb Graphics! Stub at left. Excellent Condition and Very Rare! Read more about William K. Vanderbilt, Jr. at https://en.wikipedia.org/wiki/William_Kissam_Vanderbilt_II

The Cleveland, Cincinnati, Chicago and St. Louis Railway, also known as the Big Four Railroad and commonly abbreviated CCC&StL, was a railroad company in the Midwestern United States. It operated in affiliation with the New York Central system. Its primary routes were in Illinois, Indiana, Michigan, and Ohio. At the end of 1925 it reported 2,391 route-miles and 4,608 track-miles; that year it carried 8180 million net ton-miles of revenue freight and 488 million passenger-miles. The railroad was formed on June 30, 1889, by the merger of the Cleveland, Columbus, Cincinnati and Indianapolis Railway, the Cincinnati, Indianapolis, St. Louis and Chicago Railway and the Indianapolis and St. Louis Railway. The following year, the company gained control of the former Indiana, Bloomington and Western Railway (through the foreclosed Ohio, Indiana and Western Railway and through an operating agreement with the Peoria and Eastern Railway). Read more at https://en.wikipedia.org/wiki/Cleveland,_Cincinnati,_Chicago_and_St._Louis_Railway

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Condition: Excellent

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.

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