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Issued to Sarah L. Winchester on 1924 New York Central & Hudson River Railroad Co. - Wife of Winchester Repeating Arms Founder

Inv# AG2242A   Bond
State(s): New York
Years: 1924
Color: Green

$1,000 3 1/2% Gold Bond issued to Sarah L. Winchester, deceased. Printed by American Bank Note Company, New York.

Sarah Lockwood Winchester (née Pardee; 1839 – September 5, 1922) was an American heiress who amassed great wealth after the death of her husband, William Wirt Winchester. Her inheritance from his estate included $20 million (equivalent to $529,862,069 in 2019) as well as a 50% holding in the Winchester Repeating Arms Company, which made her one of the wealthiest women in the world at the time. She is best known for using her vast fortune to continue construction on the Winchester mansion in San Jose, California, for 38 years. Popular legends, which began during her lifetime, held that she was convinced she was cursed, and the only way to alleviate it was to add on to her California home. Since her death, the sprawling Winchester Mystery House has become a popular tourist attraction, known for its staircases that lead to nowhere and its many winding corridors and doors leading to walls, or big falls. Read more at https://en.wikipedia.org/wiki/Sarah_Winchester

The New York Central Railroad (reporting mark NYC) was a railroad primarily operating in the Great Lakes and Mid-Atlantic regions of the United States. The railroad primarily connected greater New York and Boston in the east with Chicago and St. Louis in the Midwest along with the intermediate cities of Albany, Buffalo, Cleveland, Cincinnati, Detroit, and Syracuse. New York Central was headquartered in New York City's New York Central Building, adjacent to its largest station, Grand Central Terminal. The railroad was established in 1853, consolidating several existing railroad companies. In 1968 the NYC merged with its former rival, the Pennsylvania Railroad, to form Penn Central. Penn Central went bankrupt in 1970 and merged into Conrail in 1976. Conrail was broken up in 1998, and portions of its system were transferred to CSX and Norfolk Southern Railway, with CSX acquiring most of the old New York Central trackage. Read more at https://en.wikipedia.org/wiki/New_York_Central_Railroad

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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.
Price: $95.00