Butte, Anaconda and Pacific Railway Co. - 1914 dated $1,000 Specimen Bond
Inv# SE3282 Specimen Bond
$1,000 5% Specimen Bond printed by American Bank Note Company, New York. Most coupons remain. The Butte, Anaconda and Pacific Railway (reporting mark BAP) is a short line railroad in the U.S. state of Montana. The BA&P was founded in 1891 and operated as such until sale in 1985, when it was renamed the Rarus Railway (reporting mark RARW). The railway was again sold in May 2007 to the Patriot Rail Corporation, and the name returned to the Butte, Anaconda and Pacific Railway in July 2007. The railway was the main conduit for ore transport between Butte and Anaconda, and was used for filming of portions of the 1985 Golden Globe nominated movie Runaway Train.
in 1890 a dispute between the Montana Union Railway and the Anaconda Company arose over the cost to transport copper ore from the Butte, Montana mines to the Anaconda, Montana smelters. Financed by the Marcus Daly, the interest behind the Anaconda Copper Mining Company, the Butte, Anaconda, and Pacific was incorporated in 1891 and opened for operation just two years later in 1893. While first operated primarily to carry ore from Butte to Anaconda the company was chartered as a common carrier and also carried passengers and general freight. Read more at https://en.wikipedia.org/wiki/Butte,_Anaconda_and_Pacific_Railway
Stock and Bond Specimens are made and usually retained by a printer as a record of the contract with a client, generally with manuscript contract notes such as the quantity printed. Specimens are sometimes produced for use by the printing company's sales team as examples of the firm’s products. These are usually marked "Specimen" and have no serial numbers.
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