Bank of New England at Goodspeed's Landing, Connecticut - Uncut Obsolete Sheet - Broken Bank Notes

$1/1/2/5 Uncut Sheet.  The vision of a Valley Railroad started in the 1840s when President of the Charter Oak Life Insurance Company, James Clark Walkley traced the 44-mile route by stagecoach with friend Horace Johnson. Walkley and a group of business men obtained a state charter on July 17, 1868, to form the Connecticut Valley Railroad Company and start the process of building a railroad. During 1868–1869, survey crews worked to map out the line from Hartford, Connecticut, to Saybrook Point.

In April 1870, construction of the line began, with ground breaking taking place in Higganum, Connecticut. The plan called for three phases, the "Northern Division" starting in Hartford and continuing to Middletown, the "Middle Division" which continued to what is known today as Goodspeed Landing, and the "South Division" which finished the line to Saybrook Point. The Connecticut River Valley allowed for an easy construction, as no tunnels or major bridges were required. The line was completed during the summer of 1871 with the first ceremonial train run over the 45 miles (72 km) on July 29, 1871, at a steady speed of 22 mph. At $34,000 per mile, the line ended up costing $1,482,903. Read more at https://en.wikipedia.org/wiki/Valley_Railroad_(Connecticut)

Though the plow, the axe, and the ox-wagon may be regarded as the leading emblems of East Haddam industry, The spindle, the loom and the crucible have borne an important part. These Industries arrived in the early 19th century. Later in the century, there were a series of fifteen separate mills centered mainly in the Moodus section of town. The metal industry was mainly located at Goodspeed's Landing. Read more at https://www.easthaddamhistory.org/moodus-mills---history.html

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