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Choctaw, Oklahoma and Gulf Railroad Co. - 3 Full Pages of Coupons & Two Indian Vignettes - 1902 dated Unissued $1,000 Railway Gold Bond

Inv# RB5035   Bond
State(s): Oklahoma
Pennsylvania
Years: 1902
Color: Blue-Gray

$1,000 5% Unissued Railroad Bond printed by American Bank Note Company, Philadelphia. Great vignette of Indians watching passing train from up on a cliff. Another of Indian in full headdress with bow & arrows, etc. 3 full pages of coupons.

The Choctaw, Oklahoma and Gulf Railroad (CO&G), known informally as the "Choctaw Route," was an American railroad in the states of Arkansas and Oklahoma. The company, originally known as the Choctaw Coal and Railway Company, completed its main line between West Memphis, Arkansas and western Oklahoma by 1900. In 1901 the CO&G chartered a subsidiary company, the Choctaw, Oklahoma and Texas Railroad, to continue construction west into the Texas panhandle, and by 1902 the railroad had extended as far west as Amarillo.

Following the CO&G's construction from McAlester to Oklahoma City through the town of Shawnee in 1895, the Tecumseh Railway was incorporated under the laws of Oklahoma Territory on August 20, 1896. That same year, the Tecumseh built 5.2 miles of rail from a junction near Shawnee to Tecumseh, Oklahoma, which at that time was acting as the county seat. The Tecumseh Railway never had any other trackage, and on December 12, 1900, it was purchased by the CO&G. In 1902 the CO&G added 20.2 miles to the line, extending it from Tecumseh to Asher, which was a cotton producing area that also experienced a short-lived oil boom starting in the late 1920s. This route, served by faithful vintage locomotive Old Beck, was among the CO&G assets later acquired by the Rock Island; but, the whole line was abandoned February 10, 1942. Read more at https://en.wikipedia.org/wiki/Choctaw,_Oklahoma_and_Gulf_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: $75.00