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Columbus and Maysville Railway Co. - Southern Division - Unissued 1877 $100 7% Railroad Bond

Inv# RB5046   Bond
State(s): Ohio
Years: 1877

$100 7% Unissued Railroad Bond. Signed by the President. Though not fully issued, this bond has one of the largest train scenes known. Full set of several rows of coupons are below. Great!!

The Ohio and Northwestern Railroad acquired a feeder railroad the Columbus and Maysville Railway (C&M) on February 12, 1887. The C&M was chartered in 1877 and projected from Washington Court House to Maysville, Kentucky across the Ohio River from Aberdeen. Trackage was built to three foot gauge in 1878 and 1879 from Hillsboro to Sardinia on the Cincinnati and Eastern Railway. Part of the line was operated south of Sardinia as the Columbus and Ohio River standard gauge. This line connected with the Cincinnati, Georgetown and Portsmouth Railroad in Georgetown. Read more at https://cnmrrc.org/cincinnatis-narrow-gauge-railroads/

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