Fort Worth and Denver Terminal Railway Co. - Certificate Number 1 - 1907 dated $100,000 Bond
Inv# CE1025 Bond
$100,000 6% Gold Bond with gold seal on back. Certificate #1! Front & back shown. The Fort Worth & Denver Railway (reporting mark FWD), nicknamed "the Denver Road," was a class I American railroad company that operated in the northern part of Texas from 1881 to 1982, & had a profound influence on the early settlement & economic development of the region.
The Fort Worth & Denver City Railway Company (FW&DC) was chartered by the Texas Legislature on May 26, 1873. On August 7, 1951, the company changed its name to the Fort Worth & Denver Railway Company (FW&D).
The main line of the railroad ran from Fort Worth through Wichita Falls, Childress, Amarillo, & Dalhart, to Texline, where it connected w/ the rails of parent company Colorado & Southern Railway, both of which became subsidiaries of the Burlington Route in 1908.
At the end of 1970, FW&D operated 1,201 mi (1,933 km) of road on 1,577 mi (2,538 km) of track; that year it reported 1493 million ton-miles of revenue freight. (Those totals may or may not include the former Burlington-Rock Island Railroad.) In 1980, operated mileage had dropped to 1181, but freight was 7732 million ton-miles. Read more at https://en.wikipedia.org/wiki/Fort_Worth_and_Denver_Railway
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.
Ebay ID: labarre_galleries