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Jacksonville, Tampa and Key-West Railway - 1890 dated $1,000 6% 50 Year Gold Bond (Uncanceled)

Inv# RB7034   Bond
State(s): Florida
Years: 1890
Color: Olive and Black

$1,000 Uncanceled 6% Gold Bond printed by American Bank Note Company, New York. 2 full pages of coupons attached. Absolutely Gorgeous.

The Jacksonville, Tampa and Key West Railway was a railroad and steamboat network in Florida, USA at the end of the 19th century. Most of its lines became part of the Plant System in 1899 and the Atlantic Coast Line Railroad in 1902. The line remains in service today with a vast majority of it now being CSX Transportation's Sanford Subdivision.

The Tampa, Peace Creek and St. Johns River Railroad was incorporated in 1879, and received a charter to build a railroad from Jacksonville to Tampa. The Jacksonville, Tampa and Key West Railway was incorporated in 1871, and acquired the railway charter from the Tampa, Peace Creek and St. Johns River Railroad. Construction of a rail line from Jacksonville to Palatka began in March 1883, and regular service between the cities began in March 1884. The railroad was built to the 5-foot gauge to match that of the Plant System Waycross and Florida Railroad, with which it connected in Jacksonville. The Jacksonville, Tampa and Key West Railway extended its line from Palatka to Sanford in 1885, using the right-of-way of the Palatka and Indian River Railway Company. The line crossed the St. Johns River a few miles south of Palatka and ran southward on the east side of the river to the northern end of Lake Monroe, crossed back over the river and then ran a few miles to Sanford, where it connected to the South Florida Railroad. The line to Sanford began regular service in February 1886. Read more at https://en.wikipedia.org/wiki/Jacksonville,_Tampa_and_Key_West_Railway

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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: $384.50