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Kansas City, Pittsburg and Gulf Railroad Co. - Million Gulden Railway Bond - Netherlands

Inv# RB7341   Bond
Kansas City, Pittsburg and Gulf Railroad Co. - Million Gulden Railway Bond - Netherlands
Country: Belgium
State(s): Missouri
Pennsylvania
Years: 1895
Color: Green and Brown

Million Gulden Bond with 20 coupons attached on the left of bond. The Kansas City, Pittsburg and Gulf Railroad was a railway company that began operations in the 1890s and owned a main-line between Kansas City, Missouri, and Port Arthur, Texas. It was led by Arthur Stilwell before being thrown into receivership and eventually being absorbed by the Kansas City Southern Railway in 1900.

Trackage on the KCP&G was complete from Kansas City to Shreveport, Louisiana, as of March 2, 1897. By September 11 of that year, the line ran all the way to Port Arthur, Texas– a town Stilwell essentially created and named after himself. However, the railroad was in financial trouble by 1899. On April 1, 1900, the Kansas City Southern Railway took control of the KCP&G properties after purchasing them at a foreclosure sale in Joplin, Missouri. The section of the line within the boundaries of Louisiana was chartered as the Kansas City, Shreveport & Gulf Railway Company (KCS&G). Read more at https://en.wikipedia.org/wiki/Kansas_City,_Pittsburg_and_Gulf_Railroad

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.
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