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Province of Canada - Great Western Railroad Co. - 1853 dated £100 Railway Bond

Inv# FB6653   Bond
Province of Canada - Great Western Railroad Co. - 1853 dated £100 Railway Bond
Country: Canada
Years: 1853

£100 Bond. Large size measures 15" x 16" including 7 rows of coupons. Important and Very Rare! The Great Western Railway was a historic Canadian railway that operated in Canada West, today's province of Ontario. It was the first railway chartered in the province, receiving its original charter as the London and Gore Railroad on March 6, 1834, before receiving its final name when it was rechartered in 1845.

At its peak, the Great Western system stretched 1,371 kilometres (852 mi) with its main operating base in Hamilton. The city at the head of Lake Ontario was pivotal in opening up the unpopulated and heavily wooded interior of what was then known as Canada West. A substantial part of its revenue was from serving as a bridge line between the New York Central and Michigan Central Railroads, making it significant in North American history. Its lines remain in use, part of Canadian National Railway's network. Read more at https://en.wikipedia.org/wiki/Great_Western_Railway

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.
OUT OF STOCK