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new Southern Pacific Co. - 1899 dated $500 Specimen Bond

Inv# SE3411   Specimen Bond
New Item!
State(s): New York
Years: 1899
Color: $500 Olive

$500 4% Specimen Bond printed by American Bank Note Company, New York. The Southern Pacific (reporting mark SP) (or Espee from the railroad initials) was an American Class I railroad network that existed from 1865 to 1996 and operated largely in the Western United States. The system was operated by various companies under the names Southern Pacific Railroad, Southern Pacific Company and Southern Pacific Transportation Company.

The original Southern Pacific began in 1865 as a land holding company. The last incarnation of the Southern Pacific, the Southern Pacific Transportation Company, was founded in 1969 and assumed control of the Southern Pacific system. The Southern Pacific Transportation Company was acquired in 1996 by the Union Pacific Corporation and merged with their Union Pacific Railroad.

The Southern Pacific legacy founded hospitals in San Francisco, Tucson, and Houston. In the 1970s, it also founded a telecommunications network with a state-of-the-art microwave and fiber optic backbone. This telecommunications network became part of Sprint, a company whose name came from the acronym for Southern Pacific Railroad Internal Networking Telephony. Read more at https://en.wikipedia.org/wiki/Southern_Pacific_Transportation_Company

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Condition: Excellent

Stock and Bond Specimens are made and usually retained by a printer as a record of the contract with a client, generally with manuscript contract notes such as the quantity printed. Specimens are sometimes produced for use by the printing company's sales team as examples of the firms products. These are usually marked "Specimen" and have no serial numbers.

Item ordered may not be exact piece shown. All original and authentic.
OUT OF STOCK