Toledo, Cincinnati and St. Louis Railroad Co. - 1880 dated $120 Railway Coupon Scrip Bond
Inv# RB7430 Bond
Oklahoma
$120 6% Mortgage Bond printed by American Bank Note Co., New York Litho. 2 complete rows of coupons remain. Minor margin repairs and minor toning.
The Toledo, Cincinnati and St. Louis Railroad ("TC&StL") was a 3 ft (914 mm) narrow-gauge railroad operating in Ohio, Indiana and Illinois. It began as a subsidiary of the 3 ft (914 mm) narrow-gauge Toledo, Delphos and Burlington Railroad ("TD&B"). The entire TC&StL system, principally linking Toledo, Ohio with Cincinnati, Ohio and East St. Louis, Illinois, was operational by March of 1883, consisting of about 780 miles of road. However, the railway quickly landed in bankruptcy, and was broken up.
The predecessor TD&B came about on May 23, 1879 from a merger of several other railroads. While originating in Delphos, Ohio, the line always had its eyes set on Toledo, Ohio as one terminus, and expected the other to be Burlington, Iowa.
A separate railroad which became important to the TD&B was the 4 ft 10 in (1,473 mm) Iron Railroad founded on February 2, 1848, and based in Ironton, Ohio. The TD&B wished to reach Ironton, which was a rail- and ingot-producing town. In 1881, the TD&B reached an agreement with the Iron Railroad to dual-gauge a segment of its line by laying a rail spaced to 3 ft (914 mm) narrow-gauge in-between the Iron Railroad's existing track. Both railroads merged later that same year, retaining the TD&B name. Read more at https://en.wikipedia.org/wiki/Toledo,_Cincinnati_and_St._Louis_Railroad
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