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Union Pacific Railroad Co. - 1907 dated $500 Railway Gold Bond - Famous Railway System

Inv# RB5564A   Bond
State(s): New York
Years: 1907
Color: Red and Black

1907 dated $500 Railway Gold Bond printed by American Bank Note Co. Nice Vignette! Union Pacific Corporation is a publicly traded holding company for railroads. Established in Utah in 1969, its headquarters is situated in Omaha, Nebraska. It serves as the parent company of the current Delaware-registered iteration of the Union Pacific Railroad. Initially based in New York City following its re-establishment in 1969, the company underwent a significant transition when Drew Lewis assumed the role of CEO in the mid-1980s, leading to the relocation of its corporate headquarters to Bethlehem, Pennsylvania. Subsequently, the headquarters moved to Dallas, Texas, before finally settling in Omaha to align with the Union Pacific Railroad's headquarters. The current chairman, president, and chief executive officer is Lance M. Fritz. Union Pacific Corporation has expanded its portfolio through the acquisition of the Missouri Pacific Railroad, which encompassed several railroads, including the Missouri–Kansas–Texas Railroad, the Chicago and North Western Transportation Company, the Western Pacific Railroad, the Denver and Rio Grande Western Railroad, the St. Louis Southwestern Railway, the SPCSL Corporation, and the Southern Pacific Transportation Company.

All railroads, except for the Southern Pacific Transportation Company, were integrated into the former structure of the Union Pacific Railroad. As part of the merger with Southern Pacific Transportation Company, which included the consolidation of the Denver and Rio Grande Western Railroad, the St. Louis Southwestern Railway, and the SPCSL Corporation into the previous form of the Union Pacific Railroad, the Union Pacific Corporation subsequently merged this earlier version of the Union Pacific Railroad into the Southern Pacific Transportation Company, rebranding it as the current Union Pacific 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.
Price: $474.50