Skip to main content

Winona and Southwestern Railway Co. - 1888 dated $1,000 Railroad Bond - Fantastic Design

Inv# RB5504   Bond
State(s): Minnesota
Years: 1888

$1,000 Gold Bond, not fully issued. Superb vignettes at top and bottom and elaborate borders engraved by Homer Lee Bank Note Co. Two pages of coupons attached. Gorgeous and most appropriate for framing! Operated from 1872 to 1894 and succeeded by the Winona and Western Railway. Part of the Chicago Great Western Railway (reporting mark CGW) which was a Class I railroad that linked Chicago, Minneapolis, Omaha, and Kansas City. It was founded by Alpheus Beede Stickney in 1885 as a regional line between St. Paul and the Iowa state line called the Minnesota and Northwestern Railroad. Through mergers and new construction, the railroad, named Chicago Great Western after 1892, quickly became a multi-state carrier. One of the last Class I railroads to be built, it competed against several other more well-established railroads in the same territory, and developed a corporate culture of innovation and efficiency to survive. Read more at https://en.wikipedia.org/wiki/Chicago_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