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Item number |
1481 | |||
Name |
Mobile and Montgomery Railroad Company | |||
Location(s) |
City of Montgomery | |||
Country |
USA | |||
Region |
Amerika | |||
Description |
City of Montgomery, 01.09.1871, 8 % Bond über U-$ 1.000, secured by First Mortgage on Lands and Second Mortgage on Railroad, Outfit and Franchises, #481, 31,5 x 43,7 cm, braun, schwarz, Knickfalte längs, KR, Eselsohr, kleine Randeinrisse, nicht entwertet. | |||
Description (English) |
City of Montgomery, 1 September 1871, 8 % Bond for U-$ 1,000, secured by First Mortgage on Lands and Second Mortgage on Railroad, Outfit and Franchises, #481, 31.5 x 43.7 cm, brown, black, vertical fold, KR, dog ear, small tears, no cancellation. | |||
Condition |
VF+ | |||
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History (German) |
Laut Standard & Poors standen am 30.06.1880 nur noch 41 dieser Bonds unbezahlt aus. Zudem sind die Kupons ab Januar 1873 noch enthalten. Daher wurde der vorliegende Bond wohl verloren oder verlegt. Da die Gesellschaft ab 1881 für 20 Jahre an die Louisville and Nashville RR vermietet wurde, liegt es zudem nahe, dass die Bonds eigentlich getilgt wurden. Rarität! | |||
History (English) |
According to Standard & Poors only 41 of these bonds were still in circulation on June 30, 1880. In addition, the coupons since January 1873 are still enclosed. Therefore the present bond must have been lost or misplaced. Also, since the company was leased to the Louisville & Nashville RR for 20 years in 1881, it is likely that the bonds were actually redeemed. Rarity! | |||
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