Bonds and Share Certificates of the Americas

Page 17

Stocks and Bonds of the Americas

3047

A group of American Railroad issued and unissued bonds and shares, including New York & Boston Rail-Road Co., share #79, 18[59], Boston Hartford & Erie Raiload Co., $1000 bond, Baltimore & Ohio, share #7070, dated 1847 (cut cancelled), Columbus & Xenia Rail Road Co., share no.139, 1849, and Chicago & Alton $1000 bond, 1899, generally VF or Estimate $200-300 better. (16)

3048

A group of American Railroad and Transport issued stocks and bonds, including Broadway Surface Railroad Co., $1000 bond, 1884, New York Underground Railway Co, 6% Gold Bond, 1890, and Brooklyn & Rockaway Railroad Co., $500 bond, 1867. generally VF or better. (24) Estimate $300-400

3049

3050

3051

Brooklyn and Brighton Beach Railroad Co. (NY), a pair of certificates comprising 6% income Bond, $1000, 1895, #344, steam train top centre, green and black, together with Consolidated Mortgage 5% 50-Year Gold Bond, $1000, 1896, no.399, steam train top centre, brown and black, with coupons, both are not cancelled, GVF. (2) Estimate $80-100

3052

Brooklyn, Flatbush and Coney Island Railway Co. (NY), $100 shares, 18[77], #7, steam train passing coastal town, black, creased but VF. Estimate $500-600

A miscellaneous group of Railroad and related pieces including Woodruff Sleeping & Parlour Coach Co., 1875; New York Central Sleeping Car Co., 1882; Wagner Palace Car Co., 1888, Greenville & Columbia Rail Road Co., 1863, and International and Great Northern Railroad Co., unissued $100 bond, 1871, generally VF or thereabouts. (7) Estimate $100-150

Beach Pneumatic Transit Co. (NY), unissued certificate for stock or bonds, New York 187-, signed by A.E.Beach as President, peculiar vignette of boat-like railway cars with sails, black, with counterfoil, AEF. Estimate $250-300

Another example sold for $800 in sale 316. 3053

The first attempt at building an underground railway in New York, Beach created a pneumatic system under Broadway in 1869 and sold rides to the public to test the system. Despite its initial success the company failed to get the necessary permissions to expand the system and investment funds were restricted following the stock market crash of 1873.

Buffalo, Lockport and Rochester Railway Co. (NY), $100 shares, common stock, 19[13], eagle overlooking waterfall, brown, 2 examples, $100 shares, preferred stock, eagle overlooking waterfall, green, 2 examples, together with Cincinnati & Lake Erie Railroad Co., pair of certificates for class A and class B preferred stock, [1930], eagle at top, slate grey and brown respectively, all uncancelled, VF and better, the second unlisted in Cox (6) Estimate $150-200

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