Cornelius Vanderbilt Jr. signed Canada Southern Railway - circa 1890's Partially Issued $1,000 Railroad Bond

Inv# AG1057 Bond

Country: Canada

State(s): New York

Years: 189-

Color: Green and Black

Cornelius Vanderbilt (1843-1899), This Canada Southern Railway Bond of the Dominion of Canada is one of the most beautiful of the 19th Century. The two vignettes are so rich and strong with the most beautiful engraving by American Bank Note Co., NY. The green color is so vibrant! Truly Exceptional with a lightly cancelled signature of Cornelius Vanderbilt. This $1,000 bond dated 1877 is in superb Mint Condition. From the Syracuse University Collection. Read more at https://en.wikipedia.org/wiki/Cornelius_Vanderbilt_II

The Canada Southern Railway (reporting mark CASO), also known as CSR, was a railway in southwestern Ontario, Canada, founded on February 28, 1868 as the Erie and Niagara Extension Railway. Its name was changed to Canada Southern Railway on December 24, 1869. The 1868 Act specified that it was to be constructed at a broad gauge of 5 ft 6 in (1,676 mm), but that requirement was repealed in the 1869 Act, thus allowing construction at the standard gauge of 4 ft 8+1?2 in (1,435 mm). The railway was leased to the Michigan Central Railroad (MCR) for 99 years in 1883; in 1929 it was subleased to the New York Central Railroad (NYC). Its successors Penn Central (formed 1968) and Conrail (formed 1976) later exercised control before being sold to Canadian National Railway/Canadian Pacific Railway in 1985. Read more at https://en.wikipedia.org/wiki/Canada_Southern_Railway

Also available PASS-CO Grade OS UNC. Please inquire for price.

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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.

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