Minnesota and Northwestern Rail Road Co. - 1870 dated $1,000 Railway Gold Bond with Imprinted Revenues - Archival Repairs
Inv# RB7529 Bond
$1,000 7% Gold Bond printed by National Bank Note Co., New York. One dollar orange imprinted revenue stamp! Fold repair/archival.
The Chicago Great Western Railway (reporting mark CGW) 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.
Nicknamed the Corn Belt Route because of its operating area in the midwestern United States, the railroad was sometimes called the Lucky Strike Road, due to the similarity in design between the herald of the CGW and the logo used for Lucky Strike cigarettes. In 1968 it merged with the Chicago and North Western Railway (CNW), which abandoned most of the CGW's trackage. Read more at https://en.wikipedia.org/wiki/Chicago_Great_Western_Railway
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.
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