Central Rail Road of Iowa - $1,000 1871 dated Railroad Bond

$1,000 7% Gold Bond printed by National Bank Note Co., New York. Most coupons remain. Orange imprinted 1 dollar revenue stamp and 4 bold vignettes! Very Rare! Measures 14 3/4" x 21 1/2".

Central Iowa Railway (formally named the Central Iowa Transportation Cooperative) was a 63-mile (101-km) freight railroad that operated during 1974 from Hills, Iowa to Montezuma, Iowa. On February 22, 1974, the Central Iowa Railway took over operations of a 63.41-mile (102.05-km) branch line that its owners had purchased from the line's former owner, the Chicago, Rock Island and Pacific Railroad. The Central Iowa operated in Amish-settled country and had one locomotive: a 600-horsepower EMD SW1 that formerly had been owned by the Burlington Northern Railroad. The railroad's founders gave the blue and black SW1 locomotive the unusual unit number of J33-3 after verse 33:3 in the Book of Jeremiah in the Bible, which says, "Call unto me, and I will answer thee, and show thee great and mighty things, which thou knowest not." The Central Iowa Railway was headquartered at 425 B Avenue in Kalona, Iowa, and its president was Harlan A. Stubbs (1909-2003). Extending south and west from Hills, the railroad's freight stations were in the towns of Hills, Riverside, Kalona, Wellman, Kinross, South English, Webster, Keswick, Thornburg, Gibson, Barnes City and finally, Montezuma. The Central Iowa Railway was short-lived; it couldn't cover its costs and suspended operations in October 1974. The Central Iowa Railway is not to be confused with the Des Moines and Central Iowa Railway, which now is part of the Union Pacific Railroad, or with the Central Railroad of Iowa, which operated in Iowa in the 1800s. Read more at https://en.wikipedia.org/wiki/Central_Iowa_Railway