Connecticut River Railroad Co. - 1893 dated Railway Registered Unissued Bond
Inv# RB5229 Bond
Unissued Bond printed by American Bank Note, NY & Boston. Always found with stain at right border, hole cancelled. Very Rare!!!
The Connecticut River Railroad was a railroad located along the Connecticut River in western Massachusetts, formed in 1845 from the merger of two unfinished railroads. Its main line from Springfield to East Northfield, Massachusetts, opened in stages between 1845 and 1849. It built several branches and over the years acquired additional lines in Vermont. The railroad was acquired by the Boston and Maine Railroad in 1893.
The Connecticut River Railroad (CRRR) was formed in 1845 by the merger of the Northampton and Springfield Railroad (chartered in 1842) with the Greenfield and Northampton Railroad.
The CRRR first line opened between Springfield and Northampton in 1845 and by the following summer was extended to Deerfield, Massachusetts, and then to Greenfield in November 1846. In 1849, the line was extended further north to the Massachusetts-Vermont state line, where it met the Brattleboro line of the Vermont and Massachusetts Railroad (which later became part of the Fitchburg Railroad). This allowed the CRRR to provide rail service between Springfield, Massachusetts and Brattleboro, Vermont. Read more at https://en.wikipedia.org/wiki/Connecticut_River_Railroad
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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