Texas and Pacific Railway Equipment Trust - 1964 dated Specimen Bond

Printed by American Bank Note Company. The Texas and Pacific Railway Company (known as the T&P) was created by federal charter in 1871 with the purpose of building a southern transcontinental railroad between Marshall, Texas, and San Diego, California. Under the influence of General Buell, the T&P was originally to be 3 ft 6 in (1,067 mm) gauge, but this was overturned when the state legislature passed a law requiring 4 ft 8+1?2 in (1,435 mm) gauge. The T&P had a significant foothold in Texas by the mid-1870s. Construction difficulties delayed westward progress, until American financier Jay Gould acquired an interest in the railroad in 1879. The T&P never reached San Diego; instead it met the Southern Pacific at Sierra Blanca, Texas, in 1881. Read more at https://en.wikipedia.org/wiki/Texas_and_Pacific_Railway