Dimensions 13 x 9 inches. Five Year $50 Seven Per Cent Bond. Black and green ink, vignette of a train rolling past a river, decorative border. Minor chipping at top edge. Not issued, no number, stamps, signatures or coupons. Begun in 1867 by Connecticut entrepreneur David Lyman, the New Haven, Middletown and Willimantic Railroad Company began service from New Haven to Middletown in 1870, built a drawbridge across the Connecticut River at Middletown, and reached Willimatic in 1873. Unfortunately, the construction was much more expensive than anticipated. The company was unable to pay the interest on their bonds, went into bankruptcy, and was taken over by the Boston and New York Air Line Railroad in 1875.
Title: Bond Certificate for the New Haven, Middletown and Willimantic Railroad Company
Location Published: New York, Maverick, Stephan & Co.
Binding: No Binding
Book Condition: Collectible-Very Good
Type: Book
Categories: Transportation, Inc. Automobiles, Trains & Ships, Business and Finance
Seller ID: 015925
