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223

Jay Gould

Currency:USD Category:Collectibles / Autographs Start Price:NA Estimated At:3,000.00 - 3,500.00 USD
Jay Gould

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Auction Date:2012 Mar 14 @ 18:00 (UTC-5 : EST/CDT)
Location:5 Rt 101A Suite 5, Amherst, New Hampshire, 03031, United States
ALS - Autograph Letter Signed
ANS - Autograph Note Signed
AQS - Autograph Quotation Signed
AMQS - Autograph Musical Quotation Signed
DS - Document Signed
FDC - First Day Cover
Inscribed - “Personalized”
ISP - Inscribed Signed Photograph
LS - Letter Signed
SP - Signed Photograph
TLS - Typed Letter Signed
Historic DS, 24 pages, 8.5 x 11, December 15, 1885. A first mortgage bond to fund construction of the Memphis Branch of the St. Louis, Iron Mountain and Southern Railway Company. The Railway Company, in part, “has determined to build a branch of its road on the most eligible route to be determined by survey, extending from or near the town of Bald Knob, in White County, Arkansas, or such other point on the main line of its railway in said County, as the directors or Executive Committee of said company may select or approve, eastwardly through White, Woodruff, Cross and Crittenden or other Counties, in the State of Arkansas, to Hopefield or West Memphis, on the west bank of the Mississippi River, opposite Memphis, Tennessee, or to such other point in Crittenden County as the said Railway Company may select or approve, which said branch is hereinafter called the Memphis Branch…” Signed on page 20 by Gould as the company’s president, and also countersigned by Louis Fitzgerald as President of the Mercantile Trust Company and two witnesses. A signed statement of Notary Public W. W. Norton is on pages 21–22, followed on pages 22–24 by four manuscript statements and embossed seals of the clerks of White, Woodruff, Cross, and Crittenden counties, Arkansas. In fine condition, with scattered soiling and creases to covers, and a mild central vertical crease to all pages.

Gould acquired the St. Louis, Iron Mountain and Southern Railway Company in 1880 and immediately began the development of a southwestern transportation system, acquiring control of the Texas and Pacific Railway Company, and the International and Great Northern Railroad Company, and other railroads in Texas in the process. With an unsavory reputation for business, Gould was known to utilize every underhanded trick available, including bribery, to get his way. By the early 1880s, his empire comprised nearly 16,000 miles of track. This multi-page document represents one of Gould’s ‘above board’ efforts to build his transportation empire!
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