NOT SOLD (BIDDING OVER)
0.00USD+ applicable fees & taxes.
This item WAS NOT SOLD. Auction date was 2010 Aug 19 @ 11:00UTC-4 : AST/EDT
Stock certificates from the United States and other countries around the world. Items offered cover a wide variety of collecting topics including automotive, railroads, mining, autographed and much more.
1854, Michigan. $500 bond bearing interest at 8%. Black with an attached blue paper seal. Woodcut vignette of a steam locomotive at top center. Litho. Signed as President by JOHN MURRAY FORBES (1813 -1898). Railroad executive; Businessman; Public servant. Having accumulated a substantial fortune by 1846, Forbes turned his considerable talents to railroad construction and financings. He was the prime mover in purchasing and completing the unfinished Michigan Central RR, and constructing the roads which formed the nucleus of the Chicago, Burlington & Quincy RR, of which he became president in the late 1870s. His civic involvement began at the start of the Civil War, when he helped put the state of Massachusetts prepare for war, and he was instrumental in organizing the state's black regiments. In 1863, he was sent to England to block construction of, or to purchase, the so-called Laird rams that we being built there for the Confederacy. Throughout the war, his advice was constantly sought by all branches of government. A longtime member of the national executive committee of the Republican party, he broke with the party upon its nomination of James Blaine for the presidency in 1884. A nice early railroad bond signed by this important 19th century businessman. Punch cancellation not affecting Forbe's bold signature. Extremely Fine.
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