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New York Cable Railway Bond, 1884 1884 [130694]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:75.00 USD Estimated At:150.00 - 250.00 USD
New York Cable Railway Bond, 1884  1884  [130694]

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#3692 issued in 1884. Extremely large 45x18î and in extremely nice condition. Coupons 3-82 attached. Signed by president WC Andrews an important Director and large shareholder in Standard Oil. The Patent Trust formed the New York Cable Railway in 1883 with a plan to build a system of 29 lines. This system would have included three major uptown lines running on embankments. The mayor vetoed its franchise in 1885. The company continued to push until 1890, but without success. New York