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.
1853, Louisiana. 125 pounds sterling bond bearing 7% interest. Black. Red overprint. Extremely attractive engraved multi-vignetted bond. Integral coupons at bottom. The Tehuantepec Company was formed as a result of a grant given to Don Jose de Goray by in 1842 by Antonio Lopez de Santa Anna, President of the Republic of Mexico. The grant stated the purpose of the company was to open "a line of communication...between the Pacific and Atlantic Oceans, through the Isthmus of Tehuantepec" in Mexico. Through a combination of canals (whenever practicable), railroads and steam-carriages, the Tehuantepec Company would provide a fast, commercially feasible link between the two oceans opening a profitable Asiatic trade via San Francisco and Tehuantepec. Support of the concept was widespread and included Judah Benjamin, President Fillmore, Daniel Webster and numerous other notables. Unfortunately, the company dissolved amid a rivalry between the promoters and ultimately, financial failure. An attempt at resurrecting the company was begun with four rival groups claiming ownership to de Goray's original grant in 1842. An extremely historic forerunner to the Panama Canal. Uncancelled and extremely fine.
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