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Archives International Auctions - Sale 37

61

December 6 & 13,2016

Archives International Auctions

www.archivesinternational.com

279

279 Texas Pacific LandTrust, ca. 1960-70’s SpecimenStockCertificate.

Texas, <100 Shares, Specimen Stock Certificate. Green border. Bull

on UL next to ornate curved title. Specimen overprints and POC’s.

Red text in middle changing par value of stocks. XF condition. ABNC.

Texas Pacific Land Trust was created in 1888 due to the bankruptcy of

the Texas & Pacific Railway Company. The railroad had sold bonds and

pledged the land it earned under the Land Grant system to get money to

build the railroad, and therefore the bondholders had a security interest

in the land. The bankruptcy trustee gave the land to the bondholders,

who converted the bonds to stock and placed the shares on the New

York Stock Exchange. There was a reorganization of the New York Stock

Exchange in 1888 and Texas Pacific Land Trust was placed as the number

three company that year. Scarce railroad related stock. ��������������Est.

$120-160

Uruguay

280

280 Pan American Trans-Continental Railway Co. Uruguay Section, 1910SpecimenBond.

Uruguay (Inc. inMaine), 1910, $1000, 5% 50 Year

Gold Debenture Specimen Bond, Black on green border and underprint,

Cattle rancher top center herding cattle, POC’s, VF-XF condition,

ABNC. Unlisted railroad and bond in Cox. (From the collection of John

E. Herzog).��������������������������������������������������������������������������������������Est.

$90-150

Utah

281

281 Central Pacific Railway Company Specimen.

Utah, 1899, $10,000,

Registered 1st Refunding Mortgage 4% Gold Bond. Black on green

border and underprint, portrait of Collis P. Huntington, Specimen

overprints, POC’s, XF condition. Rare and attractive bond. ABNC.

Historic bond. The Central Pacific laid rails from California to Utah and

met up with the Union Pacific in 1869 forming the first transcontinental

railroad. ABNC. ����������������������������������������������������������������������������Est.

$160-240

Various States

282

282 Rock Island, Arkansas & Louisiana Railroad Co. 190x Specimen Bond.

United States. $5000 Registered Bond Specimen. ABNC.

Extremely Fine.�����������������������������������������������������������������������������Est.

$140-200