State of New York, Transfer Office. $5,000 Loan of April 1838, for the Enlargement of the Erie Canal. Issued to Pume, Ward & King. Signed by Robert White, Cashier. Pen cancelled on the reverse. Ornate design with black print on thin paper, five vignettes (train, ship, allegorical figures). Printed by Rawdon, Wright & Hatch, NY. Pinholes, folds, creases, wear to edges. 8 x 11" The canal built to create a navigable water route from New York City and the Atlantic Ocean to the Great Lakes, originally stretching for 363 miles from the Hudson River in Albany to Lake Erie in Buffalo. Completed in 1825. An ambitious program to improve the canal began in 1834. During this massive series of construction projects, known as the First Enlargement, the canal was widened from 40 to 70 feet and deepened from 4 to 7 feet. Locks were widened and/or rebuilt in new locations, and many new navigable aqueducts were constructed. Date: 1838Country (if not USA): State: New YorkCity: Provenance: Ken Prag Collection