NY Central Railroad Co. $500 Bond Certificate with 2 Related Debt Certs
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Description
NY Central Railroad Co. $500 Bond Certificate with 2 Related Debt Certs
1p partially printed, measuring 12.5” x 8”, New York, dated August 1, 1853. A 30-Year $500 Bond of the New York Central Railroad Company, No. 1751. Signed by the company President Erastus Corning as well as the Treasurer. On verso, the certificate is stamped twice to record extensions of the bond, once on May 1, 1893 and again on May 1, 1905. The certificate is stamped on the front as being canceled on February 1, 1906. Together with two debt certificates for the same bond, No. 1751, dated December 1, 1893 and May 1, 1893, respectively. Both of these certificates are signed by the company Treasurer. All have flattened folds and cancel punches. Varying degrees of light toning and minor soiling. Overall very good.
The New York Central Railroad Company was a combination of ten New York railroad companies, unified by railroad owner Erastus Corning (1794-1872) in March 1853. The merger became the largest corporation in America at the time, and Corning served as president until 1865. The railroad was later bought out by Cornelius Vanderbilt.
This item comes with a Certificate from John Reznikoff, a premier authenticator for both major 3rd party authentication services, PSA and JSA (James Spence Authentications), as well as numerous auction houses.
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